Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Sandwich Tree Restaurants | |
| Investment | 575900 - 939700 | 90000 - 120000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 3% |
| Year Founded | 1998 | 1978 |
| Year Franchised | 2002 | 1979 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Sandwich Tree Restaurants | |
| 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 | Sandwich Tree Restaurants | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Sandwich Tree Restaurants | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | Headquarters 2 Weeks |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Sandwich Tree Restaurants | |
| 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 | |
| Sandwich Tree Restaurants | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Sandwich Tree Restaurants | 5% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Sandwich Tree Restaurants | 3% |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Sandwich Tree Restaurants | 1978 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Sandwich Tree Restaurants | 1979 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | 5 years +5 |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
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. |
| Sandwich Tree Restaurants | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Sandwich Tree Restaurants | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Sandwich Tree Restaurants | Headquarters 2 Weeks |
| 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 |
| Sandwich Tree Restaurants | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Sandwich Tree Restaurants | |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Sandwich Tree Restaurants | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
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 |
| Sandwich Tree Restaurants | |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Sandwich Tree Restaurants | 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 | |
| Sandwich Tree Restaurants | |