10 /10
Lower than 0% of peers
6 /10
Lower than 42% of peers
Native New Yorker is a franchising company that offers franchises for the operation of a causal dining restaurant. The restaurants have an emphasis on variety in food and spirits, a relaxed atmosphere, and a family friendly environment.
Americans love to eat out, but too often they are disappointed with the food and service at their favorite restaurant. We all know that dining out is one of America's favorite pastimes, but there is a lot of room for improvement in this industry. Native New Yorker has the solution by combining American classics with quality ingredients, great service and an affordable price point. Our restaurants offer award-winning burgers made from fresh beef daily along with 100% Angus Steaks cooked on our custom wood burning grill. In addition to these delicious options we also have mouthwatering seafood dishes like grilled salmon or shrimp scampi served alongside our famous creamy lobster macaroni & cheese and crisp salads topped off with homemade dressings. All of which are prepared using only the freshest ingredients available including hand cut fries made from real potatoes and freshly baked breads delivered twice a day from local bakeries!
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Disclosure Documents
We aren't sure how much money you will need to start a
Native New Yorker franchise. However, we can tell you that franchisees
also operating in the Food & Beverage industry typically require
$232,078 to
$632,613 investment to start their franchise
We don’t know exactly how much the franchise fees are for
Native New Yorker, but we can tell you that other franchises in the
Food & Beverage sector typically need to pay between
$33,998 and
$69,187 to the
franchisor
We haven’t done the math on how much revenue a typical
Native New Yorker brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Native New Yorker to generate a similar amount
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
6 /10
The Franchisor's investment costs ranges from
$378,270 to $1,638,554
which is
Much Lower
than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the
Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
Franchises in the Same Industry
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