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

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

Start-Up Costs and Fees

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


Business Experience Requirements

  NYC Bagel & Sandwich Shop My Friend's Place
Experience

Financing Options

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

Training & Support

  NYC Bagel & Sandwich Shop My Friend's Place
Training Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
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. Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
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

  NYC Bagel & Sandwich Shop My Friend's Place
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 Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

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


Business Experience Requirements

Experience
NYC Bagel & Sandwich Shop
My Friend's Place

Financing Options

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

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
My Friend's Place 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
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.
My Friend's Place Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
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.
My Friend's Place
Operations
NYC Bagel & Sandwich Shop
My Friend's Place Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed

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
My Friend's Place Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Canada Expansion
NYC Bagel & Sandwich Shop
My Friend's Place
International Expansion
NYC Bagel & Sandwich Shop
My Friend's Place