New York Fries Franchise FDD, Profits & Costs (2025)
New York Fries is a Canadian fast-service franchise recognized for its hand-cut fries, signature poutines, and 100% all-beef hot dogs. The concept was created in 1984 by brothers Jay and Hal Gould, with the very first Canadian outlet opening that same year at Scarborough Town Centre in Ontario.
While the idea took inspiration from a fry stand in New York City, the brand has always maintained its Canadian identity. Today, it is based in Vaughan, Ontario, and has been part of Recipe Unlimited Corporation since 2015.
Franchising opportunities were introduced in 2021, expanding the brand’s reach beyond its original locations. The menu highlights fresh fries prepared in non-hydrogenated sunflower oil, paired with inventive poutine options such as butter chicken and pulled pork, alongside its classic hot dog offering.
Initial Investment
How much does it cost to start a New York Fries franchise? It costs on average between $450,000 – $1,233,000 to start a New York Fries franchised restaurant.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the type of restaurant you choose, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $30,000 |
| Rent (1 Month) | $5,000 – $25,000 |
| Security Deposit (2 Months’ Rent) | $10,000 – $50,000 |
| Leasehold Improvements, Furniture and Fixtures | $202,750 – $792,100 |
| Signage | $25,000 – $30,000 |
| Equipment and Smallwares | $103,250 – $162,000 |
| Initial Training Expenses | $5,000 – $10,000 |
| Pre-Opening Payroll Costs | $2,500 – $5,000 |
| Permits and Licenses | $1,000 – $18,500 |
| Digital System | $19,500 – $27,800 |
| Initial Inventory/Supplies | $3,000 – $5,000 |
| Professional Services | $5,000 – $10,000 |
| Grand Opening Marketing Expenses | $5,000 – $8,000 |
| Insurance | $8,000 – $30,000 |
| Additional Funds – For Initial 3-Month Period | $25,000 – $30,000 |
| Total | $450,000 – $1,233,400 |
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Frequently Asked Questions
How many New York Fries locations are there?
As of the latest available data, New York Fries operates 3 locations in the United State.
What is the total investment required to open a New York Fries franchise?
The total investment required to open a New York Fries franchise ranges from $450,000 to $1,233,000.
What are the ongoing fees for a New York Fries franchise?
Franchisees of New York Fries are required to pay an ongoing royalty fee of 6% of gross sales. In addition, they must contribute to the system’s advertising fund, with a marketing fee typically set between 2.5% and 3% of gross sales.
What are the financial requirements to become a New York Fries franchisee?
Prospective New York Fries franchisees must demonstrate a minimum net worth of $300,000, with at least $100,000 in liquid capital available to qualify.
Who owns New York Fries?
New York Fries franchise is owned by Recipe Unlimited Corporation, a Canadian company that operates and franchises a wide portfolio of restaurant brands across North America and internationally.
Disclaimer
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