Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Captain Tony's | |
| Investment | 575900 - 939700 | 197550 - 389800 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 4.5% w/cap |
| Advertising Fee | 2% | 2% |
| Year Founded | 1998 | 1972 |
| Year Franchised | 2002 | 1985 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Captain Tony's | |
| Experience | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. | |
Financing Options |
||
| Cheba Hut Toasted Subs | Captain Tony's | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cheba Hut Toasted Subs | Captain Tony's | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | On-The-Job Training: up to 168 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development | Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Captain Tony's | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Captain Tony's | 4.5% w/cap |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Captain Tony's | 2% |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Captain Tony's | 1972 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Captain Tony's | 1985 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | 20 years |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
Business Experience Requirements |
|
| Experience | |
| Cheba Hut Toasted Subs | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. |
| Captain Tony's | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Captain Tony's | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Captain Tony's | On-The-Job Training: up to 168 hours |
| Support | |
| Cheba Hut Toasted Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Captain Tony's | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Captain Tony's | Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Captain Tony's | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators |
Expansion Plans |
|
| US Expansion | |
| Cheba Hut Toasted Subs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Captain Tony's | |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Captain Tony's | |