Start-Up Costs and Fees |
||
| KnowFat! | Penn Station East Coast Subs | |
| Investment | 488500 - 647000 | 383844 - 613764 |
| Franchise Fee | ||
| Royalty Fee | 5% | to8% |
| Advertising Fee | 1.5- 2.5% | 2-3% |
| Year Founded | 0 | 1985 |
| Year Franchised | 0 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| KnowFat! | Penn Station East Coast Subs | |
| Experience | ||
Financing Options |
||
| KnowFat! | Penn Station East Coast Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| KnowFat! | Penn Station East Coast Subs | |
| Training | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 | |
Expansion Plans |
||
| KnowFat! | Penn Station East Coast Subs | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Franchise Fee | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Royalty Fee | |
| KnowFat! | 5% |
| Penn Station East Coast Subs | to8% |
| Advertising Fee | |
| KnowFat! | 1.5- 2.5% |
| Penn Station East Coast Subs | 2-3% |
| Year Founded | |
| KnowFat! | 0 |
| Penn Station East Coast Subs | 1985 |
| Year Franchised | |
| KnowFat! | 0 |
| Penn Station East Coast Subs | 1988 |
| Term Of Agreement | |
| KnowFat! | |
| Penn Station East Coast Subs | 5 years |
| Renewal Fee | |
| KnowFat! | |
| Penn Station East Coast Subs | $2,500 |
Business Experience Requirements |
|
| Experience | |
| KnowFat! | |
| Penn Station East Coast Subs | |
Financing Options |
|
| Franchise Fees | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Start-up Costs | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Equipment | |
| KnowFat!} | |
| Penn Station East Coast Subs | |
| Inventory | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Receivables | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Payroll | |
| KnowFat! | |
| Penn Station East Coast Subs | |
Training & Support |
|
| Training | |
| KnowFat! | KnowFat! offers all of our franchisees a comprehensive training program at the KnowFat! KnowLedge Center. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Penn Station East Coast Subs | On-The-Job Training: 202-299 hours Classroom Training: 25-33 hours |
| Support | |
| KnowFat! | |
| Penn Station East Coast Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| KnowFat! | KnowFat! offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, KnowFat! provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. KnowFat! is also building a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. KnowFat! will also help franchisees track purchasing and analyze customer shopping data. |
| Penn Station East Coast Subs | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| KnowFat! | |
| Penn Station East Coast Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 |
Expansion Plans |
|
| US Expansion | |
| KnowFat! | |
| Penn Station East Coast Subs | |
| Canada Expansion | |
| KnowFat! | |
| Penn Station East Coast Subs | 0 |
| International Expansion | |
| KnowFat! | |
| Penn Station East Coast Subs | |