Find out what franchise is right for you
Units as of 2014
10 (9 lost in 3 years)
90%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$157K - $260K

Company Overview

David and Rosalind Katz wanted to start a shoe store, but didn't have the funds to purchase inventory let alone start an entire business. Instead of giving up, the Katzes moved to plan B, opening a sandwich shop in the Atlanta suburb of Sandy Springs in 1980.

My Friend's Place locations specialize in freshly prepared tuna, chicken and egg salad sandwiches. Each shop also offers other sandwich choice, soups, salads and desserts.

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About My Friend's Place

Industry
Food
Founded
1980
Leadership
David Katz, CEO

Franchising Overview

Franchising Since
1990 (31 years)
# of employees at HQ
5
# of Units
10 (as of 2014)

Franchisor Information

Corporate Address
P.O. Box 681896
Marietta, GA 30068

Information for Franchisees

Here’s what you need to know if you’re interested in opening a My Friend's Place 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
$20,000
Initial Investment
$156,650 - $260,400
Net Worth Requirement
$200,000
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
15 years
Is franchise term renewable?
Yes

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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 weeks
Classroom Training
2 weeks
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
5
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where My Friend's Place landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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