Start-Up Costs and Fees |
||
| Joey Bag a Donuts | Cheba Hut Toasted Subs | |
| Investment | 207700 - 587800 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2009 | 1998 |
| Year Franchised | 2012 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Joey Bag a Donuts | 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 |
||
| Joey Bag a Donuts | Cheba Hut Toasted Subs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Joey Bag a Donuts | Cheba Hut Toasted Subs | |
| Training | On-The-Job Training: up to 5 days Classroom Training: up to 10 days | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates | Ad Templates Social media SEO Website development |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
| Joey Bag a Donuts | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| Joey Bag a Donuts | 5% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| Joey Bag a Donuts | 1% |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| Joey Bag a Donuts | 2009 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| Joey Bag a Donuts | 2012 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| Joey Bag a Donuts | |
| 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 | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Start-up Costs | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| Joey Bag a Donuts} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| Joey Bag a Donuts | On-The-Job Training: up to 5 days Classroom Training: up to 10 days |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| Joey Bag a Donuts | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| 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 | |
| Joey Bag a Donuts | Co-op Advertising Ad Templates |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| Joey Bag a Donuts | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| Joey Bag a Donuts | |
| 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 | |
| Joey Bag a Donuts | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| Joey Bag a Donuts | |
| Cheba Hut Toasted Subs | |