My Friend's Place Franchise
Restaurant
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!'
Start-up Costs & Franchises Fees
What is the total cost to open a My Friend's Place Franchises?
Total Cost: $95,000 USD -$175,000 USD
Total Franchise Fees: $17,500
Ongoing Royalty Fees: Flat
Ongoing Advertising Fees: Flat
Contact Information for My Friend's Place
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My Friend's Place |
Phone Number: (800) 882-9436 |
Historical Expansion
In what year did My Friend's Place begin operations? 1980
When did My Friend's Place begin selling franchises? 1980
Year United States Canada International Corporate 2008 16 0 0 2
Future Expansion
United States: Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Training & Support
Training
1. Headquarters 12 Business Days
2. Franchisee Site 12 Business Days
Support
Field Operation Evaluation
Field Training: At Additional Cost
Initial Store Opening
Inventory Control: At Additional Cost
Franchise Operation Restrictions
Average Number of Employees: 2 Full-time, 2 Part-timePassive Ownership: Not Allowed
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes