New York Burrito-Gourmet Wraps Franchise
Tuesday, April 27, 2010 at 09:59PM Quick-service gourmet wraps/smoothies
Start-up Costs & Franchises Fees
What is the total cost to open a New York Burrito-Gourmet Wraps Franchises?
Total Cost: $85,000 USD -$150,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 7%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1K
Contact Information for New York Burrito-Gourmet Wraps
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New York Burrito-Gourmet Wraps |
Phone Number: (407)333-8998 |
New York Burrito-Gourmet Wraps In the Press
No results at this time.Historical Expansion
In what year did New York Burrito-Gourmet Wraps begin operations? 1995
When did New York Burrito-Gourmet Wraps begin selling franchises? 1996
Year United States Canada International Corporate 2003 55 0 0 0 2002 0 0 0 0 2001 0 0 0 0 2000 75 0 0 2 1999 41 0 0 2
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks, Regional advertising support
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses; 10% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 6 - 15
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience
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