|
Below is an in-depth analysis and side-by-side comparison of Buffalo Philly's vs NYC Bagel & Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $215,200 - $376,100 | $119,000 - $208,000 |
Franchise Fee | $18,000 | $29,500 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | $300 - $600 |
Year Founded | 2000 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $9K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
Marketing | Ad slicks, National media, Regional advertising | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Buffalo Philly is a unique high-energy restaurant concept dedicated to serving family and friends of all ages. Our mission is to provide a quality meal with exceptional value, complete with professional customer service whether dining in our relaxed, friendly atmosphere or taking the order to go. Buffalo Philly's offers full catering to any special event or party, or you can bring your group here. At Buffalo Philly's�, great tasting food is our promise. Our menu will feature brand name products such as made to order Perdue Jumbo chicken and wings as well as Certified Black Angus Steak. Our products are 100% guaranteed whether you choose from our 9 delicious sauces for your wings or a mouthwatering Philadelphia cheesesteak with saut�ed Vidalia onions and portabella mushrooms.