Mr. Hero vs Tom and Chee Franchise Comparison

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

Start-Up Costs and Fees
  Mr. Hero Tom and Chee
Investment 113000 - 305000 302700 - 456000
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee
Year Founded 1965 2012
Year Franchised 1970 2017
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Mr. Hero Tom and Chee
Experience Industry experience General business experience Marketing skills

Financing Options
  Mr. Hero Tom and Chee
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Mr. Hero Tom and Chee
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 Tom and Chee
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
International Expansion

Start-Up Costs and Fees Mobile
Investment
Mr. Hero
Tom and Chee
Franchise Fee
Mr. Hero
Tom and Chee
Royalty Fee
Mr. Hero 5.50%
Tom and Chee
Advertising Fee
Mr. Hero
Tom and Chee
Year Founded
Mr. Hero 1965
Tom and Chee 2012
Year Franchised
Mr. Hero 1970
Tom and Chee 2017
Term Of Agreement
Mr. Hero 10 years
Tom and Chee
Renewal Fee
Mr. Hero
Tom and Chee


Business Experience Requirements
Experience
Mr. Hero Industry experience General business experience Marketing skills
Tom and Chee

Financing Options
 
Franchise Fees
Mr. Hero No
Tom and Chee No
Start-up Costs
Mr. Hero
Tom and Chee
Equipment
Mr. Hero}
Tom and Chee
Inventory
Mr. Hero
Tom and Chee
Receivables
Mr. Hero
Tom and Chee
Payroll
Mr. Hero
Tom and Chee

Training & Support
Training
Mr. Hero
Tom and Chee
Support
Mr. Hero Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Tom and Chee
Marketing
Mr. Hero Co-op advertising, Ad slicks, National media, Regional advertising
Tom and Chee
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)
Tom and Chee

Expansion Plans
US Expansion
Mr. Hero
Tom and Chee 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
Mr. Hero
Tom and Chee
International Expansion
Mr. Hero
Tom and Chee