Start-Up Costs and Fees |
||
| Mr. Hero | Submarina | |
| Investment | 113000 - 305000 | 161818 - 334118 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | ||
| Year Founded | 1965 | 0 |
| Year Franchised | 1970 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Hero | Submarina | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Mr. Hero | Submarina | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mr. Hero | Submarina | |
| 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 | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. |
| 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 | Submarina | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Hero | |
| Submarina | |
| Franchise Fee | |
| Mr. Hero | |
| Submarina | |
| Royalty Fee | |
| Mr. Hero | 5.50% |
| Submarina | |
| Advertising Fee | |
| Mr. Hero | |
| Submarina | |
| Year Founded | |
| Mr. Hero | 1965 |
| Submarina | 0 |
| Year Franchised | |
| Mr. Hero | 1970 |
| Submarina | 0 |
| Term Of Agreement | |
| Mr. Hero | 10 years |
| Submarina | |
| Renewal Fee | |
| Mr. Hero | |
| Submarina | |
Business Experience Requirements |
|
| Experience | |
| Mr. Hero | Industry experience General business experience Marketing skills |
| Submarina | |
Financing Options |
|
| Franchise Fees | |
| Mr. Hero | No |
| Submarina | No |
| Start-up Costs | |
| Mr. Hero | |
| Submarina | |
| Equipment | |
| Mr. Hero} | |
| Submarina | |
| Inventory | |
| Mr. Hero | |
| Submarina | |
| Receivables | |
| Mr. Hero | |
| Submarina | |
| Payroll | |
| Mr. Hero | |
| Submarina | |
Training & Support |
|
| Training | |
| Mr. Hero | |
| Submarina | |
| Support | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Submarina | |
| Marketing | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Submarina | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. |
| 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) |
| Submarina | |
Expansion Plans |
|
| US Expansion | |
| Mr. Hero | |
| Submarina | |
| Canada Expansion | |
| Mr. Hero | |
| Submarina | 0 |
| International Expansion | |
| Mr. Hero | |
| Submarina | |