Start-Up Costs and Fees |
||
| New York Burrito-Gourmet Wraps | Barberitos | |
| Investment | 85000 - 150000 | 119800 - 554025 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 2% local | |
| Year Founded | 1995 | 2000 |
| Year Franchised | 1996 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New York Burrito-Gourmet Wraps | Barberitos | |
| Experience | General business experience Marketing skills | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
Financing Options |
||
| New York Burrito-Gourmet Wraps | Barberitos | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| New York Burrito-Gourmet Wraps | Barberitos | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| 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) | |
Expansion Plans |
||
| New York Burrito-Gourmet Wraps | Barberitos | |
| 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, | |
| Canada Expansion | ||
| 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 | |
| Barberitos | |
| Franchise Fee | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| Royalty Fee | |
| New York Burrito-Gourmet Wraps | 7% |
| Barberitos | 5% |
| Advertising Fee | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | 2% local |
| Year Founded | |
| New York Burrito-Gourmet Wraps | 1995 |
| Barberitos | 2000 |
| Year Franchised | |
| New York Burrito-Gourmet Wraps | 1996 |
| Barberitos | 2000 |
| Term Of Agreement | |
| New York Burrito-Gourmet Wraps | 10 years |
| Barberitos | 10 years |
| Renewal Fee | |
| New York Burrito-Gourmet Wraps | $1K |
| Barberitos | |
Business Experience Requirements |
|
| Experience | |
| New York Burrito-Gourmet Wraps | General business experience Marketing skills |
| Barberitos | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
Financing Options |
|
| Franchise Fees | |
| New York Burrito-Gourmet Wraps | No |
| Barberitos | No |
| Start-up Costs | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| Equipment | |
| New York Burrito-Gourmet Wraps} | |
| Barberitos | |
| Inventory | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| Receivables | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| Payroll | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
Training & Support |
|
| Training | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| Support | |
| New York Burrito-Gourmet Wraps | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Barberitos | |
| Marketing | |
| New York Burrito-Gourmet Wraps | Co-op advertising, Ad slicks, Regional advertising |
| Barberitos | |
| 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) |
| Barberitos | |
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, |
| Barberitos | |
| Canada Expansion | |
| New York Burrito-Gourmet Wraps | |
| Barberitos | |
| International Expansion | |
| New York Burrito-Gourmet Wraps | Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe, |
| Barberitos | |