Start-Up Costs and Fees |
||
| D'Angelo Grilled Sandwiches | Cheba Hut Toasted Subs | |
| Investment | 391000 - 556000 | 575900 - 939700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1967 | 1998 |
| Year Franchised | 1988 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| D'Angelo Grilled Sandwiches | Cheba Hut Toasted Subs | |
| Experience | General business 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 |
||
| D'Angelo Grilled Sandwiches | Cheba Hut Toasted Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| D'Angelo Grilled Sandwiches | Cheba Hut Toasted Subs | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Social media SEO Website development |
| Operations | Franchisees required to buy multiple units/master licenses; 77% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (77% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
| D'Angelo Grilled Sandwiches | Cheba Hut Toasted Subs | |
| US Expansion | Connecticut, Florida, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont | 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 | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| D'Angelo Grilled Sandwiches | 6% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| D'Angelo Grilled Sandwiches | 1967 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| D'Angelo Grilled Sandwiches | 1988 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| D'Angelo Grilled Sandwiches | 20 years |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| D'Angelo Grilled Sandwiches | $10K |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| D'Angelo Grilled Sandwiches | General business 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. |
Financing Options |
|
| Franchise Fees | |
| D'Angelo Grilled Sandwiches | No |
| Cheba Hut Toasted Subs | No |
| Start-up Costs | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| D'Angelo Grilled Sandwiches} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| D'Angelo Grilled Sandwiches | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Cheba Hut Toasted Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| D'Angelo Grilled Sandwiches | Co-op advertising, Ad slicks, Regional advertising |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| D'Angelo Grilled Sandwiches | Franchisees required to buy multiple units/master licenses; 77% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (77% of current franchisees are owner/operators) |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| D'Angelo Grilled Sandwiches | Connecticut, Florida, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont |
| 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 |
| Canada Expansion | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| D'Angelo Grilled Sandwiches | |
| Cheba Hut Toasted Subs | |