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New York Fries
1220 Yonge St., # 400
Toronto, ON M4T 1W1 CANADA
800#:
Tel: (416) 963-5005
Fax: (416) 963-4920
E-Mail: [email protected]
Web Site: www.newyorkfries.com
Contact: Mr. Bob Okamoto, Business Development Manager
Exceptional product and simplicity of operations make NEW YORK FRIES an outstanding opportunity. Specializing in fresh-cut fries and hot dogs, our concept is simply. Our standards are high. We start with fresh potatoes, hand-cut on site everyday. We cook them in 100% vegetable oil in our special process. Winner, Canada's Best managed Companies award, requalified winner 2001. Winner of numerous advertising awards. Runner-up, Franchisor of the Year award, Canadian Franchise Association 1994.
Franchisor Background
Established: 1984
First Franchise: 1984
Franchise Units: 160
Company-Owned Units: 15
Total Units: 175
Distribution:
U.S. -- 0;
Canada -- 171;
International -- 4
-North America -- Operations in 9 Provinces
-States/Provinces with Greatest Density: 94 in ON, 27 in BC, 24 in AB
Projected New Units Over Next 12 months: 10-12
Franchisee Qualifications: 4, 5, 4, 3, 1, 5
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Registered in Following Registration States: AB (Click here for an explanation)
Average Number of Employees: 2-3 FT, 5-6 PT (FT = Full Time, PT = Part Time)
Space Needs: 350 SF; RM
(Click here for abbreviations)
Encourage Conversion: NA
Financial Requirements
Cash Investment: $50-75K
Total Investment: $125-175K
Average Total Investment: $150.0K
Minimum Net Worth: $Varies
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5/5
Passive Ownership: Allowed
Area Development Agreements: Overseas
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 16
On-Going Support: B,C,D,E,G,h (Click here for an explanation)
Training: 7-10 Days Toronto, ON; 5-10 Week On-Site.
Franchisor's Specific Expansion Plans
U.S.: No
Canada: All Canada
Overseas: England, Pacific Rim
Note: NR = No Response by Franchisor.
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