Start-Up Costs and Fees |
||
| Submarina | Larry's Giant Subs | |
| Investment | 161818 - 334118 | 136800 - 201900 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | ||
| Year Founded | 0 | 1982 |
| Year Franchised | 0 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Submarina | Larry's Giant Subs | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Submarina | Larry's Giant Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Submarina | Larry's Giant Subs | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. | 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 |
||
| Submarina | Larry's Giant Subs | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Submarina | |
| Larry's Giant Subs | |
| Franchise Fee | |
| Submarina | |
| Larry's Giant Subs | |
| Royalty Fee | |
| Submarina | |
| Larry's Giant Subs | 6% |
| Advertising Fee | |
| Submarina | |
| Larry's Giant Subs | |
| Year Founded | |
| Submarina | 0 |
| Larry's Giant Subs | 1982 |
| Year Franchised | |
| Submarina | 0 |
| Larry's Giant Subs | 1986 |
| Term Of Agreement | |
| Submarina | |
| Larry's Giant Subs | 10 years |
| Renewal Fee | |
| Submarina | |
| Larry's Giant Subs | $1K |
Business Experience Requirements |
|
| Experience | |
| Submarina | |
| Larry's Giant Subs | Industry experience General business experience |
Financing Options |
|
| Franchise Fees | |
| Submarina | |
| Larry's Giant Subs | |
| Start-up Costs | |
| Submarina | |
| Larry's Giant Subs | |
| Equipment | |
| Submarina} | |
| Larry's Giant Subs | |
| Inventory | |
| Submarina | |
| Larry's Giant Subs | |
| Receivables | |
| Submarina | |
| Larry's Giant Subs | |
| Payroll | |
| Submarina | |
| Larry's Giant Subs | |
Training & Support |
|
| Training | |
| Submarina | |
| Larry's Giant Subs | |
| Support | |
| Submarina | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Submarina | Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants. |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Submarina | |
| 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 | |
| Submarina | |
| Larry's Giant Subs | |
| Canada Expansion | |
| Submarina | 0 |
| Larry's Giant Subs | |
| International Expansion | |
| Submarina | |
| Larry's Giant Subs | |