CHURROMANIA vs Island Fin Poke Company Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of CHURROMANIA vs Island Fin Poke Company including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
CHURROMANIA Franchise
Island Fin Poke Company Franchise
Investment $135,000 - $335,000 $194,950 - $355,600
Franchise Fee $30,000 $40,000
Royalty Fee 8% 6%
Advertising Fee - 1.5%
Year Founded 1997 2017
Year Franchised 1998 2018
Term Of Agreement 5 years -
Term Of Agreement 5 years -
Renewal Fee - -


Business Experience Requirements

 
CHURROMANIA Franchise
Island Fin Poke Company Franchise
Experience - -

Financing Options

 
CHURROMANIA Franchise
Island Fin Poke Company Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/-
Equipment -/- -/-
Inventory -/- -/-
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
CHURROMANIA Franchise
Island Fin Poke Company Franchise
Training Corporate Office and In-store 10 days. -
Support Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control -
Marketing Ad Slicks, Brochures, Catalogs, Coupon/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos, Churro Truck and Community involvement.. Additional Services: Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies. -
Operations Average Number of Employees: 6 Full-time. Passive Ownership: Allowed. -

Expansion Plans

 
CHURROMANIA Franchise
Island Fin Poke Company Franchise
US Expansion Yes Yes
Canada Expansion - -
International Expansion Yes Yes

Start-Up Costs and Fees Mobile

Investment
CHURROMANIA Franchise
$135,000 - $335,000
Island Fin Poke Company Franchise
$194,950 - $355,600
Franchise Fee
CHURROMANIA Franchise
$30,000
Island Fin Poke Company Franchise
$40,000
Royalty Fee
CHURROMANIA Franchise
8%
Island Fin Poke Company Franchise
6%
Advertising Fee
CHURROMANIA Franchise
-
Island Fin Poke Company Franchise
1.5%
Year Founded
CHURROMANIA Franchise
1997
Island Fin Poke Company Franchise
2017
Year Franchised
CHURROMANIA Franchise
1998
Island Fin Poke Company Franchise
2018
Term Of Agreement
CHURROMANIA Franchise
5 years
Island Fin Poke Company Franchise
-
Renewal Fee
CHURROMANIA Franchise
-
Island Fin Poke Company Franchise
-


Business Experience Requirements

Experience
CHURROMANIA Franchise
-
Island Fin Poke Company Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-
Start-up Costs
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-
Equipment
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-
Inventory
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-
Receivables
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-
Payroll
CHURROMANIA Franchise
-/-
Island Fin Poke Company Franchise
-/-

Training & Support

Training
CHURROMANIA Franchise
Corporate Office and In-store 10 days.
Island Fin Poke Company Franchise
-
Support
CHURROMANIA Franchise
Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control
Island Fin Poke Company Franchise
-
Marketing
CHURROMANIA Franchise
Ad Slicks, Brochures, Catalogs, Coupon/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show, Exhibits, Videos, Churro Truck and Community involvement.. Additional Services: Grand Opening, In-House Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies.
Island Fin Poke Company Franchise
-
Operations
CHURROMANIA Franchise
Average Number of Employees: 6 Full-time. Passive Ownership: Allowed.
Island Fin Poke Company Franchise
-

Expansion Plans

US Expansion
CHURROMANIA Franchise
Yes
Island Fin Poke Company Franchise
Yes
Canada Expansion
CHURROMANIA Franchise
-
Island Fin Poke Company Franchise
-
International Expansion
CHURROMANIA Franchise
Yes
Island Fin Poke Company Franchise
Yes

Company Overviews

About CHURROMANIA

"We have reinvented the Churro to compete", says Ariel Acosta-Rubio, Founder-CEO of CHURROMANIA®, at the Dolphin Mall Store in Miami, Florida. Can the churro displace the doughnut and the cinnamon roll in the United States? What began sixteen years ago as a family business in an eastern coastal town in Venezuela has become a transnational franchise with more than 100 stores. Now, its owners and founders Ariel Acosta-Rubio and Maria Alejandra Bravo De Acosta-Rubio are betting that they will be able to turn a modern version of the traditional Spanish pastry into the most innovative dessert sold in Florida and worldwide. "We have rescued the churro. We have reinvented it to compete with any other kind of fast food", says Acosta-Rubio, founder-CEO of CHURROMANIA®, the Venezuelan franchise with international headquarters on Miami´s Brickell Avenue. Just as other franchises have exported the U.S fast-food culture to Latin America, Latin American fast-food franchises are slowly bringing the flavors of their countries to U.S taste buds. As the United States' Hispanic population and its purchasing power grow, the major metropolitan areas are ready to absorb the new Latin American fast-food offerings, says Marcel Portman, vice president for global development with the International Association of Franchises, a commercial group in Washington, D.C. In 2001 CHURROMANIA® opened It's first store in the United States at Dolphin Mall in Miami Florida, and since then, at Miami International Mall, Westland Mall, Pembroke Lakes Mall; Broward Mall, Southland Mall, Dadeland Mall, Coral Square Mall, Walmart Super Store at Pembroke Pines, The Churromania Truck and Sawgrass Mills Mall; in Orlando Florida Festival Bay Mall and Florida Mall CHURROMANIA® has expanded upon the basic churro, offering: BIG MANIA sprinkled with sugar or cinnamon and filled with dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). TWIST MANIA: choose up to two toppings: sugar, cinnamon , dulce de leche, chocolate, guava, cream cheese, strawberry, caramel, sweet condensed milk, hazelnut chocolate (Nutella). CRISPY MANIA sprinkled with sugar or cinnamon. A TRADITION IN SPAIN Eaten with hot chocolate or café con leche, the churro is a tradition inherited from Spain. CHURROMANIA® is also present in the following countries: Colombia, Panama , Peru, Aruba, Dominican Republic and Venezuela.

About Island Fin Poke Company

"Island

Island Fin Poke Company was established in 2016 by Mark and Paul who had a dream to create a quick casual restaurant
that serves incredible Hawaiian style poke in a cool casual environment and transports you from every day to a surf shack on the beach.
From their homemade sauces, 25 toppings & sustainably sourced fish you will be tasting the flavors of the islands.

The total investment necessary to begin operation of an Island Fin Poke Company franchised business ranges from $194,950 to $355,600. This includes $40,000 which must be paid to the franchisor or an affiliate.
The total investment necessary to begin operations under an Area Development Agreement for three,six or ten outlets ranges from $264,950 to $615,600. This includes $110,000 to $300,000 that must be paid to the franchisor or an affiliate.