Start-Up Costs and Fees |
||
| The Steak Escape | NYC Bagel & Sandwich Shop | |
| Investment | 190200 - 1300000 | 119000 - 208000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | $300 - $600 | |
| Year Founded | 1982 | 0 |
| Year Franchised | 1983 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | NYC Bagel & Sandwich Shop | |
| Experience | General business experience | |
Financing Options |
||
| The Steak Escape | NYC Bagel & Sandwich Shop | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| The Steak Escape | NYC Bagel & Sandwich Shop | |
| Training | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | 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. |
| 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 | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Steak Escape | NYC Bagel & Sandwich Shop | |
| 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 | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| Franchise Fee | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| Royalty Fee | |
| The Steak Escape | 6% |
| NYC Bagel & Sandwich Shop | 5% |
| Advertising Fee | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | $300 - $600 |
| Year Founded | |
| The Steak Escape | 1982 |
| NYC Bagel & Sandwich Shop | 0 |
| Year Franchised | |
| The Steak Escape | 1983 |
| NYC Bagel & Sandwich Shop | 0 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| NYC Bagel & Sandwich Shop | |
| Renewal Fee | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| NYC Bagel & Sandwich Shop | |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| NYC Bagel & Sandwich Shop | No |
| Start-up Costs | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| Equipment | |
| The Steak Escape} | |
| NYC Bagel & Sandwich Shop | |
| Inventory | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| Receivables | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| Payroll | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| 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 |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| 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. |
| Marketing | |
| The Steak Escape | |
| 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. |
| Operations | |
| The Steak Escape | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| NYC Bagel & Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| The Steak Escape | |
| 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 |
| Canada Expansion | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |
| International Expansion | |
| The Steak Escape | |
| NYC Bagel & Sandwich Shop | |