Start-Up Costs and Fees |
||
| Captain Tony's | Cheba Hut Toasted Subs | |
| Investment | 197550 - 389800 | 575900 - 939700 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.5% w/cap | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1972 | 1998 |
| Year Franchised | 1985 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Captain Tony's | 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 |
||
| Captain Tony's | Cheba Hut Toasted Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Captain Tony's | Cheba Hut Toasted Subs | |
| Training | On-The-Job Training: up to 168 hours | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Social media SEO Website development Email marketing Loyalty program/app | Ad Templates Social media SEO Website development |
| Operations | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% of current franchisees are owner/operators | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
| Captain Tony's | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| Captain Tony's | 4.5% w/cap |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| Captain Tony's | 2% |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| Captain Tony's | 1972 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| Captain Tony's | 1985 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| Captain Tony's | 20 years |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| Captain Tony's | |
| 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 | |
| Captain Tony's | No |
| Cheba Hut Toasted Subs | No |
| Start-up Costs | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| Captain Tony's} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| Captain Tony's | On-The-Job Training: up to 168 hours |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| Captain Tony's | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| 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 | |
| Captain Tony's | Social media SEO Website development Email marketing Loyalty program/app |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| Captain Tony's | Absentee Ownership Allowed Number of employees needed to run franchised unit: 5 - 10 100% 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 | |
| Captain Tony's | |
| 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 | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| Captain Tony's | |
| Cheba Hut Toasted Subs | |