New York Burrito-Gourmet Wraps vs Cheba Hut Toasted Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of New York Burrito-Gourmet Wraps vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  New York Burrito-Gourmet Wraps Cheba Hut Toasted Subs
Investment 85000 - 150000 575900 - 939700
Franchise Fee 0
Royalty Fee 7% 6%
Advertising Fee 2%
Year Founded 1995 1998
Year Franchised 1996 2002
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  New York Burrito-Gourmet Wraps Cheba Hut Toasted Subs
Experience General business experience Marketing skills For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process.

Financing Options
  New York Burrito-Gourmet Wraps Cheba Hut Toasted Subs
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  New York Burrito-Gourmet Wraps Cheba Hut Toasted Subs
Training On-The-Job Training: 84 hours Classroom Training: 84 hours
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, Regional advertising Ad Templates Social media SEO Website development
Operations International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20

Expansion Plans
  New York Burrito-Gourmet Wraps Cheba Hut Toasted Subs
US Expansion Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming, 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
International Expansion Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,

Start-Up Costs and Fees Mobile
Investment
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
Franchise Fee
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
Royalty Fee
New York Burrito-Gourmet Wraps 7%
Cheba Hut Toasted Subs 6%
Advertising Fee
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs 2%
Year Founded
New York Burrito-Gourmet Wraps 1995
Cheba Hut Toasted Subs 1998
Year Franchised
New York Burrito-Gourmet Wraps 1996
Cheba Hut Toasted Subs 2002
Term Of Agreement
New York Burrito-Gourmet Wraps 10 years
Cheba Hut Toasted Subs
Renewal Fee
New York Burrito-Gourmet Wraps $1K
Cheba Hut Toasted Subs


Business Experience Requirements
Experience
New York Burrito-Gourmet Wraps General business experience Marketing skills
Cheba Hut Toasted Subs For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process.

Financing Options
 
Franchise Fees
New York Burrito-Gourmet Wraps No
Cheba Hut Toasted Subs No
Start-up Costs
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
Equipment
New York Burrito-Gourmet Wraps}
Cheba Hut Toasted Subs
Inventory
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
Receivables
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
Payroll
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs

Training & Support
Training
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs On-The-Job Training: 84 hours Classroom Training: 84 hours
Support
New York Burrito-Gourmet Wraps Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Cheba Hut Toasted Subs Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
New York Burrito-Gourmet Wraps Co-op advertising, Ad slicks, Regional advertising
Cheba Hut Toasted Subs Ad Templates Social media SEO Website development
Operations
New York Burrito-Gourmet Wraps International franchisees required to buy multiple units/master licenses; 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 6 - 15 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)
Cheba Hut Toasted Subs Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20

Expansion Plans
US Expansion
New York Burrito-Gourmet Wraps Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Cheba Hut Toasted Subs 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
New York Burrito-Gourmet Wraps
Cheba Hut Toasted Subs
International Expansion
New York Burrito-Gourmet Wraps Australia,New Zealand, Canada, Central America, Middle East, South America, Western Europe,
Cheba Hut Toasted Subs