Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Badass Jack's | |
| Investment | 575900 - 939700 | 275000 - 275000 |
| Franchise Fee | ||
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 1997 |
| Year Franchised | 2002 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Badass Jack's | |
| 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 |
||
| Cheba Hut Toasted Subs | Badass Jack's | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Badass Jack's | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | One month |
| Support | 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 | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Badass Jack's | |
| 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 | 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 | New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Badass Jack's | |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Badass Jack's | |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Badass Jack's | 1997 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Badass Jack's | 1998 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Badass Jack's | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Badass Jack's | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Badass Jack's | One month |
| Support | |
| Cheba Hut Toasted Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Badass Jack's | |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Badass Jack's | |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Badass Jack's | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Badass Jack's | 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 | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Badass Jack's | |