955 E. Javelina Ave., # 106
Mesa, AZ 85204
800#: (800) 711-4036
Tel: (480) 503-3363
Fax: (480) 503-1850
E-Mail: [email protected]
Web Site: www.newyorkburrito.com
Contact: Ms. Sharon Snyder,
1 POTATO 2 is a unique, quick-serve restaurant concept, specializing in fresh, made-to-order baked potato entrees and other menu items with potato as the primary ingredient. Perfect for today's consumer who craves variety and is looking for healthy alternatives. Franchises available in regional shopping centers, downtown centers and strip malls.
Franchisor Background
| Established: |
1978; |
First Franchise: |
1984 |
| Franchise Units: |
29 |
| Company-Owned Units: |
2 |
| Total Units: |
29 |
Distribution:
U.S. -- 40;
Canada -- 0;
International -- 0
> North America -- Operations in 14 States
> States/Provinces with Greatest Density: 13 in MN, 8 in WI, 6 in CA
|
| Projected New Units Over Next 12 months: NR |
| Franchisee Qualifications: 5, 4, 4, 3, 3, 4
(for an explanation
click here) |
| Registered in Following Registration States: CA,IL,IN,MN,WI |
| Average Number of Employees: 2-3 FT, 6-8 PT (FT = Full Time, PT = Part Time) |
| Space Needs: 450-700 SF; RM
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$60-70K |
|
| Total Investment: |
$90-180K; |
|
Average Total Investment: |
$135K |
|
| Minimum Net Worth: |
$250K |
|
| Fees: |
Franchise: |
$20K; |
Average Franchise Fee: |
$20K |
|
Royalty: |
4.5% |
|
Advertising: |
1.75% |
| Provide Earning Claim Statement: Yes
|
Terms of Contract
| Term of Contract (Years): |
8-10/8-10 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
Yes/Varies |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
Yes |
| Lease Negotiation Assistance: |
Yes |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes/Yes |
| Size Of Corporate Staff: |
9 |
| On-Going Support: |
a,B,C,D,E,F,G,H,I
(for an explanation click
here) |
| Training: |
2 Weeks Minneapolis, MN. |
Franchisor's Specific Expansion Plans
| U.S.: |
Midwest and West |
| Canada: |
All Canada |
| Overseas: |
No |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.