Start-Up Costs and Fees |
||
| Earl of Sandwich | Cheba Hut Toasted Subs | |
| Investment | 331600 - 485200 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 5% | 2% |
| Year Founded | 2004 | 1998 |
| Year Franchised | 2005 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Earl of Sandwich | Cheba Hut Toasted Subs | |
| Experience | $200,000 Liquidity | 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 |
||
| Earl of Sandwich | Cheba Hut Toasted Subs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Earl of Sandwich | Cheba Hut Toasted Subs | |
| Training | Initial Manager Training is 28 days at an Earl of Sandwich Certified Training Restaurant. | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| 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 |
||
| Earl of Sandwich | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| Earl of Sandwich | 6% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| Earl of Sandwich | 5% |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| Earl of Sandwich | 2004 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| Earl of Sandwich | 2005 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| Earl of Sandwich | $200,000 Liquidity |
| 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 | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Start-up Costs | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| Earl of Sandwich} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| Earl of Sandwich | Initial Manager Training is 28 days at an Earl of Sandwich Certified Training Restaurant. |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| Earl of Sandwich | |
| 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 | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Earl of Sandwich | |
| 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 | |
| Earl of Sandwich | 0 |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| Earl of Sandwich | |
| Cheba Hut Toasted Subs | |