Start-Up Costs and Fees |
||
| Sandwich Tree Restaurants | Cheba Hut Toasted Subs | |
| Investment | 90000 - 120000 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1978 | 1998 |
| Year Franchised | 1979 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sandwich Tree Restaurants | Cheba Hut Toasted Subs | |
| Experience | 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 |
||
| Sandwich Tree Restaurants | Cheba Hut Toasted Subs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Sandwich Tree Restaurants | Cheba Hut Toasted Subs | |
| Training | Headquarters 2 Weeks | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
| Sandwich Tree Restaurants | Cheba Hut Toasted 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| Sandwich Tree Restaurants | 5% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| Sandwich Tree Restaurants | 3% |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| Sandwich Tree Restaurants | 1978 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| Sandwich Tree Restaurants | 1979 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| Sandwich Tree Restaurants | 5 years +5 |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| Sandwich Tree Restaurants | |
| 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 | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Start-up Costs | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| Sandwich Tree Restaurants} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| Sandwich Tree Restaurants | Headquarters 2 Weeks |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| Sandwich Tree Restaurants | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
| 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 | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| Sandwich Tree Restaurants | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Sandwich Tree Restaurants | |
| 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 | |
| Sandwich Tree Restaurants | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| Sandwich Tree Restaurants | |
| Cheba Hut Toasted Subs | |