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Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Currito including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,000 - $150,000 | $200,000 - $400,000 |
Franchise Fee | $15,000 | $25,000 |
Royalty Fee | 7% | 6% |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
The cornerstones of the Currito concept are serving real food and positively impacting lives of our guests, our teams, and our communities. Are you looking to take your success in life and in business to the next level?
Please join us! We’re looking for passionate, like-minded people.