Start-Up Costs and Fees |
||
| Larry's Giant Subs | Mr. Pickle's Sandwich Shop | |
| Investment | 136800 - 201900 | 151500 - 342500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $250+/wk |
| Advertising Fee | Up to 2% Monthly | |
| Year Founded | 1982 | 1996 |
| Year Franchised | 1986 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Larry's Giant Subs | Mr. Pickle's Sandwich Shop | |
| Experience | Industry experience General business experience | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
||
| Larry's Giant Subs | Mr. Pickle's Sandwich Shop | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Larry's Giant Subs | Mr. Pickle's Sandwich Shop | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Larry's Giant Subs | Mr. Pickle's Sandwich Shop | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Franchise Fee | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Royalty Fee | |
| Larry's Giant Subs | 6% |
| Mr. Pickle's Sandwich Shop | $250+/wk |
| Advertising Fee | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | Up to 2% Monthly |
| Year Founded | |
| Larry's Giant Subs | 1982 |
| Mr. Pickle's Sandwich Shop | 1996 |
| Year Franchised | |
| Larry's Giant Subs | 1986 |
| Mr. Pickle's Sandwich Shop | 2006 |
| Term Of Agreement | |
| Larry's Giant Subs | 10 years |
| Mr. Pickle's Sandwich Shop | 10 years |
| Renewal Fee | |
| Larry's Giant Subs | $1K |
| Mr. Pickle's Sandwich Shop | |
Business Experience Requirements |
|
| Experience | |
| Larry's Giant Subs | Industry experience General business experience |
| Mr. Pickle's Sandwich Shop | Restaurant experience is always helpful but, if you have experience running another type of business including working with employees and customers, managing cash and generating financial statements, we have a complete training program and manuals as well as field operational staff that can help you learn this business as well as provide ongoing support for you. SBA funding may require some restaurant experience, please consult your SBA lender. Up to $400,000 minimum liquid assets Restaurant and/or Management experience 680+ credit score No bankruptcies, liens or Judgements |
Financing Options |
|
| Franchise Fees | |
| Larry's Giant Subs | No |
| Mr. Pickle's Sandwich Shop | No |
| Start-up Costs | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Equipment | |
| Larry's Giant Subs} | |
| Mr. Pickle's Sandwich Shop | |
| Inventory | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Receivables | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Payroll | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
Training & Support |
|
| Training | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Support | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Mr. Pickle's Sandwich Shop | |
| Marketing | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Mr. Pickle's Sandwich Shop | |
| Operations | |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Mr. Pickle's Sandwich Shop | |
Expansion Plans |
|
| US Expansion | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |
| Canada Expansion | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | 0 |
| International Expansion | |
| Larry's Giant Subs | |
| Mr. Pickle's Sandwich Shop | |