Start-Up Costs and Fees |
||
| Larry's Giant Subs | Tropical Smoothie Cafe | |
| Investment | 136800 - 201900 | 198500 - 543500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | |
| Year Founded | 1982 | 1997 |
| Year Franchised | 1986 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Larry's Giant Subs | Tropical Smoothie Cafe | |
| Experience | Industry experience General business experience | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! |
Financing Options |
||
| Larry's Giant Subs | Tropical Smoothie Cafe | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Larry's Giant Subs | Tropical Smoothie Cafe | |
| Training | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 |
Expansion Plans |
||
| Larry's Giant Subs | Tropical Smoothie Cafe | |
| 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 | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
| Franchise Fee | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
| Royalty Fee | |
| Larry's Giant Subs | 6% |
| Tropical Smoothie Cafe | 6% |
| Advertising Fee | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | 3% |
| Year Founded | |
| Larry's Giant Subs | 1982 |
| Tropical Smoothie Cafe | 1997 |
| Year Franchised | |
| Larry's Giant Subs | 1986 |
| Tropical Smoothie Cafe | 1998 |
| Term Of Agreement | |
| Larry's Giant Subs | 10 years |
| Tropical Smoothie Cafe | 15 years |
| Renewal Fee | |
| Larry's Giant Subs | $1K |
| Tropical Smoothie Cafe | |
Business Experience Requirements |
|
| Experience | |
| Larry's Giant Subs | Industry experience General business experience |
| Tropical Smoothie Cafe | Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!! |
Financing Options |
|
| Franchise Fees | |
| Larry's Giant Subs | No |
| Tropical Smoothie Cafe | No |
| Start-up Costs | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
| Equipment | |
| Larry's Giant Subs} | |
| Tropical Smoothie Cafe | |
| Inventory | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
| Receivables | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
| Payroll | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |
Training & Support |
|
| Training | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening. |
| Support | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Tropical Smoothie Cafe | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Tropical Smoothie Cafe | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Tropical Smoothie Cafe | Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe. Absentee Ownership Allowed Number of Employees Required to Run: 10 - 20 |
Expansion Plans |
|
| US Expansion | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | 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 | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | 0 |
| International Expansion | |
| Larry's Giant Subs | |
| Tropical Smoothie Cafe | |