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Below is an in-depth analysis and side-by-side comparison of Gandolfo's New York Delicatessen vs I Dream of Falafel including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $302,450 - $558,950 | $337,811 - $470,302 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% local +1% Nat'l | 3% |
Year Founded | - | 2009 |
Year Franchised | - | 2011 |
Term Of Agreement | - | 10 years +5+5 |
Term Of Agreement | - | 10 years +5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | While it does help to have prior food or restaurant experience, Gandolfo's does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business. | Prior experience in foodservice is a plus but not required to join the I Dream of Falafel system. We look for franchise owners who have solid staff management and customer service skills. We are also seeking franchise owners who will be directly involved in the operations and growth of their I Dream of Falafel businesses, unless they have an operating partner with a minimum equity in the business. In turn, we'll provide the support franchisees need to run their I Dream of Falafel operations. We do, of course, also expect that franchisees have the right amount of capital to invest in the franchise. |
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 | Prior to your restaurant opening, we will furnish initial training on the operation of a Gandolfo's New York Delicatessen � restaurant. The training lasts for four weeks: two of those weeks will be held in an operating deli and the other two will take place in our Lawrenceville, GA corporate office. We require that two people attend training prior to the store opening. | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. |
Support | The week of your grand opening, you will have at least one corporate trainer in your store in addition to any other member of our team to help you start off on the right foot. The corporate trainer will stay with you for two weeks during your grand opening and will visit you again within the first two months of your deli being open. We will also help you organize and execute your training and hiring process, along with overcoming any obstacles that may arise in the days prior to opening. Gandolfo's corporate will offer you continuous marketing support, emphasizing a neighborhood marketing strategy. We have a Marketing Coordinator in the corporate office who will work hand-in-hand with you to create a marketing plan that is not only something that will work for your deli, but that is also something you feel comfortable with. We want to make sure that every program you implement is something that will be successful for you. Effective marketing is crucial to the profitability and growth of any business; our Marketing Coordinator will help you track your sales and evaluate the success of every promotion. You will also benefit from the on-going training offered by our corporate trainers and the information found from the research and development of current and future products. Gandolfo's operates with an open-door policy, meaning that you have a direct line to any person in the company who may be able to help you in your daily operations. | We will provide pre-opening franchisee training to up to three individuals for up to 28 days at our corporate support center, plus up to ten days of onsite assistance and training around the time of your restaurant's Grand Opening. As a franchise owner, you will have access to all I Dream of Falafel trademarks, recipes and procedures. We'll also present you with a copy of our confidential operations manual to help you run your restaurant properly on a day-to-day basis. |
Marketing | - | - |
Operations | You need a staff of approximately 12 people, including 10 part-time employees and 2 full-time employees | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
A Note from the Owner, Dan Pool: I have been in the restaurant business since I was 14 years old. I have done about every job there is in the industry: from a fast food cook at age 14 to a Division President of a multi-million-dollar company in my 30's. I have worked in the corporate world, the franchise world and all worlds in between. I have always believed that the restaurant business is very, very simple, but it's not easy. I believe the biggest mistake made in the restaurant industry is that people mistake simple with unimportant. Usually in life, the simple things are not that important; in the restaurant business, it is the simple things done consistently, day in and day out that are the key to having a successful business. I was in the process of opening a full service restaurant in Atlanta, GA when I came across an article. Fast-casual restaurants had just passed fast-food chains in the number of units sold, and some were even opening a store every 18 hours. I had not spent much time in the sandwich industry, and I never felt like there was much of a difference between the various chains. Yet, the article caught my attention so I took the next several weeks and flew all over the United States visiting all these concepts, searching for what set them apart from each other. What I found was one might toast a sub, one might only have cold subs-they all had chips and no personality. In my search I came across Gandolfo's New York Delicatessen and New York native Craig Gandolph. I knew I wanted to be a part of Gandolfo's New York Delicatessen after my first bite. I realized what I was looking for was not a sandwich shop like all the rest but a deli. In Gandolfo's, I found a true New York deli with a variety of homemade deli salads, premium meats, freshly baked breads and the best sandwiches I had ever eaten. I loved the sandwiches so much that I bought the company. I tried all the sandwich shops and I bought a New York Deli. Visit our stores, speak to our people, try our food and realize the satisfaction and competitive advantages of owning a Gandolfo's New York Deli. Dan Pool, CEO
A Flavorful Opportunity with the I Dream of Falafel Mediterranean Restaurant Franchise Consumers are not only looking for great taste and affordability but also varied, healthier menu options. The I Dream of Falafel Mediterranean restaurant franchise fulfills their wishes! According to a number of media sources, the popularity of Mediterranean cuisine1 (including hummus, chickpeas, yogurt, olive oil, and other items deemed healthful by consumers), continue to grow year over year, as does revenue from sales of Mediterranean-inspired menu selections That's why I Dream of Falafel is appealing to so many different types of customers: from younger students to older professionals, from families to singles, plus vegetarians and vegans, and more - just about everyone can find something to love. The I Dream of Falafel menu is streamlined, yet amazingly diverse, with a nearly limitless number of possible meal combinations and fresh options for all our guests.