Start-Up Costs and Fees |
||
| Mr. Hero | Mr. Pickle's Sandwich Shop | |
| Investment | 113000 - 305000 | 151500 - 342500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | $250+/wk |
| Advertising Fee | Up to 2% Monthly | |
| Year Founded | 1965 | 1996 |
| Year Franchised | 1970 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Hero | Mr. Pickle's Sandwich Shop | |
| Experience | Industry experience General business experience Marketing skills | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
||
| Mr. Hero | Mr. Pickle's Sandwich Shop | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Mr. Hero | Mr. Pickle's Sandwich Shop | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Mr. Hero | Mr. Pickle's Sandwich Shop | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Franchise Fee | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Royalty Fee | |
| Mr. Hero | 5.50% |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Advertising Fee | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Year Founded | |
| Mr. Hero | 1965 |
| Mr. Pickle's Sandwich Shop | 1996 |
| Year Franchised | |
| Mr. Hero | 1970 |
| Mr. Pickle's Sandwich Shop | 2006 |
| Term Of Agreement | |
| Mr. Hero | 10 years |
| Mr. Pickle's Sandwich Shop | 10 years |
| Renewal Fee | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| Mr. Hero | Industry experience General business experience Marketing skills |
| Mr. Pickle's Sandwich Shop | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
|
| Franchise Fees | |
| Mr. Hero | No |
| Mr. Pickle's Sandwich Shop | No |
| Start-up Costs | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Equipment | |
| Mr. Hero} | |
| Mr. Pickle's Sandwich Shop | |
| Inventory | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Receivables | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Payroll | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
Training & Support |
|
| Training | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Support | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Mr. Pickle's Sandwich Shop | |
| Marketing | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Mr. Pickle's Sandwich Shop | |
| Operations | |
| Mr. Hero | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
| Mr. Pickle's Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |
| Canada Expansion | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | 0 |
| International Expansion | |
| Mr. Hero | |
| Mr. Pickle's Sandwich Shop | |