- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$438K - $776K
- Units as of 2023
-
27 107.7% over 3 years
The New York Butcher Shoppe is a family-market franchise that combines modern style with a neighborhood meat shop's familiar, age-old traditions. The New York Butcher Shoppe sells hand-cut steaks using premium Angus beef, as well as a menu of entrees, side dishes, salads, and dips that are guaranteed to be fresh. Additionally, The New York Butcher Shoppe offers a variety of other items, such as fresh sausages, fresh vegetables, frozen pasta, wine, cheese, and hard-to-find grocery items.
What was once a single shop established in 1999 in South Carolina has now become a chain of locations across the U.S. The New York Butcher Shoppe prides itself on its high-quality product selections and reputation for excellent customer service, driven by the goal of being "a cut above the rest."
Why You May Want To Start a The New York Butcher Shoppe Franchise
The New York Butcher Shoppe is looking for franchisees who show a passion for the brand and know the value of a branded concept backed by a proven business model. While it prefers those with restaurant, retail, military, or operations backgrounds, The New York Butcher Shoppe doesn't require potential franchisees to have experience in these fields.
As to growth in the industry, human nature tells us that opportunity is always present, given that people tend to eat meat often. With the meat market currently valued in the billions of dollars, there's a good chance that opening a The New York Butcher Shoppe may allow for success.
What Might Make a The New York Butcher Shoppe Franchise a Good Choice?
Apart from the usual real estate and in-store support, The New York Butcher Shoppe may offer brand-specific features, such as high-quality and in-demand products, lower startup costs than some competing franchises, a small store footprint, and more.
To be part of the New York Butcher Shoppe team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a The New York Butcher Shoppe Franchise
The New York Butcher Shoppe has a straightforward approach in accepting franchise applicants. They will first ask for basic information, including your name, address, contact number, and more. They will also request several documents as proof of your financial preparedness. In the same way, you can ask your questions as you learn more about the brand and its operations.
The goal of the franchising process is for each side to get to know each other and determine whether a partnership is viable. If so, you will be asked to meet the executive team at The New York Butcher Shoppe’s Greenville, South Carolina headquarters before signing your franchise agreement. Then it's time to buckle down to work with The New York Butcher Shoppe franchise development team to launch your location.
Company Overview
About New York Butcher Shoppe
Industry | Food |
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Related Categories | Miscellaneous Food/Beverage Businesses, Miscellaneous Retail Businesses, Meal Prep/Delivery |
Founded | 1999 |
Parent Company | Butcher Shoppes Int'l. LLC |
Leadership | Joseph Giordano, VP Corporate & Franchise Development |
Corporate Address |
2222 Augusta St. Greenville, SC 29605 |
Social | Facebook, LinkedIn, Instagram |
Business Overview
Franchising Since | 2003 (21 years) |
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# of employees at HQ | 12 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 27 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a New York Butcher Shoppe 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
|
$35,000 - $40,000 |
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Initial Investment
|
$438,000 - $776,000 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$50,000 |
Royalty Fee
|
to 4% |
Ad Royalty Fee
|
1.5% |
Term of Agreement
|
10 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 | New York Butcher Shoppe has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 160 hours |
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Classroom Training | 20 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
Website Development
Email Marketing
Loyalty Program/App
|
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 | 3-5 |
Are exclusive territories available?
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Yes |
Additional Rankings
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