Start-Up Costs and Fees |
||
| My Friend's Place | Erbert & Gerbert's Subs & Clubs | |
| Investment | 156650 - 260400 | 191014 - 397535 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1980 | 1987 |
| Year Franchised | 1980 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Friend's Place | Erbert & Gerbert's Subs & Clubs | |
| Experience | Attitude determines your altitude in life and in Franchising as well. You need a willingness to work hard, some business acumen and you have to enjoy working with people. | |
Financing Options |
||
| My Friend's Place | Erbert & Gerbert's Subs & Clubs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Friend's Place | Erbert & Gerbert's Subs & Clubs | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app | |
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | Number of employees needed to run franchised unit: 20-30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| My Friend's Place | Erbert & Gerbert's Subs & Clubs | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Oregon, South Dakota, Wisconsin, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Franchise Fee | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Erbert & Gerbert's Subs & Clubs | 6% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Erbert & Gerbert's Subs & Clubs | 2% |
| Year Founded | |
| My Friend's Place | 1980 |
| Erbert & Gerbert's Subs & Clubs | 1987 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Erbert & Gerbert's Subs & Clubs | 1992 |
| Term Of Agreement | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | 10 years |
| Renewal Fee | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | Attitude determines your altitude in life and in Franchising as well. You need a willingness to work hard, some business acumen and you have to enjoy working with people. |
Financing Options |
|
| Franchise Fees | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Start-up Costs | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Equipment | |
| My Friend's Place} | |
| Erbert & Gerbert's Subs & Clubs | |
| Inventory | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Receivables | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| Payroll | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Erbert & Gerbert's Subs & Clubs | We provide training to cover every aspect of your shop. This includes food prep, guest service, staff relations, business management - basically everything you need to open an E&G. On-The-Job Training: 112 hours Classroom Training: 35 hours Additional Training: At corporate restaurant |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Erbert & Gerbert's Subs & Clubs | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | Co-op Advertising Ad Templates National Media Regional Advertising Social media Email marketing Loyalty program/app |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Erbert & Gerbert's Subs & Clubs | Number of employees needed to run franchised unit: 20-30 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| Erbert & Gerbert's Subs & Clubs | Iowa, Illinois, Indiana, Michigan, Minnesota, North Dakota, Oregon, South Dakota, Wisconsin, |
| Canada Expansion | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |
| International Expansion | |
| My Friend's Place | |
| Erbert & Gerbert's Subs & Clubs | |