8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
We offer franchises for the operation of Street Churros churros and dessert restaurants providing premium churros, hotdogs, ice creams and other street food items with a choice of toppings and flavors, as well as other related products and services.
Company Background
We are the original purveyors of churros in Los Angeles. Street Churros is a premium churro restaurant that provides authentic Mexican street food at affordable prices. We have been serving delicious, freshly made hotdogs, icecreams, and other delicacies for over twenty years to locals and tourists alike. Our mission is to provide people with high-quality food at an affordable price that will satisfy their cravings for all things sweet or savory.
Franchise Opportunity
Churros are a delicious treat, but they can be hard to make at home. Not only are churros difficult to make at home, but they're also time consuming. You have to fry the dough, then coat it in sugar and cinnamon. Street Churros is the solution. We provide delicious and freshly made churros that you can enjoy in any setting. Whether you're at home, work, or out on the town, we've got you covered.
Corporate Structure
We are in the business of selling franchises for.a. churrOs retail outlet operating under the name of “Street Churros” and related marks. A Street Churros Store (“Store”) specializes in the preparation and sale of a specialized menu of churros, hot dogs, ice creams and other related dessert and street food products and services (“Menu Items”), located at locations approved by us, such as in strip shopping centers, shopping malls, kiosks, arid free standing units. Our Menu Items are prepared according to proprietary recipes and procedures and use high quality ingredients, some of which are branded, trademarked, and/pr packaged exclusively for our systern and our franchise owners. If you acquire a Street Churros Store you must operate your Store according to oUr business formats, methods, procedures^ desigris, layouts, staridards and.specifications (the “System”).
Investment and Franchisee Fees
The total estimated investment necessary to begin operation of a single unit Street Churros Store franchise ranges from $93,000 $352,000. This includes a $25,000 initial franchise fee that must be paid to us, the Franchisor.

FAQ

How much investment do I need to start my own Street Churros business?
Franchisees typically require at least $93 to $352 investment to get their Street Churros business started
What are the initial franchise fees for Street Churros?
Franchisees typically need to pay at least $25 in fees directly to Street Churros in order to earn the right to launch their business
How much money can I make with a Street Churros franchise? What are the average revenues for a typical Street Churros business?
We haven’t done the math on how much revenue a typical Street Churros brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Street Churros to generate a similar amount
How long do I need to commit to running a Street Churros unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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