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Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Fabrika 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 | $175,000 - $500,000 |
Franchise Fee | $15,000 | $30,000 - $40,000 |
Royalty Fee | 7% | - |
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 | Yes |
NO LONGER FRANCHISING
Fabrika is a stylish open idea eatery priding itself on their solid menu choices and minding staff. This European-style establishment offers crisply made sandwiches notwithstanding a wide choice of flavorsome soups. Clients additionally make the most of Fabrika's mark plate of mixed greens bar where they can set up their own courses and dinners from an assortment of blended greens, crisp vegetables and fixings.
Today, Fabrika is a piece of the MTY Group and works in three areas crosswise over Montreal.