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Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Mr. Subb including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $85,000 - $150,000 | N/A |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1995 | - |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1K | - |
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/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
NO LONGER FRANCHISING
No Deep Fryers, No Grills! Serving a large selection of Hot and Cold subbs including Grilled Chicken, Italian Mixed, Steak and Cheese and our delicious Reuben Subb. Our menu is complimented with delicious soups, salads and fresh baked cookies. Customers can choose either a hearth baked subb roll, wheat roll or subb wrapp. We serve "Food you can Feel Good About Eating"