Wednesday, October 19, 2016

Don Churro Sells 25 franchises in 3 Months

Don Churro announces that already sold 25 units since may 2016, when it became a franchise. According to the company, it is expected that by the end of the year to be opened 30 new units and that the brand reach a revenue of 1,300,000 reais. The network, founded at the end of last year by economist Alessandro Rico and Fábio Luiz Neves, administrator has the proposal to offer the feeling of eating a churro in town square, on the beach at night or in the yard sale. The franchise has business model with initial investment from 55000 reais, with return from 6 months, average profitability of 20% and no need of working capital.
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