Start-Up Costs and Fees |
||
| Planet Sub | Larry's Giant Subs | |
| Investment | 182000 - 402000 | 136800 - 201900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1 - 3% | |
| Year Founded | 1979 | 1982 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Planet Sub | Larry's Giant Subs | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Planet Sub | Larry's Giant Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Planet Sub | Larry's Giant Subs | |
| Training | Comprehensive 30 day training program | |
| 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 |
||
| Planet Sub | Larry's Giant Subs | |
| US Expansion | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Planet Sub | |
| Larry's Giant Subs | |
| Franchise Fee | |
| Planet Sub | |
| Larry's Giant Subs | |
| Royalty Fee | |
| Planet Sub | 5% |
| Larry's Giant Subs | 6% |
| Advertising Fee | |
| Planet Sub | 1 - 3% |
| Larry's Giant Subs | |
| Year Founded | |
| Planet Sub | 1979 |
| Larry's Giant Subs | 1982 |
| Year Franchised | |
| Planet Sub | 0 |
| Larry's Giant Subs | 1986 |
| Term Of Agreement | |
| Planet Sub | |
| Larry's Giant Subs | 10 years |
| Renewal Fee | |
| Planet Sub | |
| Larry's Giant Subs | $1K |
Business Experience Requirements |
|
| Experience | |
| Planet Sub | |
| Larry's Giant Subs | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Planet Sub | |
| Larry's Giant Subs | |
| Start-up Costs | |
| Planet Sub | |
| Larry's Giant Subs | |
| Equipment | |
| Planet Sub} | |
| Larry's Giant Subs | |
| Inventory | |
| Planet Sub | |
| Larry's Giant Subs | |
| Receivables | |
| Planet Sub | |
| Larry's Giant Subs | |
| Payroll | |
| Planet Sub | |
| Larry's Giant Subs | |
Training & Support |
|
| Training | |
| Planet Sub | Comprehensive 30 day training program |
| Larry's Giant Subs | |
| Support | |
| Planet Sub | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Planet Sub | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Planet Sub | |
| 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 | |
| Planet Sub | 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 |
| Larry's Giant Subs | |
| Canada Expansion | |
| Planet Sub | |
| Larry's Giant Subs | |
| International Expansion | |
| Planet Sub | |
| Larry's Giant Subs | |