Frequently Asked Questions
WHAT DO I NEED TO OPEN A CHURROMANIA® FRANCHISE?
Contrary to popular belief, (and many OTHER restaurant franchise concepts), you don’t need a million dollars to launch your new business. The estimated initial investment ranges between $184,450– $506,000*. Costs vary from market to market and are affected significantly by the square footage and format of the location and regionally specific costs associated with the build-out, equipment, materials, furniture, etc.
*Get all details on startup costs from Item 7 of our most recent Franchise Disclosure Document (FDD).
HOW MUCH IS THE FRANCHISE FEE?
Our franchise fee is $30,000 for 1 unit.
HOW MUCH MONEY CAN I MAKE?
Our Average Unit Volumes (AUV) is $571,741*. Even better, 48% If our stores are at, or above this average. Find out more about your earnings potential in our Franchise Disclosure Document (FDD), which includes the Item 19 that shows Income Statements from CHURROMANIA franchisees. Item 19 can help you understand potential revenue, labor costs, COGS and profit margins. To gain access to the FDD, you must qualify through our first round of screening after you submit your interest in becoming a franchisee.
*Get all details from Item 19 of our most recent Franchise Disclosure Document (FDD).
WHAT TO DO I NEED TO QUALIFY THROUGH THE FIRST ROUND OF SCREENING?
Our ideal candidates have a minimum of $250,000 in net worth, and $100,000 in liquid assets.
WHY DO PEOPLE LIKE CHURROMANIA® ?
Churros are a multicultural and international delicacy known by everyone. Churros are one of the fastest growing specialty products in the world. CHURROMANIA® offers a delicious and high-quality churro that is always fresh and made to order. Our churros are fun, shareable, memorable, and most of all, delicious.
HOW MANY CHURROMANIA® STORES ARE THERE?
When CHURROMANIA® started in 1997, our founders saw lots of opportunity for growth. After opening a couple of stores themselves, they found the best and fastest way to grow was through franchising. Pioneering this form of expansion in their native Venezuela (where CHURROMANIA® was born), franchising helped them expand into different cities, states, and eventually countries. Today, there are over 120 stores worldwide in 10 countries including the United States. This makes CHURROMANIA® the largest and most successful churro franchise in history.
DO I NEED TO HAVE INDUSTRY EXPERIENCE?
It is not necessary to have franchise or food industry knowledge before becoming a CHURROMANIA® franchisee. We offer guidance through training, operating manuals, and a network of franchisees that are always willing to help. What you do need is a strong work ethic, strong business management skills, a positive attitude, commitment to excellent service, being a team player, and have the drive to succeed and control your own financial future and be your own boss.
WHAT KIND OF SUPPORT WILL I GET?
We provide ongoing support services to you by phone, email and on-site visits to your location. We have highly skilled and knowledgeable team members with over 20 years of franchise experience ready to answer your questions and help guide you towards success. We regularly update our operations manual with new procedures and other information designed to improve operations for all franchisees. We’re also available to conduct ongoing training programs.
WILL I GET SUPPORT IN FINDING AND BUILDING OUT LOCATIONS?
Of course! Since 1997, we’ve helped our franchisees find the best locations and build the perfect store for them and their market, and we’ll bring this experience to you too.
HOW MANY EMPLOYEES WILL I NEED? DO I NEED TO BE THERE EVERYDAY?
The number of employees is dependent on sales volume, but on average it can take an average of 5 employees. We recommend that the franchisee be there as much as possible, especially on a full-time basis for the first 3 to 6 months. If you are a multi-unit operator, you can have a trusted manager in each location, so you don’t have to be there every day.
HOW DO I FIND OUT IF I QUALIFY?
After submitting your candidacy to become a CHURROMANIA® franchisee, you will be contacted to move into the second stage of our selection process if you qualify.
WHAT ONGOING FEE DO I PAY TO CHURROMANIA®?
CHURROMANIA® franchisees pay a flat 8% royalty on net sales. There are no marketing fees. This fee entitles you to continued use of the CHURROMANIA® name and trademarks, access to our operating systems, new product development, ongoing business consulting and other benefits that come along with being a CHURROMANIA® franchisee.
WHERE ARE CHURROMANIA® LOCATIONS TYPICALLY?
CHURROMANIA® locations do well just about anywhere where there are people. As an impulse product, we thrive in environments with high foot-traffic. Historically, these locations include malls, highly-walked streets, and we have a strategic partnership with Walmart that allows us to build stores inside Walmarts to capitalize on their high volume of people coming and going every day.
WHAT IS THE AVERAGE STORE SIZE?
We have a wide array of formats. Typically, our stores inside malls and Walmarts are 350-650 ft2, our kiosks are 150-200 ft2.
HOW LONG WILL IT TAKE TO OPEN MY STORE?
This timeframe will depend on how long it takes to find a location, negotiate the lease agreement, and local permitting. We strive to open every store within 6 months.
WHAT TRAINING WILL YOU PROVIDE FRANCHISEES?
We provide three types of training: management training, operations training, and sales training. Management training prepares you to be able to run your location(s) efficiently and profitably and is the first step of training. Once that is done, we help you figure out the actual operation of the store from inventory management to employee training and process management. Finally, we offer sales training to you and your employees by our sales gurus to ensure that your location is selling as well as it should by keeping median ticket sales on target and maintaining high customer service quality.
WHEN WILL MY FRANCHISE BE AWARDED?
We have a franchise process that we’ve been perfecting since 1997. It allows us to provide you with all the information you need to know regarding your CHURROMANIA® franchise opportunity and answer all your questions about franchising. At the same time, we learn all about you to confirm whether you’ll be a good fit for our franchise family. This process has 6 steps and takes anywhere from 6–8 weeks. To get started, fill out the form.
IS ABSENTEE OWNERSHIP ALLOWED?
CAN THIS FRANCHISE BE RUN FROM HOME?
CAN THIS FRANCHISE BE RUN PART TIME?
ARE EXCLUSIVE TERRITORIES AVAILABLE?