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Updated RecentlyMy Friend's Place vs The Carving Board Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs The Carving Board including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $156,650 - $260,400 | $314,500 - $621,500 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 1% | - |
| Year Founded | 1980 | 2012 |
| Year Franchised | 1980 | 2016 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | - |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | - |
| Marketing | - | - |
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About My Friend's Place
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'
About The Carving Board
The Carving Board is the bold answer to the classic sandwich joint. Ushering in a fresh era of industrial décor, today’s music, hand selected ingredients and over 50 different sandwich combinations, we are setting the new sandwich standard.
Proprietary and proven operating systems and procedures
POS system that helps you manage the business efficiently to maximize profits
Inventory software to manage costs and minimize waste
Exceptional training to achieve consistency in profitability, operations and practices
Ongoing support, systems, and menu changes to keep up with current trends in the market.
POS system that helps you manage the business efficiently to maximize profits
Inventory software to manage costs and minimize waste
Exceptional training to achieve consistency in profitability, operations and practices
Ongoing support, systems, and menu changes to keep up with current trends in the market.