Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Joey Bag a Donuts | |
| Investment | 575900 - 939700 | 207700 - 587800 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1998 | 2009 |
| Year Franchised | 2002 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Joey Bag a Donuts | |
| 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 | Joey Bag a Donuts | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Joey Bag a Donuts | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | On-The-Job Training: up to 5 days Classroom Training: up to 10 days |
| 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 Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Ad Templates Social media SEO Website development | Co-op Advertising Ad Templates |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Joey Bag a Donuts | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Joey Bag a Donuts | 5% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Joey Bag a Donuts | 1% |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Joey Bag a Donuts | 2009 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Joey Bag a Donuts | 2012 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
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. |
| Joey Bag a Donuts | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Joey Bag a Donuts | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Joey Bag a Donuts | On-The-Job Training: up to 5 days Classroom Training: up to 10 days |
| 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 |
| Joey Bag a Donuts | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Joey Bag a Donuts | Co-op Advertising Ad Templates |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Joey Bag a Donuts | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
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 |
| Joey Bag a Donuts | |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Joey Bag a Donuts | |