New York Burrito-Gourmet Wraps vs Margaritas Mexican Restaurant Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Margaritas Mexican Restaurant 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
Margaritas Mexican Restaurant Franchise
Investment $85,000 - $150,000$1,182,000 - $1,454,000
Franchise Fee $15,000$30,000
Royalty Fee 7%4%
Advertising Fee --
Year Founded 1995-
Year Franchised 1996-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements

 
New York Burrito-Gourmet Wraps Franchise
Margaritas Mexican Restaurant Franchise
Experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    New York Burrito-Gourmet Wraps Franchise
    Margaritas Mexican Restaurant 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
    Margaritas Mexican Restaurant Franchise
    Training -Margaritas Support Center provides the following support and training specifications for the franchise community: � Management training � New Restaurant Opening (NRO) training � Workshops, seminars and materials � Annual meetings
    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 advertisingThe Margaritas Support Center Marketing Department provides the following support and material specifications for the franchise community: � Menus � Creative material access � Direct mail programs � Promotional materials � Local Restaurant Marketing (LRM) materials
    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
    Margaritas Mexican Restaurant Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About New York Burrito-Gourmet Wraps

    NO LONGER FRANCHISING

    About Margaritas Mexican Restaurant

    Welcome to Margaritas Mexican Restaurant; a colorful, exciting eating and drinking experience. Our restaurants are filled with unique, authentic arts and crafts; our food and drinks are generous, flavorful and satisfying; our people are welcoming and accommodating. It's about hand-crafted attention to detail; from the colorful, carved chairs and tables to the fresh-made salsa and chips you're offered as you're seated. It's an experience that transports you.Margaritas is a concept and culture that will thrive in any market. We are awarding area development agreements throughout the USA and abroad to multi-unit operators that qualify. We're looking for franchisees that want to present a powerful culture of excellence in food, drink and fun by investing in a spirited brand that reflects a commitment to guests, community and shareholders. Join our effort to present the most exciting Mexican concept in America and let's have fun doing it. As a franchisee in the Tio Juan'sMargaritas system, you will have the benefit of our more than 30 years of operations in the casual dining restaurant industry. Your opportunity for success is greatly increased because of our ongoing commitment to provide you, your people, and your restaurant with a comprehensive approach to development, training and operations support. Margaritas is the dynamic restaurant brand you have been looking for. If you're interested, complete our application on our website www.margs.com