The New York Butcher Shoppe
Bottom line
- Total investment $459K – $794K including a $35K franchise fee, 0.0% ongoing royalty.
- Average unit revenue of $1.7M/year (median $1.5M).
- Rated STRONG with a risk score of 42/100. SBA loan default rate of 0.0% across 32 loans (below the industry average).
- System growing at 60.0% CAGR over 3 years with 42 total units — strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one The New York Butcher Shoppe unit return on the cash you put in?
Unlevered ROIC · per unit
57%
In Yale's "attractive" band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 The New York Butcher Shoppe units return on equity?
Equity IRR · 5-yr
27.2%
3.33× MOIC
Year-1 DSCR
3.00×
EBITDA ÷ debt service
Equity required
$12.4M
on $24.9M purchase
Total debt
$12.5M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate full-service butcher shops selling premium cuts of meat, prepared foods, and specialty provisions. Day-to-day operations include inventory management, butchering and cutting meat to order, customer service, food safety compliance, and retail point-of-sale management. Most locations function as both walk-in retail shops and wholesale suppliers to restaurants or catering operations.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
The New York Butcher Shoppe presents moderate-to-high risk due to lack of net income disclosure, unprotected territories, aggressive expansion without financial transparency, and a high capital requirement relative to available performance data.
Score breakdown · what drove the 42 / 100 rating
- 01MINORNo Item 19 financial disclosure — cannot verify if $1.7M average revenue translates to acceptable net profit margins
- 02MINORUnprotected territory creates direct competition risk and cannibalization potential with 42+ units expanding 28% YoY
- 03MEDHigh initial investment ($458,900–$793,900) relative to disclosed revenue provides limited margin for error in ROI projections
- 04MINORRoyalty structure incentivizes high gross revenue but does not align with profitability (4% of revenue, not profit)
- 05MINORRapid unit growth (28% YoY) without financial transparency raises sustainability and support quality concerns
- 06MINOR10-year term is long commitment for a brand with only 42 units and no clear franchisee success metrics published
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
39 numbers
One-time purchase · CSV download · Validation questions included
FDD download
The New York Butcher Shoppe · FDD (2026) PDF