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Below is an in-depth analysis and side-by-side comparison of The New York Butcher Shoppe vs Mr. Pretzels 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 | $50,000 - $250,000 |
Franchise Fee | $35,000 | $20,000 |
Royalty Fee | to 4% | 6% |
Advertising Fee | - | 3.5% |
Year Founded | 1999 | 1993 |
Year Franchised | 2003 | 1994 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% of fee | - |
Business Experience Requirements |
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Experience | $750,000 USD Net Worth $250,000 USD Liquid Assets Solid business experience Multi-unit management Proven expertise in retail (food and beverage a plus) Previous franchise experience advantageous |
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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/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Comprehensive Training # Extensive Store Training Programs that include a Mr. Pretzels overview, store opening procedures, service training, and training for all levels of staff. # Comprehensive Training Manual that covers all management and staff procedures - from opening to closing - plus information on financial reporting, accounting, inventory, and human resource management. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | World-Class Franchisee Support Services Printer-Friendly Pre-Opening and Operation Support * Assistance with every phase of store development: from initial layout through ongoing operations. * Your Mr. Pretzels Consultant will be your direct liaison to our staff at Mr. Pretzels' Support Center. * Expert guidance on store construction, grand opening, building sales, optimizing profits, training, marketing, ongoing research and development, and more. |
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 | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
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:
Mr. Pretzels currently offers franchising opportunities for individuals and companies that adopt the strategy of multi-unit territory development. This business model enables our partners to build the brand in their territory as well as leverage marketing and purchasing capacity. We require 100% of the first-year development to be funded through allotted capital and, at a minimum, 30% of the next four years (development schedule is 5 years) to be accessible dedicated capital. We seek qualified franchise partners interested in multi-unit development in exclusive territories around the world. Mr. Pretzels is a leading snack food brand with more than 140 retail locations worldwide in 11 countries. Our strong international network allows us to provide outstanding operational support to every franchisee. It is one of the lowest investments in the food business (USD$50,000-$100,000) and the training lasts only two weeks. We are seeking International franchisees interested in exclusive, multi-unit territory development of at least five stores within three years.