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The New York Butcher Shoppe

Full-service butcher shop, prepared meals, grocery store

Background

Founded: 1999 Franchising since: 2003
2131 Woodruff Rd., #2100-128
Greenville, South carolina 29607
Phone:
(864)710-9204


Franchisor is a privately-held company with 2 employee(s); 2 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 10 0 0 0
2008 5 0 0 1
2007 4 0 0 1
2006 3 0 0 1
2005 3 0 0 1

Where Seeking Franchisees
In the U.S. Southeast, United states

Exclusive territories available.
Territory size: By ZIP code/population

Costs and Fees

Total investment: $193.5K-368.3K
Franchise fee: $20K
Ongoing royalty fee: 6-4%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $350K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience

Operations
  • 20% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2 - 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3-4 weeks
  • At franchisee's location: 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks

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