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Below is an in-depth analysis and side-by-side comparison of Edible Arrangements vs The New York Butcher Shoppe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $189,750 - $348,950 | $385,500 - $500,500 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | to 4% |
Advertising Fee | 5% | - |
Year Founded | 1998 | 1999 |
Year Franchised | 2000 | 2003 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | $2K | 20% of fee |
Business Experience Requirements |
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Experience | *Customer service aptitude *Financial management skills *Managerial experience *Motivation and a strong desire to succeed *Willingness to follow a proven system *The ability to personally devote the time and effort necessary to build, manage and supervise an EDIBLE ARRANGEMENTSĀ® business or enterprise | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Our initial training program for all new franchisees includes two weeks of hands-on training at EDIBLE UNIVERSITY at our corporate headquarters in Wallingford, CT, and in-store training at an EDIBLE ARRANGEMENTS training store. Franchisees receive instruction on sales, management, production and customer service procedures during this time. Once you've graduated from 'EU' and are ready to open your new EDIBLE ARRANGEMENTS store, an EDIBLE ARRANGEMENTS Field Business Leader will come to your store to assist with additional on-site training through your store opening. And, with our proprietary e-Learning software, you and your employees can continue to learn store processes and more with real-time updates right from your store. | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, Regional advertising |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 6 - 7 |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
The New York Butcher Shoppe was founded in 1999 in Mt. Pleasant, SC. Since that time it has grown in popularity with customers and now has locations in South Carolina and Georgia with plans for new stores in additional states. The The New York Butcher Shoppe concept is founded on the principles of outstanding customer service and the highest quality product, in a clean and inviting atmosphere. Our line of hand cut steaks using Premium Angus Beef , prepared entrees, side dishes, salads and dips are always fresh and provide a unique shopping niche for our customers. We also offer fresh sausages, frozen pastas, vegetables, hard to find grocery items, and a top selection of fine wines and cheeses. The stores are able to operate well on small staffs in retail space from 1,100 - 1,600 square feet. Assistance with site selection is provided by us, as well as guidance through your opening and ongoing operations. As the owners of the Franchiser, we also operate stores and are hands on every day to build the brand and the system. Our commitment to successful franchisees is the same as our commitment to our customers and standards of operation. We will provide each franchisee: