- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$81K - $99K
- Unit data is unavailable
-
N/A
Company Overview
About NYS Collection
| Industry | Retail |
|---|---|
| Related Categories | Apparel & Accessories |
| Founded | 1996 |
| Leadership | Salvatore Babbino, CEO |
| Corporate Address |
230 Liberty St. Metuchen, NJ 08840 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2011 (14 years) |
|---|---|
| # of employees at HQ | 35 |
|
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Information for Franchisees
Here's what you need to know if you're interested in opening a NYS Collection franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$15,000 |
|---|---|
|
Initial Investment
|
$80,695 - $99,398 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Ad Royalty Fee
|
$1.3K/yr. |
|
Term of Agreement
|
5 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | NYS Collection has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 2-3 days |
|---|---|
| Classroom Training | 2-3 days |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
| Marketing Support |
Ad Templates
National Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
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No |
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Can this franchise be run part time?
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No |
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Are exclusive territories available?
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Yes |
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