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Updated RecentlyNew York NY Fresh Deli vs My Friend's Place Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New York NY Fresh Deli vs My Friend's Place 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 | $156,650 - $260,400 |
| Franchise Fee | $15,000 | $20,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 2001 | 1980 |
| Year Franchised | 2002 | 1980 |
| 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 | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
Number of employees needed to run franchised unit: 6 - 15
Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | 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 | No | - |
| International Expansion | Yes | - |
Company Overviews
About New York NY Fresh Deli
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.
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!'