Goodcents Deli Fresh Subs vs Silver Mine Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Goodcents Deli Fresh Subs vs Silver Mine Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Goodcents Deli Fresh Subs Silver Mine Subs
Investment 211432 - 431843 197000 - 340000
Franchise Fee
Royalty Fee 6% 6%
Advertising Fee 3.50% 4%
Year Founded 1988 1996
Year Franchised 1990 2002
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Goodcents Deli Fresh Subs Silver Mine Subs
Experience Industry experience General business experience Marketing skills

Financing Options

  Goodcents Deli Fresh Subs Silver Mine Subs
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Goodcents Deli Fresh Subs Silver Mine Subs
Training On-The-Job Training: 120 hours Classroom Training: 40 hours Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters.
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed.

Expansion Plans

  Goodcents Deli Fresh Subs Silver Mine Subs
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Goodcents Deli Fresh Subs
Silver Mine Subs
Franchise Fee
Goodcents Deli Fresh Subs
Silver Mine Subs
Royalty Fee
Goodcents Deli Fresh Subs 6%
Silver Mine Subs 6%
Advertising Fee
Goodcents Deli Fresh Subs 3.50%
Silver Mine Subs 4%
Year Founded
Goodcents Deli Fresh Subs 1988
Silver Mine Subs 1996
Year Franchised
Goodcents Deli Fresh Subs 1990
Silver Mine Subs 2002
Term Of Agreement
Goodcents Deli Fresh Subs 10 years
Silver Mine Subs
Renewal Fee
Goodcents Deli Fresh Subs 60% of current fee
Silver Mine Subs


Business Experience Requirements

Experience
Goodcents Deli Fresh Subs Industry experience General business experience Marketing skills
Silver Mine Subs

Financing Options

 
Franchise Fees
Goodcents Deli Fresh Subs
Silver Mine Subs
Start-up Costs
Goodcents Deli Fresh Subs
Silver Mine Subs
Equipment
Goodcents Deli Fresh Subs}
Silver Mine Subs
Inventory
Goodcents Deli Fresh Subs
Silver Mine Subs
Receivables
Goodcents Deli Fresh Subs
Silver Mine Subs
Payroll
Goodcents Deli Fresh Subs
Silver Mine Subs

Training & Support

Training
Goodcents Deli Fresh Subs On-The-Job Training: 120 hours Classroom Training: 40 hours
Silver Mine Subs Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters.
Support
Goodcents Deli Fresh Subs Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Silver Mine Subs
Marketing
Goodcents Deli Fresh Subs Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Silver Mine Subs
Operations
Goodcents Deli Fresh Subs Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed.
Silver Mine Subs

Expansion Plans

US Expansion
Goodcents Deli Fresh Subs
Silver Mine Subs
Canada Expansion
Goodcents Deli Fresh Subs
Silver Mine Subs 0
International Expansion
Goodcents Deli Fresh Subs
Silver Mine Subs