Start-Up Costs and Fees |
||
| Tubby's Sub Shops | Mr. Pickle's Sandwich Shop | |
| Investment | 112900 - 293500 | 151500 - 342500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4%-6% | $250+/wk |
| Advertising Fee | 4% | Up to 2% Monthly |
| Year Founded | 1968 | 1996 |
| Year Franchised | 1978 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tubby's Sub Shops | Mr. Pickle's Sandwich Shop | |
| 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 | |
Financing Options |
||
| Tubby's Sub Shops | Mr. Pickle's Sandwich Shop | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Tubby's Sub Shops | Mr. Pickle's Sandwich Shop | |
| Training | On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection | |
| Marketing | National Media Social media | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Tubby's Sub Shops | Mr. Pickle's Sandwich Shop | |
| US Expansion | Florida, Michigan, Ohio | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
| Franchise Fee | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
| Royalty Fee | |
| Tubby's Sub Shops | 4%-6% |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Advertising Fee | |
| Tubby's Sub Shops | 4% |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Year Founded | |
| Tubby's Sub Shops | 1968 |
| Mr. Pickle's Sandwich Shop | 1996 |
| Year Franchised | |
| Tubby's Sub Shops | 1978 |
| Mr. Pickle's Sandwich Shop | 2006 |
| Term Of Agreement | |
| Tubby's Sub Shops | 10 years |
| Mr. Pickle's Sandwich Shop | 10 years |
| Renewal Fee | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| Tubby's Sub Shops | |
| 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 |
Financing Options |
|
| Franchise Fees | |
| Tubby's Sub Shops | No |
| Mr. Pickle's Sandwich Shop | No |
| Start-up Costs | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
| Equipment | |
| Tubby's Sub Shops} | |
| Mr. Pickle's Sandwich Shop | |
| Inventory | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
| Receivables | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
| Payroll | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |
Training & Support |
|
| Training | |
| Tubby's Sub Shops | On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store |
| Mr. Pickle's Sandwich Shop | |
| Support | |
| Tubby's Sub Shops | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection |
| Mr. Pickle's Sandwich Shop | |
| Marketing | |
| Tubby's Sub Shops | National Media Social media |
| Mr. Pickle's Sandwich Shop | |
| Operations | |
| Tubby's Sub Shops | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| Mr. Pickle's Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| Tubby's Sub Shops | Florida, Michigan, Ohio |
| Mr. Pickle's Sandwich Shop | |
| Canada Expansion | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | 0 |
| International Expansion | |
| Tubby's Sub Shops | |
| Mr. Pickle's Sandwich Shop | |