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Home >> Fast Food Restaurants >> Health Fast Food
| My Friend's Place 904 Bombay Ln. Roswell, GA 30076 |
Submit an online form to receive information from My Friend's Place.
|
Business Description
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'
Franchisor Background
Year Established: 1980
Franchising Since: 1990
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States:
Financial Requirements
Average Number of Employees: 2 Full-time, 2 Part-time
Space Needs (in square footage): 1,400
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'
Franchisor Background
Year Established: 1980
Franchising Since: 1990
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 16 | 88.9% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 2 | 11.1% | |||||||||||||||||||||||||||||
Total Operating Units: | 18 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Georgia | 13 |
Registered in Following Registration States:
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $200K |
| Cash Investment: | $95-175K |
| Total Investment: | $95-175K |
| Average Total Investment: | $135K |
| Fees: | |
| Initial Franchise Fee: | $17.5K |
| Average Franchise Fee: | $18K |
| On-Going Royalty: | Flat |
| Average Royalty: | -1% |
| Advertising Fee: | Flat |
Space Needs (in square footage): 1,400
Preferred Sites: Free-standing Building, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 2 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 15 Year(s) | ||||||||
| Term of Renewal Period: | 10 Year(s) | ||||||||
| Passive Ownership: | Not Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 4 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | At Additional Cost | ||||||||
| Franchisee Newsletter: | Not Applicable | ||||||||
| Regional or National Meetings: | Not Applicable | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. Headquarters | 12 Business Days | ||||||||
| 2. Franchisee Site | 12 Business Days | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from My Friend's Place.
|
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