New York Burrito-Gourmet Wraps vs Diamond Dave's Mexican Restaurants Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Diamond Dave's Mexican Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  New York Burrito-Gourmet Wraps Diamond Dave's Mexican Restaurants
Investment 85000 - 150000 189000 - 325000
Franchise Fee 0
Royalty Fee 7% 4%
Advertising Fee
Year Founded 1995 1979
Year Franchised 1996 1980
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  New York Burrito-Gourmet Wraps Diamond Dave's Mexican Restaurants
Experience General business experience Marketing skills General business experience

Financing Options
  New York Burrito-Gourmet Wraps Diamond Dave's Mexican Restaurants
 
Franchise Fees No Yes
Start-up Costs No Yes
Equipment No Yes
Inventory No Yes
Receivables No Yes
Payroll No Yes

Training & Support
  New York Burrito-Gourmet Wraps Diamond Dave's Mexican Restaurants
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, Regional advertising Ad slicks
Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  New York Burrito-Gourmet Wraps Diamond Dave's Mexican Restaurants
US Expansion 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, Mid West,
Canada Expansion 0
International Expansion Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,

Start-Up Costs and Fees Mobile
Investment
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Franchise Fee
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Royalty Fee
New York Burrito-Gourmet Wraps 7%
Diamond Dave's Mexican Restaurants 4%
Advertising Fee
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Year Founded
New York Burrito-Gourmet Wraps 1995
Diamond Dave's Mexican Restaurants 1979
Year Franchised
New York Burrito-Gourmet Wraps 1996
Diamond Dave's Mexican Restaurants 1980
Term Of Agreement
New York Burrito-Gourmet Wraps 10 years
Diamond Dave's Mexican Restaurants 10 years+
Renewal Fee
New York Burrito-Gourmet Wraps $1K
Diamond Dave's Mexican Restaurants


Business Experience Requirements
Experience
New York Burrito-Gourmet Wraps General business experience Marketing skills
Diamond Dave's Mexican Restaurants General business experience

Financing Options
 
Franchise Fees
New York Burrito-Gourmet Wraps No
Diamond Dave's Mexican Restaurants No
Start-up Costs
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Equipment
New York Burrito-Gourmet Wraps}
Diamond Dave's Mexican Restaurants
Inventory
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Receivables
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Payroll
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants

Training & Support
Training
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants
Support
New York Burrito-Gourmet Wraps Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Diamond Dave's Mexican Restaurants Newsletter, Meetings, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
New York Burrito-Gourmet Wraps Co-op advertising, Ad slicks, Regional advertising
Diamond Dave's Mexican Restaurants Ad slicks
Operations
New York Burrito-Gourmet Wraps International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)
Diamond Dave's Mexican Restaurants 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
US Expansion
New York Burrito-Gourmet Wraps 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,
Diamond Dave's Mexican Restaurants Mid West,
Canada Expansion
New York Burrito-Gourmet Wraps
Diamond Dave's Mexican Restaurants 0
International Expansion
New York Burrito-Gourmet Wraps Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,
Diamond Dave's Mexican Restaurants