Start-Up Costs and Fees |
||
| NYC Bagel & Sandwich Shop | Cheba Hut Toasted Subs | |
| Investment | 119000 - 208000 | 575900 - 939700 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | $300 - $600 | 2% |
| Year Founded | 0 | 1998 |
| Year Franchised | 0 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| NYC Bagel & Sandwich Shop | 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 |
||
| NYC Bagel & Sandwich Shop | Cheba Hut Toasted Subs | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| NYC Bagel & Sandwich Shop | Cheba Hut Toasted Subs | |
| Training | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. | Ad Templates Social media SEO Website development |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| NYC Bagel & Sandwich Shop | 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 | 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 | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Franchise Fee | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Royalty Fee | |
| NYC Bagel & Sandwich Shop | 5% |
| Cheba Hut Toasted Subs | 6% |
| Advertising Fee | |
| NYC Bagel & Sandwich Shop | $300 - $600 |
| Cheba Hut Toasted Subs | 2% |
| Year Founded | |
| NYC Bagel & Sandwich Shop | 0 |
| Cheba Hut Toasted Subs | 1998 |
| Year Franchised | |
| NYC Bagel & Sandwich Shop | 0 |
| Cheba Hut Toasted Subs | 2002 |
| Term Of Agreement | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Renewal Fee | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
Business Experience Requirements |
|
| Experience | |
| NYC Bagel & Sandwich Shop | |
| 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 | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Start-up Costs | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Equipment | |
| NYC Bagel & Sandwich Shop} | |
| Cheba Hut Toasted Subs | |
| Inventory | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Receivables | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| Payroll | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
Training & Support |
|
| Training | |
| NYC Bagel & Sandwich Shop | Full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop has a 24/7 support system in place and does a full training from stocking your store, helping with employees and management to showing how to prepare every item on the menu, POS support and even stays during the opening period to be on-site for additional help/support. Corporate also follows back up with each location often to ensure food product is going out correctly and to assist with further questions in your location. The NYC Bagel Franchise also has an additional training program for all franchisees after opening their location to go over and refresh on any or all food product, recipes or formulas. |
| 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 | |
| NYC Bagel & Sandwich Shop | NYC Bagel & Sandwich Shop Corporate helps create all social media to help market and cater to certain areas as well as other online campaigns to help better each individual location. |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Operations | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
|
| US Expansion | |
| NYC Bagel & Sandwich Shop | 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 |
| 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 | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |
| International Expansion | |
| NYC Bagel & Sandwich Shop | |
| Cheba Hut Toasted Subs | |