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Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Austin Grill 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 | $1,807,000 - $2,790,000 |
Franchise Fee | $15,000 | N/A |
Royalty Fee | 7% | - |
Advertising Fee | - | - |
Year Founded | 1995 | 1988 |
Year Franchised | 1996 | 2007 |
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
With over 20 years of Tex-Mex tradition under our belt, you know we do it right. At Austin Grill, you'll find the food that generations of Texans have come to expect - with an Austin twist: fresh, made-from-scratch Tex-Mex. Specialty margaritas with real lime - no store-bought mixes. Hand rolled enchiladas. Fifteen different homemade salsas, sauces, and dressings. Fresh off the farm ingredients. And, of course, our authentic charbroiled chicken wings. Come for lunch or dinner and enjoy our house specialties - Austin style - like our Chili-crusted Tuna, Carne Asada, or our new Austin Slopper. Try our weekend brunch packed with all your southern favorites, like our homemade migas, cornmeal pancakes, and huevos rancheros. Stop on by and enjoy some of Austin Grill's best - for Tex-Mex. So Fresh, You'll Blush.