Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Energy Kitchen | |
| Investment | 575900 - 939700 | 750000 - 1000000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 1999 |
| Year Franchised | 2002 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Energy Kitchen | |
| 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 | Energy Kitchen | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Energy Kitchen | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | * Available at headquarters: 6 weeks |
| 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 | * 33% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Energy Kitchen | |
| 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 | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Energy Kitchen | 5% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Energy Kitchen | |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Energy Kitchen | 1999 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Energy Kitchen | 2006 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | 10 years |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
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. |
| Energy Kitchen | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Energy Kitchen | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Energy Kitchen | * Available at headquarters: 6 weeks |
| 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 |
| Energy Kitchen | |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Energy Kitchen | |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Energy Kitchen | * 33% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 10 - 10 * Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Energy Kitchen | |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Energy Kitchen | |