Mr. Hero vs Tubby's Sub Shops Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs Tubby's Sub Shops including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Mr. Hero Tubby's Sub Shops
Investment 113000 - 305000 112900 - 293500
Franchise Fee 0 0
Royalty Fee 5.50% 4%-6%
Advertising Fee 4%
Year Founded 1965 1968
Year Franchised 1970 1978
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Hero Tubby's Sub Shops
Experience Industry experience General business experience Marketing skills

Financing Options
  Mr. Hero Tubby's Sub Shops
 
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 Tubby's Sub Shops
Training On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection
Marketing Co-op advertising, Ad slicks, National media, Regional advertising National Media Social media
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) 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Expansion Plans
  Mr. Hero Tubby's Sub Shops
US Expansion Florida, Michigan, Ohio
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
Mr. Hero
Tubby's Sub Shops
Franchise Fee
Mr. Hero
Tubby's Sub Shops
Royalty Fee
Mr. Hero 5.50%
Tubby's Sub Shops 4%-6%
Advertising Fee
Mr. Hero
Tubby's Sub Shops 4%
Year Founded
Mr. Hero 1965
Tubby's Sub Shops 1968
Year Franchised
Mr. Hero 1970
Tubby's Sub Shops 1978
Term Of Agreement
Mr. Hero 10 years
Tubby's Sub Shops 10 years
Renewal Fee
Mr. Hero
Tubby's Sub Shops


Business Experience Requirements
Experience
Mr. Hero Industry experience General business experience Marketing skills
Tubby's Sub Shops

Financing Options
 
Franchise Fees
Mr. Hero No
Tubby's Sub Shops No
Start-up Costs
Mr. Hero
Tubby's Sub Shops
Equipment
Mr. Hero}
Tubby's Sub Shops
Inventory
Mr. Hero
Tubby's Sub Shops
Receivables
Mr. Hero
Tubby's Sub Shops
Payroll
Mr. Hero
Tubby's Sub Shops

Training & Support
Training
Mr. Hero
Tubby's Sub Shops On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Tubby's Sub Shops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Tubby's Sub Shops National Media Social media
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)
Tubby's Sub Shops 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Expansion Plans
US Expansion
Mr. Hero
Tubby's Sub Shops Florida, Michigan, Ohio
Canada Expansion
Mr. Hero
Tubby's Sub Shops
International Expansion
Mr. Hero
Tubby's Sub Shops