My Friend's Place
Sandwiches, salads, desserts, catering

About
Founded

1980

Franchising Since

1990 (29 Years)

Corporate Address

P.O. Box 681896
Marietta, GA 30068

CEO

David Katz

Financial Requirements
Initial Investment

$156,650 - $260,400

Net-worth Requirement

$200,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $20,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Support Options
Ongoing Support

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

On-The-Job Training:

2 weeks

Classroom Training:

2 weeks

Number of Employees Required to Run:

5

Bio
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.

Cost
Initial Investment: Low - $156,650 High - $260,400
Units

Units (Locations)

Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Points To Consider Before Purchasing A Franchise In 2019

Franchising has its own challenges that need to be dealt with in order to grow big as a franchising brand

The Top 10 Best Franchises to Open in 2019

Here's everything you need to know about the top franchises to open from the 'Entrepreneur' Franchise 500.

Never Buy a Franchise Without Researching These 5 Sources

Once you've narrowed your franchise choices to a few – or a few dozen – it's time to investigate these informational options.

Franchise 500: Our Definitive Ranking of 2019's Strongest Franchises

What trends are tops? What brands have proved most lasting? What franchise may be the right opportunity for you? Explore, absorb, and learn from our annual list.

#1 on the Franchise 500: How McDonald's Evolved With Its Customer

The #1 company on our annual Franchise 500 list is a master class in staying power.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: May 28th, 2014
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.