Mr. Hero vs Wall Street Deli Franchise Comparison

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

Start-Up Costs and Fees
  Mr. Hero Wall Street Deli
Investment 113000 - 305000 190500 - 457000
Franchise Fee 0 0
Royalty Fee 5.50% 5%
Advertising Fee
Year Founded 1965 1992
Year Franchised 1970 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Hero Wall Street Deli
Experience Industry experience General business experience Marketing skills General business experience

Financing Options
  Mr. Hero Wall Street 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 Wall Street Deli
Training Available at franchisee's location
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Ad slicks, 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) 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans
  Mr. Hero Wall Street Deli
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Mr. Hero
Wall Street Deli
Franchise Fee
Mr. Hero
Wall Street Deli
Royalty Fee
Mr. Hero 5.50%
Wall Street Deli 5%
Advertising Fee
Mr. Hero
Wall Street Deli
Year Founded
Mr. Hero 1965
Wall Street Deli 1992
Year Franchised
Mr. Hero 1970
Wall Street Deli 1992
Term Of Agreement
Mr. Hero 10 years
Wall Street Deli 10 years
Renewal Fee
Mr. Hero
Wall Street Deli $5K


Business Experience Requirements
Experience
Mr. Hero Industry experience General business experience Marketing skills
Wall Street Deli General business experience

Financing Options
 
Franchise Fees
Mr. Hero No
Wall Street Deli No
Start-up Costs
Mr. Hero
Wall Street Deli
Equipment
Mr. Hero}
Wall Street Deli
Inventory
Mr. Hero
Wall Street Deli
Receivables
Mr. Hero
Wall Street Deli
Payroll
Mr. Hero
Wall Street Deli

Training & Support
Training
Mr. Hero
Wall Street Deli Available at franchisee's location
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Wall Street Deli Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Wall Street Deli Ad slicks, Regional advertising
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)
Wall Street Deli 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 12 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Mr. Hero
Wall Street Deli
Canada Expansion
Mr. Hero
Wall Street Deli
International Expansion
Mr. Hero
Wall Street Deli