Mr. Hero vs The Submarine Station Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Hero vs The Submarine Station including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Mr. Hero The Submarine Station
Investment 113000 - 305000 0 - 0
Franchise Fee 0
Royalty Fee 5.50% $500/mo
Advertising Fee
Year Founded 1965 0
Year Franchised 1970 0
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Mr. Hero The Submarine Station
Experience Industry experience General business experience Marketing skills

Financing Options

  Mr. Hero The Submarine Station
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Mr. Hero The Submarine Station
Training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

Expansion Plans

  Mr. Hero The Submarine Station
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Mr. Hero
The Submarine Station
Franchise Fee
Mr. Hero
The Submarine Station
Royalty Fee
Mr. Hero 5.50%
The Submarine Station $500/mo
Advertising Fee
Mr. Hero
The Submarine Station
Year Founded
Mr. Hero 1965
The Submarine Station 0
Year Franchised
Mr. Hero 1970
The Submarine Station 0
Term Of Agreement
Mr. Hero 10 years
The Submarine Station 5 years
Renewal Fee
Mr. Hero
The Submarine Station


Business Experience Requirements

Experience
Mr. Hero Industry experience General business experience Marketing skills
The Submarine Station

Financing Options

 
Franchise Fees
Mr. Hero No
The Submarine Station No
Start-up Costs
Mr. Hero
The Submarine Station
Equipment
Mr. Hero}
The Submarine Station
Inventory
Mr. Hero
The Submarine Station
Receivables
Mr. Hero
The Submarine Station
Payroll
Mr. Hero
The Submarine Station

Training & Support

Training
Mr. Hero
The Submarine Station
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
The Submarine Station
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
The Submarine Station
Operations
Mr. Hero International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)
The Submarine Station

Expansion Plans

US Expansion
Mr. Hero
The Submarine Station
Canada Expansion
Mr. Hero
The Submarine Station
International Expansion
Mr. Hero
The Submarine Station