Wall Street Deli Franchise
Sunday, January 31, 2010 at 02:13AM Sandwiches, wraps, soups, salads & gourmet coffee
Wall Street Deli serves the finest quality foods and specializes in freshly prepared gourmet sandwiches, soups and salads. With a presence in most major cities around the United States, we are the recognized expert for all of your corporate catering needs.
Start-up Costs & Franchises Fees
What is the total cost to open a Wall Street Deli Franchises?
Total Cost: $225,000 USD -$475,000 USD
Total Franchise Fees: $30,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $5K
Contact Information for Wall Street Deli
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Wall Street Deli |
Phone Number: (516)918-3300 |
Historical Expansion
In what year did Wall Street Deli begin operations? 1992
When did Wall Street Deli begin selling franchises? 1992
Year United States Canada International Corporate 2004 34 0 0 6 2003 33 0 0 13 2002 33 0 0 11 2001 22 0 0 37 2000 19 0 0 97
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
Training
Available at franchisee's location
Support
Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, Regional advertising support
Franchise Operation Restrictions
50% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 8 - 12
Absentee ownership of franchise is allowed. (75% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
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