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Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs New York 5th Av. Deli including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $156,650 - $260,400 | $65,000 - $110,000 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | 1% | 2%local +2%Nat'l |
Year Founded | 1980 | - |
Year Franchised | 1980 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | The New York 5th Av. Deli Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. New York 5th Av. Deli also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. |
Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | New York 5th Av. Deli will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of New York 5th Av. Deli 's proven systems. |
Marketing | - | - |
Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
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!'
New York 5th Av. Deli is modeled after deli's common to New York City. We serve a range of high quality sandwiches and salads. Besides our extensive sandwich and salad menu, customers can also "create their own" fresh salads and sandwiches. New York Deli offers a healthy, fresh, and quick meal for people on the go. The store sizes range from 50 sq/m to 150 sq/m. New York deli shops are modern, relaxing, and comfortable places to enjoy your favorite sandwich, soup or salad.