My Friend's Place vs NYC Bagel & Sandwich Shop Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs NYC Bagel & Sandwich Shop including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  My Friend's Place NYC Bagel & Sandwich Shop
Investment 156650 - 260400 119000 - 208000
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 1% $300 - $600
Year Founded 1980 0
Year Franchised 1980 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  My Friend's Place NYC Bagel & Sandwich Shop
Experience

Financing Options
  My Friend's Place NYC Bagel & Sandwich Shop
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  My Friend's Place NYC Bagel & Sandwich Shop
Training 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu
Support Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas.
Marketing NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location.
Operations Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed

Expansion Plans
  My Friend's Place NYC Bagel & Sandwich Shop
US Expansion Alabama, Florida, Georgia, Indiana, South Carolina, Texas Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
My Friend's Place
NYC Bagel & Sandwich Shop
Franchise Fee
My Friend's Place
NYC Bagel & Sandwich Shop
Royalty Fee
My Friend's Place 5%
NYC Bagel & Sandwich Shop 5%
Advertising Fee
My Friend's Place 1%
NYC Bagel & Sandwich Shop $300 - $600
Year Founded
My Friend's Place 1980
NYC Bagel & Sandwich Shop 0
Year Franchised
My Friend's Place 1980
NYC Bagel & Sandwich Shop 0
Term Of Agreement
My Friend's Place
NYC Bagel & Sandwich Shop
Renewal Fee
My Friend's Place
NYC Bagel & Sandwich Shop


Business Experience Requirements
Experience
My Friend's Place
NYC Bagel & Sandwich Shop

Financing Options
 
Franchise Fees
My Friend's Place
NYC Bagel & Sandwich Shop
Start-up Costs
My Friend's Place
NYC Bagel & Sandwich Shop
Equipment
My Friend's Place}
NYC Bagel & Sandwich Shop
Inventory
My Friend's Place
NYC Bagel & Sandwich Shop
Receivables
My Friend's Place
NYC Bagel & Sandwich Shop
Payroll
My Friend's Place
NYC Bagel & Sandwich Shop

Training & Support
Training
My Friend's Place 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
NYC Bagel & Sandwich Shop Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu
Support
My Friend's Place Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
NYC Bagel & Sandwich Shop NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas.
Marketing
My Friend's Place
NYC Bagel & Sandwich Shop NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location.
Operations
My Friend's Place Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed
NYC Bagel & Sandwich Shop

Expansion Plans
US Expansion
My Friend's Place Alabama, Florida, Georgia, Indiana, South Carolina, Texas
NYC Bagel & Sandwich Shop Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
My Friend's Place
NYC Bagel & Sandwich Shop
International Expansion
My Friend's Place
NYC Bagel & Sandwich Shop