Groucho's Deli vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Groucho's Deli vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Groucho's Deli Franchise
My Friend's Place Franchise
Investment $82,548 - $380,768$156,650 - $260,400
Franchise Fee $18,000 - $28,000$20,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 19411980
Year Franchised 20011980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Groucho's Deli Franchise
My Friend's Place Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Groucho's Deli Franchise
    My Friend's Place 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

     
    Groucho's Deli Franchise
    My Friend's Place Franchise
    Training -1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost

    Marketing Co-op advertising, Regional advertising-
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 13

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed


    Expansion Plans

     
    Groucho's Deli Franchise
    My Friend's Place Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Groucho's Deli

    Harold "Groucho" Miller came to Columbia, S.C. in 1941 with a handful of original recipes for potato salad, coleslaw, and various salad and sandwich dressings, most of which were thought up during his childhood in a Philadelphia orphanage. These humble beginnings along with the idea that, "quality is the most important ingredient in a sandwich," have led Groucho's to legendary restaurant status for 80 years.

    About My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'