|
Below is an in-depth analysis and side-by-side comparison of Honey Dew Donuts 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 | $125,000 - $400,000 | $119,000 - $208,000 |
Franchise Fee | $35,000 | $29,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | $300 - $600 |
Year Founded | 1973 | - |
Year Franchised | 1974 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | - | 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 | - | 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 | - | - |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
Dick Bowen, founder and president of Honey Dew Associates, Inc. always had a passion and taste for donuts. As a kid, he followed his dad to work at a local donut shop in West Roxbury, Massachusetts. Throughout high school he worked at several coffee and donut shops, dreaming of the day he would own his own where the local community could gather to "enjoy the local flavor."
In 1973, Dick's dream came true when he opened the first Honey Dew Donuts shop in downtown Mansfield, Massachusetts. He quickly became a local favorite, offering a friendly smile and the finest donuts and coffee around. He lived the promise "Always Fresh, Always Good" and his customers responded by coming over and over again.
Building a chain of coffee and donut shops was never a part of Dick's plan. A customer suggested bringing Honey Dew Donuts to his own local community, and in 1975, this customer became the first franchisee. Three years later Dick introduced the drive-thru concept to New England when he installed one in the Plainville, Massachusetts shop.
Over time, as the chain expanded with more franchisees and more shops, so did the menu to include mouth-watering muffins, pastries, bagels, breakfast sandwiches, gourmet flavored coffees, and frozen beverages. Today, Dick heads a thriving franchise organization that, more than 30 years after the first shop in Mansfield opened, includes over 150 shops sprinkled throughout New England. Dick is now President of Honey Dew Associates and our Franchisees follow Dick's example and are local favorites in their own communities. In fact, many of them get to know their customers so well; they can fill orders as soon as they see their cars enter the parking lot!
Honey Dew Donuts is a New England based coffee and bakery Franchise Company with over 150 locations throughout the Northeast. We are currently seeking individuals, and couples to join our 35-year young brand.