NYS Collection
Eyewear and accessories kiosk- 2023 Franchise 500 Rank
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N/R Not ranked last year
- Initial investment
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$81K - $99K
- Units as of 2014
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182
Company Overview
About NYS Collection
Industry | Retail |
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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 (12 years) |
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# of employees at HQ | 35 |
# of Units | 182 (as of 2014) |
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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 |
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Initial Investment
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$80,695 - $99,398 |
Veteran Incentives
|
$5,000 off franchise fee |
Ad Royalty Fee
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$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 |
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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 |
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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
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Marketing Support |
Ad Templates
National Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
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No |
Can this franchise be run part time?
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No |
Are exclusive territories available?
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Yes |
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