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Updated RecentlyNew York Burrito-Gourmet Wraps vs Barberitos Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Barberitos 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 | $119,800 - $554,025 |
| Franchise Fee | $15,000 | $30,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | 2% local |
| Year Founded | 1995 | 2000 |
| Year Franchised | 1996 | 2000 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely — or collectively as an ownership group — have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
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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 | - |
Company Overviews
About New York Burrito-Gourmet Wraps
NO LONGER FRANCHISING
About Barberitos
Barberitos continues to expand throughout the Southeast, and we’re always looking for entrepreneurs who believe in what we do and want to grow with the Barberitos brand. We make the process fairly easy, including offering protected development areas, as well as design and construction guidance.
As a Barberitos franchisee, you’ll have the opportunity to join a growing fast casual brand. In fact, we were named to the 2017 Next 20 restaurant list, which identifies restaurant chains throughout the country that best demonstrate healthy growth and operational excellence.
At Barberitos, we work hard to build a loyal customer base by providing delicious, farm-fresh food and exceptional customer service to keep our customers coming back day after day. If you’re ready for the challenge, email us at [email protected].