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BannaStrows Master Franchise
BannaStrow’s is a franchise concept that focuses on an assorted menu of Crepes, Waffles, Salads and Wreps (wrapped crepes) cooked to order in front of its customers for a wonderful show.
Overview
Crepes appeal to people of all ages, race and nationalities at every hour of the day. The concept’s main draw is the nature of the assembly process of the Crepes; there is no need for hoods or extractors for fumes, allowing BannaStrow’s to operate a full size restaurant without the need of a kitchen. In addition, there is almost no residue in the preparation process and locations can be operated even with one employee, making BannaStrow’s a very attractive franchise concept.
History
With more than 15 years of restaurant experience, BannaStrow's creators identified crepes as an outstanding food item for time-pressed shopping mall customers. They knew that shoppers would love their crepes as an alternative to the usual mall fare. Realizing that kiosks were growing in presence around the nation; the concept was designed to fit perfectly into mall concourses, food courts, airports and convention centers - Any high foot traffic facility!
Benefits to Owning a BannaStrow's Franchise
- Can be operated by a Semi-Absentee Owner.
- We do not require hoods or any other smell control devised by city or state regulations.
- Due to the nature of our assembly process we can offer a full-size restaurant variety of dishes, without a kitchen.
- Our products appeal to people during all hours of the day - they can be eaten as a meal or a snack as well as breakfast or a meal.
- Our products appeal to all ages, genders and nationalities.
- No prep time. Everything is pre-cooked and processed.
- The store opens and it is ready to start selling.
- The BannaStrow’s Crepe mix is proprietary.
- All of our supplies are carried by a national distribution company allowing for easy nationwide fulfillment.
Investment Advantages
- Low set-up cost. From $115,000 to $190,000, depending on the size of the unit (including Franchise Fee).
- Stores can be operated by 2 -3 people at a time.
- Concept with more than 7 years in the market.
- Room for growth. The company is engaged in an aggressive expansion plan throughout the US.
- Faster return on investment (compared to other food franchises).
- Equipment used is low cost and high efficiency.
The Industry
- People have to eat, even during a recession!
- The Restaurant Industry Forecast released Jan 20th, predicts US restaurants will earn nearly $580 billion in sales this year.
- The National Association Restaurant Report for 2010 reports that the “quick serve” segment is expected to perform better than full service eateries.
- Ethnic cuisines and flavors are a hot trend for 2010.
Ideal Franchise Location
200 sq ft-1000 sq ft
Franchise Requirements
- Restaurant experience preferred, but not necessary.
- Sales and Marketing Skills.
- Proper Financial Qualifications.
- Management Skills.
Training and Support
The initial training program consists of approximately 80 hours of classroom instruction over 2 weeks that will include:
- Food and beverage preparation specifications and techniques,
- Marketing and merchandising methods,
- Inventory control,
- Human resource management,
- Policies and procedures,
- Equipment maintenance,
- Health regulation compliance and other similar topics.
We will conduct the initial training program at our headquarters in Miami, Florida, or another location that we designate.
Financial Information
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Single Unit |
3-Pack |
Master |
| Cash Investment |
$60,000 - $80,000 |
$150,000 |
$160,000 to $260,000 |
| Total Investment |
$109,500 to $169,000 |
$328,000 - $507,000 |
$160,000 to $380,000 |
| Minimum Net Worth |
$200,000 |
$300,000 |
$400,000 |
| Franchise Fee |
1st Unit: $30,000
Each Additional: $20,000 |
$68,000 |
$156,000 to $390,000 |
| Royalty |
6% each store |
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40/60 with Corporation |
| Ad |
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1% |
| Financial Assistance Provided |
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3rd Party |
| Site Selection Assistance |
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YES |
| Lease Negotiation Assistance |
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YES |
| Co-Op Advertising |
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Administered by Region |
Target Market Areas
| Alabama |
Maine |
New Mexico |
Texas |
| Arizona |
Massachusetts |
North Carolina |
Utah |
| California |
Mississippi |
Ohio |
Vermont |
| Colorado |
Missouri |
Oklahoma |
Washington D.C. |
| Connecticut |
Nebraska |
Oregon |
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| Florida |
Nevada |
Pennsylvania |
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| Georgia |
New Hampshire |
South Carolina |
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| Louisiana |
New Jersey |
Tennessee |
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