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Below is an in-depth analysis and side-by-side comparison of New York NY Fresh Deli vs Schlotzsky's including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $86,000 - $150,000 | $719,400 - $959,400 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 4% |
Year Founded | 2001 | 1971 |
Year Franchised | 2002 | 1977 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 240 hours Classroom Training: 50 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 6 - 15
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
New York New York Franchising, Inc. operates and franchises restaurants internationally. Its menu includes breads, panini, sandwiches, salads, hot subs, meals, soups, beverages, and desserts. The company also offers catering services for party of office meetings. It has locations in Alabama, Arizona, Utah, Arkansas, New Mexico, California, North Dakota, Florida, Ohio, Idaho, Oregon, Iowa, Pennsylvania, Missouri, and Texas. New York New York Franchising, Inc. was founded in 2001 as New York Subs Franchising Corporation and changed its name to New York New York Franchising, Inc. in 2003.
Founded in 1971, Schlotzsky's is a pioneer in the fast casual restaurant category, offering customers an inviting restaurant feel, affordable meals throughout the day, and great food that has created a passionate following among customers throughout the country and the world. Our delicious and unique products, exciting, modern restaurant design, superior franchise support and committed ownership make a Schlotzsky's franchise a great business opportunity. Joining the Schlotzsky's franchise family will open the door to an exciting future.