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New York Burrito Gourmet Wraps

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New York Burrito Gourmet Wraps
300 International Pkwy., # 100
Heathrow, FL 32746
800#: (800) 711-4036
Tel: (480) 503-3363
Fax: (480) 503-1850
E-Mail:
Web Site: www.newyorkburrito.com
Contact: Ms. Beth Mendez, Marketing


Casual/up-scale, quick-serve restaurants serving multi-cultural gourmet wraps (burritos). Some restaurants feature breakfast, fruit smoothies, and/or beer and wine. Menu items prepared daily with the highest-quality and variety meats and veggies. Giant tortillas offered in a variety of flavors: tomato basil, whole wheat, spinach, jalapeno and white flour. Low start-up cost and ease of operation. Join the hottest new food trend of the 90s with the leader of the pack.




Franchisor Background


Established: 1995
First Franchise: 1996
Franchise Units: 75
Company-Owned Units: 1
Total Units: 76

Distribution:
U.S. -- 79; Canada -- 0; International -- 0
�North America -- Operations in 27 States
�States/Provinces with Greatest Density: 8 in CA, 8 in CO, 5 in UT

Projected New Units Over Next 12 months:15
Franchisee Qualifications:4, 4, 2, 3, 3, 4
(Click here for an explanation)

Registered in Following Registration States: CA,FL,IN,MI,MN,NY,OR,SD,WI
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: 1,500-2,500 SF; FS, SC, RM (Click here for abbreviations)
Encourage Conversion: N/A


Financial Requirements

Cash Investment: $25-35K
Total Investment: $75-135K
Average Total Investment: $100.0K
Minimum Net Worth: $Varies

Fees
�Franchise: $15K;
�Average Franchise Fee: $15.0K
�Royalty: 7%
�Average Royalty: 7.0%
�Advertising: 4%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): Perpetual
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 9+
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 5 Days at Headquarters/Training Center; 5 Days at Franchise Store.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Except AB
Overseas: No

Note: NR = No Response by Franchisor.
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