New York Burrito-Gourmet Wraps vs La Bamba Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs La Bamba 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
La Bamba Franchise
Investment $85,000 - $150,000$187,000 - $335,833
Franchise Fee $15,000$30,000
Royalty Fee 7%-
Advertising Fee --
Year Founded 19951987
Year Franchised 19961989
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
New York Burrito-Gourmet Wraps Franchise
La Bamba Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    New York Burrito-Gourmet Wraps Franchise
    La Bamba Franchise
      In-House/3rd PartyIn-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

     
    New York Burrito-Gourmet Wraps Franchise
    La Bamba Franchise
    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

     
    New York Burrito-Gourmet Wraps Franchise
    La Bamba Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About New York Burrito-Gourmet Wraps

    NO LONGER FRANCHISING

    About La Bamba

    La Bamba Mexican Restaurants Group is a chain of 20+ concept-based Mexican "fast casual" restaurants serving both college towns and big cities, primarily in the Midwest. With a catchy "Burritos as big as your head" slogan, La Bamba features cooked-to-order Mexican meals in the $6-$7 range as well as a selection of Value Meals. The food is delicious and truly authentic Mexican, the portions are large and the service is quick. Our restaurants are all decorated with a bright, Mexican theme in red, white and green that helps to create a welcoming and relaxed atmosphere. The restaurants begin serving lunch at 11:00 a.m. and stay open late at night to cater to the "after bar-closing"crowd.