Start-Up Costs and Fees |
||
| New York 5th Av. Deli | Cheba Hut Toasted Subs | |
| Investment | 65000 - 110000 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2%local +2%Nat'l | 2% |
| Year Founded | 0 | 1998 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| New York 5th Av. Deli | Cheba Hut Toasted Subs | |
| Experience | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. | |
Financing Options |
||
| New York 5th Av. Deli | Cheba Hut Toasted Subs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| New York 5th Av. Deli | Cheba Hut Toasted Subs | |
| Training | The New York 5th Av. Deli Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. New York 5th Av. Deli also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | New York 5th Av. Deli will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of New York 5th Av. Deli 's proven systems. | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| New York 5th Av. Deli | Cheba Hut Toasted Subs | |
| 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 | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| New York 5th Av. Deli | 6% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| New York 5th Av. Deli | 2%local +2%Nat'l |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| New York 5th Av. Deli | 0 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| New York 5th Av. Deli | 0 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. |
Financing Options |
|
| Franchise Fees | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Start-up Costs | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| New York 5th Av. Deli} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| New York 5th Av. Deli | The New York 5th Av. Deli Academy offers a broad range of technical and managerial courses. The training is designed to provide you with the key skills required to run your stores with a passion for quality - a passion your customers will sense and appreciate through their overall experience at the store. New York 5th Av. Deli also offers onsite training by its experienced professionals and has a specialized team taht can assist your local team in opening a new store. |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| New York 5th Av. Deli | New York 5th Av. Deli will support you from the moment you sign a contract to the time your store - or stores - open. And the support continues during operation through continuous monitoring of your store, helping you to achieve a consistent high level of customer experience. We also help you promote your business by marketing the brand effectively within your territory. Because our ultimate goal is the same as yours - to generate solid returns on investment by running the business professionally and with the full support of New York 5th Av. Deli 's proven systems. |
| Cheba Hut Toasted Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | 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 | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| New York 5th Av. Deli | |
| Cheba Hut Toasted Subs | |