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Updated RecentlyNew York Burrito-Gourmet Wraps Franchise
Quick-service gourmet wraps/smoothies
NO LONGER FRANCHISING
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How much does it cost to open a New York Burrito-Gourmet Wraps Franchise?
The investment required to open a New York Burrito-Gourmet Wraps Franchise is between $85,000-$150,000. There is an initial franchise fee of $15,000 which grants you the license to run a business under the New York Burrito-Gourmet Wraps name.
Individual Unit Costs
- Initial Investment:
$85,000-$150,000 - Initial Franchise Fee:
$15,000 - Royalty Fee:
7% - Advertising Fee:
- Term of Agreement:
10 years - Renewal Fee:
$1K
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Wrapsters Inc. and NYB Foods Inc. announced that it has signed a letter of intent to acquire Mesa, Ariz. based New York Burrito restaurants, franchisor of the largest Wrap chain in America.
Since January 1997 when only two stores were open New York Burrito has averaged an opening pace of one new r...
New York Burrito-Gourmet Wraps News & Press Releases
When did New York Burrito-Gourmet Wraps start Franchising? 1996
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2003 | 55 | 0 | 0 | 0 |
| 2002 | 0 | 0 | 0 | 0 |
| 2001 | 0 | 0 | 0 | 0 |
| 2000 | 75 | 0 | 0 | 2 |
| 1999 | 41 | 0 | 0 | 2 |
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
International: Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
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
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)
Business Experience:
To calculate how much income a franchise owner can do at New York Burrito-Gourmet Wraps Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for New York Burrito-Gourmet Wraps and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a New York Burrito-Gourmet Wraps franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
New York Burrito-Gourmet Wraps
New York Burrito-Gourmet Wraps
300 International Pkwy., #100
Heathrow,
FL
32746