Start-Up Costs and Fees |
||
| Mr. Pickle's Sandwich Shop | Larry's Giant Subs | |
| Investment | 151500 - 342500 | 136800 - 201900 |
| Franchise Fee | 0 | |
| Royalty Fee | $250+/wk | 6% |
| Advertising Fee | Up to 2% Monthly | |
| Year Founded | 1996 | 1982 |
| Year Franchised | 2006 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mr. Pickle's Sandwich Shop | Larry's Giant Subs | |
| Experience | 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 | Industry experience General business experience |
Financing Options |
||
| Mr. Pickle's Sandwich Shop | Larry's Giant Subs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Mr. Pickle's Sandwich Shop | Larry's Giant Subs | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| 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) | |
Expansion Plans |
||
| Mr. Pickle's Sandwich Shop | Larry's Giant Subs | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Franchise Fee | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Royalty Fee | |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Larry's Giant Subs | 6% |
| Advertising Fee | |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Larry's Giant Subs | |
| Year Founded | |
| Mr. Pickle's Sandwich Shop | 1996 |
| Larry's Giant Subs | 1982 |
| Year Franchised | |
| Mr. Pickle's Sandwich Shop | 2006 |
| Larry's Giant Subs | 1986 |
| Term Of Agreement | |
| Mr. Pickle's Sandwich Shop | 10 years |
| Larry's Giant Subs | 10 years |
| Renewal Fee | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | $1K |
Business Experience Requirements |
|
| Experience | |
| 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 |
| Larry's Giant Subs | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Mr. Pickle's Sandwich Shop | No |
| Larry's Giant Subs | No |
| Start-up Costs | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Equipment | |
| Mr. Pickle's Sandwich Shop} | |
| Larry's Giant Subs | |
| Inventory | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Receivables | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Payroll | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
Training & Support |
|
| Training | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Support | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Mr. Pickle's Sandwich Shop | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |
| Canada Expansion | |
| Mr. Pickle's Sandwich Shop | 0 |
| Larry's Giant Subs | |
| International Expansion | |
| Mr. Pickle's Sandwich Shop | |
| Larry's Giant Subs | |