Start-Up Costs and Fees |
||
| NYC Bagel & Sandwich Shop | Mr. Hero | |
| Investment | 119000 - 208000 | 113000 - 305000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | $300 - $600 | |
| Year Founded | 0 | 1965 |
| Year Franchised | 0 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NYC Bagel & Sandwich Shop | Mr. Hero | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| NYC Bagel & Sandwich Shop | Mr. Hero | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NYC Bagel & Sandwich Shop | Mr. Hero | |
| Training | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu | |
| Support | 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. | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| 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. | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) | |
Expansion Plans |
||
| NYC Bagel & Sandwich Shop | Mr. Hero | |
| US Expansion | 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 | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Franchise Fee | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Royalty Fee | |
| NYC Bagel & Sandwich Shop | 5% |
| Mr. Hero | 5.50% |
| Advertising Fee | |
| NYC Bagel & Sandwich Shop | $300 - $600 |
| Mr. Hero | |
| Year Founded | |
| NYC Bagel & Sandwich Shop | 0 |
| Mr. Hero | 1965 |
| Year Franchised | |
| NYC Bagel & Sandwich Shop | 0 |
| Mr. Hero | 1970 |
| Term Of Agreement | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | 10 years |
| Renewal Fee | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
Business Experience Requirements |
|
| Experience | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Start-up Costs | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Equipment | |
| NYC Bagel & Sandwich Shop} | |
| Mr. Hero | |
| Inventory | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Receivables | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| Payroll | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
Training & Support |
|
| Training | |
| 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 |
| Mr. Hero | |
| Support | |
| 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. |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| 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. |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| NYC Bagel & Sandwich Shop | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Mr. Hero | |
| Canada Expansion | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |
| International Expansion | |
| NYC Bagel & Sandwich Shop | |
| Mr. Hero | |