Start-Up Costs and Fees |
||
| Jimmy John's Gourmet Sandwich Shops | Cheba Hut Toasted Subs | |
| Investment | 313600 - 556100 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4.50% | 2% |
| Year Founded | 1983 | 1998 |
| Year Franchised | 1993 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jimmy John's Gourmet Sandwich Shops | 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 |
||
| Jimmy John's Gourmet Sandwich Shops | Cheba Hut Toasted Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Jimmy John's Gourmet Sandwich Shops | 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, Field operations/evaluations | 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 | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| Jimmy John's Gourmet Sandwich Shops | Cheba Hut Toasted Subs | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| Jimmy John's Gourmet Sandwich Shops | 6% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| Jimmy John's Gourmet Sandwich Shops | 4.50% |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| Jimmy John's Gourmet Sandwich Shops | 1983 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| Jimmy John's Gourmet Sandwich Shops | 1993 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| Jimmy John's Gourmet Sandwich Shops | 10 years |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| Jimmy John's Gourmet Sandwich Shops | $2.5K |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| Jimmy John's Gourmet Sandwich Shops | 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 | |
| Jimmy John's Gourmet Sandwich Shops | No |
| Cheba Hut Toasted Subs | No |
| Start-up Costs | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| Jimmy John's Gourmet Sandwich Shops} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| Jimmy John's Gourmet Sandwich Shops | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| 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 | |
| Jimmy John's Gourmet Sandwich Shops | Co-op advertising, Ad slicks, Regional advertising |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Jimmy John's Gourmet Sandwich Shops | |
| 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 | |
| Jimmy John's Gourmet Sandwich Shops | 0 |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| Jimmy John's Gourmet Sandwich Shops | |
| Cheba Hut Toasted Subs | |