| ||||
Updated RecentlyNew York Burrito-Gourmet Wraps vs Qdoba Mexican Grill Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Qdoba Mexican Grill including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $85,000 - $150,000 | $475,500 - $1,095,000 |
| Franchise Fee | $15,000 | $30,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 1.25% |
| Year Founded | 1995 | 1995 |
| Year Franchised | 1996 | 1997 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $1K | $5K |
Business Experience Requirements |
||
| Experience | ||
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
||
| Training | - | On-The-Job Training: 179 hours Classroom Training: 37 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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, Regional advertising | National Media Regional Advertising Social media SEO Website development Loyalty program/app |
| Operations |
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) |
Franchisees required to buy multiple units/master licenses; 90% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | Yes |
| International Expansion | Yes | No |
Company Overviews
About New York Burrito-Gourmet Wraps
NO LONGER FRANCHISING
About Qdoba Mexican Grill
The fast casual franchise chosen by the world's toughest restaurant critics: Successful Franchisees.
We've attracted successful multi-unit franchisees from such brands as Jack in the Box, Papa John's, Burger King, Sonic, Popeye's and Village Inn, as well as a former president of KFC and a former CEO of Church's and Rally's. Clearly, they know a winning system when they see it.
* Exceptional sales-to-investment ratio
* 9 consecutive years of same store sales growth
* Leader in the exploding Fast-Casual Mexican category
Qdoba is more than just incredible food; it's a brand in the right place at the right time.
Requirements for becoming a Qdoba Multi-Unit Developer
Qdoba Mexican Grill is seeking multi-unit development partners in territories throughout the United States.
To be considered, individuals or partnerships must meet the following minimum characteristics:
* 3 years multi-unit restaurant management experience as an owner and/or operator
* Minimum financial net worth of $2 million and liquidity of $500,000
* Development agreement commitment of 3-20 units
* Knowledge of real estate and trade areas in development territory
* Must have enthusiasm, drive, and passion for the restaurant industry
* Operating partner must live in the territory
* Single unit franchises require a $750,000 net worth and are considered on a case by case basis
If you meet the above criteria and are interested in taking the next step, please contact us.
The total investment necessary to begin operation of a Qdoba
restaurant is $475,500 - $1,095,000. This includes $30,000 which must be
paid to the franchisor or their affiliates.
The total investment necessary to begin operation of a non-traditional Qdoba restaurant is
$251,500 - $815,000. This includes $15,000 which must be paid to the franchisor or their affiliates.
The franchisor may offer the right to enter into a development agreement to develop a minimum of two Qdoba restaurants pursuant to a development agreement. You must pay a development fee to the franchisor in the amount of $10,000 for each restaurant to be developed (there are no additional fees payable to their affiliates).
The franchisor may offer the right to enter into a development agreement to develop a minimum of two Qdoba restaurants pursuant to a development agreement. You must pay a development fee to the franchisor in the amount of $10,000 for each restaurant to be developed (there are no additional fees payable to their affiliates).
The total investment necessary under the development agreement, based on a commitment of two
Qdoba restaurants, is $952,000 to $2,195,000. This includes $20,000 of
development fees that must be paid to the franchisor or their
affiliates.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#152 in Franchise 500 for 2020.
#293 in Franchise 500 for 2021.