New York Burrito-Gourmet Wraps vs Farmer Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Farmer Boys including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
New York Burrito-Gourmet Wraps Franchise
Farmer Boys Franchise
Investment $85,000 - $150,000$1,042,500 - $2,486,500
Franchise Fee $15,000$45,000
Royalty Fee 7%5%
Advertising Fee -3%
Year Founded 19951981
Year Franchised 19961997
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee $1K-


Business Experience Requirements

 
New York Burrito-Gourmet Wraps Franchise
Farmer Boys Franchise
Experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience

  • Financing Options

     
    New York Burrito-Gourmet Wraps Franchise
    Farmer Boys Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    New York Burrito-Gourmet Wraps Franchise
    Farmer Boys Franchise
    Training -On-The-Job Training: 480 hours Classroom Training: 60 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops 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 Co-op Advertising Ad Templates Regional Advertising Social media SEO 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)

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    New York Burrito-Gourmet Wraps Franchise
    Farmer Boys Franchise
    US Expansion YesYes
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About New York Burrito-Gourmet Wraps

    NO LONGER FRANCHISING

    About Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys. With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.

    #128 in Franchise 500 for 2021. Not ranked in 2020.