Silver Mine Subs vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Silver Mine Subs vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Silver Mine Subs My Friend's Place
Investment 197000 - 340000 156650 - 260400
Franchise Fee
Royalty Fee 6% 5%
Advertising Fee 4% 1%
Year Founded 1996 1980
Year Franchised 2002 1980
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Silver Mine Subs My Friend's Place
Experience

Financing Options

  Silver Mine Subs My Friend's Place
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Silver Mine Subs My Friend's Place
Training Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
Support Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
Marketing
Operations Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed

Expansion Plans

  Silver Mine Subs My Friend's Place
US Expansion Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Silver Mine Subs
My Friend's Place
Franchise Fee
Silver Mine Subs
My Friend's Place
Royalty Fee
Silver Mine Subs 6%
My Friend's Place 5%
Advertising Fee
Silver Mine Subs 4%
My Friend's Place 1%
Year Founded
Silver Mine Subs 1996
My Friend's Place 1980
Year Franchised
Silver Mine Subs 2002
My Friend's Place 1980
Term Of Agreement
Silver Mine Subs
My Friend's Place
Renewal Fee
Silver Mine Subs
My Friend's Place


Business Experience Requirements

Experience
Silver Mine Subs
My Friend's Place

Financing Options

 
Franchise Fees
Silver Mine Subs
My Friend's Place
Start-up Costs
Silver Mine Subs
My Friend's Place
Equipment
Silver Mine Subs}
My Friend's Place
Inventory
Silver Mine Subs
My Friend's Place
Receivables
Silver Mine Subs
My Friend's Place
Payroll
Silver Mine Subs
My Friend's Place

Training & Support

Training
Silver Mine Subs Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters.
My Friend's Place 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days
Support
Silver Mine Subs
My Friend's Place Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost
Marketing
Silver Mine Subs
My Friend's Place
Operations
Silver Mine Subs
My Friend's Place Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed

Expansion Plans

US Expansion
Silver Mine Subs
My Friend's Place Alabama, Florida, Georgia, Indiana, South Carolina, Texas
Canada Expansion
Silver Mine Subs 0
My Friend's Place
International Expansion
Silver Mine Subs
My Friend's Place