Q: How long does the application process take? A: It generally takes up to 6 weeks between the time you first fill the application until you attend the personal interview. top Q: Once approved, how long would it take to open the location? A: This time varies from location to location, but it generally takes about six months after signing the Franchise Agreement before you will be ready to open for business. top Q: What is the initial investment for a BannaStrow's franchise? A:For US opportunities, initial investment ranges between $109,500 - $169,000. top Q: What kind of training will I receive before I open my store? A: Part of the franchise package consists of an intensive training session that will provide you with all information you will need in order to run your BannaStrow's store. This training has several phases which include classroom as well as on the job sessions, and takes place at both, BannaStrow's corporate head quarters as well as at your location. top Q: I have found a great location and BannaStrow's has no stores nearby. Can I be assigned this location? A: As part of the franchise program, BannaStrow's will evaluate your proposed store location before granting our approval. In addition, we will give you assistance throughout the site selection process. top Q: What revenue should I expect from my location? A: The amount of revenue your store will generate depends on several factors, such as demographics, foot traffic of location, operating costs, etc, and the franchisee's ability to manage and operate the store. top Q: Will I receive any support after I open my store? A: You will receive ongoing support from BannaStrow's staff throughout the operation of your store. In addition, you will be called periodically for conferences and meetings to update and inform you of new trends and facts concerning your BannaStrow's store. top Q: Can I open more than one location? A: Yes, as long as you can provide sufficient funds, you can open more than one BannaStrow's location. top Q: Does BannaStrow's award regions and extended areas? A: Yes, BannaStrow's awards regions and extended areas following a detailed analysis and review of the situation. top Q: Does BannaStrow's require royalty payments? A: Yes, BannaStrow's royalty payment for US locations is 6%. This fee entitles you to use the BannaStrow's trade name and the associated service mark, and to have access to operational systems, marketing assistance, ongoing business development, consulting and other benefits that come with being a part of the BannaStrow's franchise system. top Q: What is the term of BannaStrow's Franchise Agreement? A: The initial term of the Franchise Agreement is five (5) years from the date the Franchise Agreement is signed. The franchise is renewable for three (3) additional successive terms of (5) years each, provided you have complied with the provisions in the Franchise Agreement. top Q: What is my next step? A: Simply complete the Franchise Information Request form. If, after reviewing your qualifications, we feel you have the potential to join the BannaStrow's, we will send you a franchising brochure with detailed information about BannaStrow's franchising program and a Confidential Franchise Evaluation to be completed. Once the application and any additional required documentation are received and approved, you will be invited to attend a face-to-face meeting at BannaStrow's corporate headquarters. During this meeting you will have the occasion to meet our staff, ask questions, and evaluate the opportunity of joining BannaStrow's as a franchisee |