Mr. Hero vs New York NY Fresh Deli Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs New York NY Fresh Deli including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mr. Hero New York NY Fresh Deli
Investment 113000 - 305000 86000 - 150000
Franchise Fee 0 0
Royalty Fee 5.50% 6%
Advertising Fee
Year Founded 1965 2001
Year Franchised 1970 2002
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero New York NY Fresh Deli
Experience Industry experience General business experience Marketing skills General business experience

Financing Options

  Mr. Hero New York NY Fresh Deli
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Mr. Hero New York NY Fresh Deli
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op advertising, Ad slicks
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans

  Mr. Hero New York NY Fresh Deli
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, 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, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mr. Hero
New York NY Fresh Deli
Franchise Fee
Mr. Hero
New York NY Fresh Deli
Royalty Fee
Mr. Hero 5.50%
New York NY Fresh Deli 6%
Advertising Fee
Mr. Hero
New York NY Fresh Deli
Year Founded
Mr. Hero 1965
New York NY Fresh Deli 2001
Year Franchised
Mr. Hero 1970
New York NY Fresh Deli 2002
Term Of Agreement
Mr. Hero 10 years
New York NY Fresh Deli 10 years
Renewal Fee
Mr. Hero
New York NY Fresh Deli


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
New York NY Fresh Deli General business experience

Financing Options

 
Franchise Fees
Mr. Hero No
New York NY Fresh Deli No
Start-up Costs
Mr. Hero
New York NY Fresh Deli
Equipment
Mr. Hero}
New York NY Fresh Deli
Inventory
Mr. Hero
New York NY Fresh Deli
Receivables
Mr. Hero
New York NY Fresh Deli
Payroll
Mr. Hero
New York NY Fresh Deli

Training & Support

Training
Mr. Hero
New York NY Fresh Deli
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
New York NY Fresh Deli Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
New York NY Fresh Deli Co-op advertising, Ad slicks
Operations
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
New York NY Fresh Deli Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Mr. Hero
New York NY Fresh Deli Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, 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, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Canada Expansion
Mr. Hero
New York NY Fresh Deli
International Expansion
Mr. Hero
New York NY Fresh Deli