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Below is an in-depth analysis and side-by-side comparison of The New York Butcher Shoppe vs Pretzel Time including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $385,500 - $500,500 | $145,000 - $254,000 |
Franchise Fee | $35,000 | $25,000 |
Royalty Fee | to 4% | 7% |
Advertising Fee | - | 1-3% |
Year Founded | 1999 | 1991 |
Year Franchised | 2003 | 1992 |
Term Of Agreement | 10 years | 7 years |
Term Of Agreement | 10 years | 7 years |
Renewal Fee | 20% of fee | - |
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 | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | No | No |
The New York Butcher Shoppe was founded in 1999 in Mt. Pleasant, SC. Since that time it has grown in popularity with customers and now has locations in South Carolina and Georgia with plans for new stores in additional states. The The New York Butcher Shoppe concept is founded on the principles of outstanding customer service and the highest quality product, in a clean and inviting atmosphere. Our line of hand cut steaks using Premium Angus Beef , prepared entrees, side dishes, salads and dips are always fresh and provide a unique shopping niche for our customers. We also offer fresh sausages, frozen pastas, vegetables, hard to find grocery items, and a top selection of fine wines and cheeses. The stores are able to operate well on small staffs in retail space from 1,100 - 1,600 square feet. Assistance with site selection is provided by us, as well as guidance through your opening and ongoing operations. As the owners of the Franchiser, we also operate stores and are hands on every day to build the brand and the system. Our commitment to successful franchisees is the same as our commitment to our customers and standards of operation. We will provide each franchisee:
Pretzel Time introduced their famous soft pretzel in 1991 and have grown to become leaders in the soft pretzel category, specializing in offering steaming hot, fresh-baked, fresh twisted pretzels, pretzel dogs, freshly squeezed lemonade, and cold beverages all over the world. Pretzel Time operates over 190 stores located in 30 states and five international locations. NexCen added Pretzel Time to its QSR segment in August 2007. With the brand's commitment to fresh quality products and innovative new menu items, NexCen's marketing and branding experts will build the pretzel business beyond "just the pretzel concept in the mall," into a unified brand with strong positioning, a product innovation focus and a compelling look and feel. NexCen plans to elevate the pretzel business in consumers' minds in both the domestic and international marketplace. For more information, please visit www.pretzeltime.com