Mr. Sub vs Spicy Pickle Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Sub Franchise
Spicy Pickle Franchise
Investment $160,000$300,000
Franchise Fee $15,000$30,000
Royalty Fee 5%5%
Advertising Fee --
Year Founded 19681999
Year Franchised 19722003
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee 50% of initial fee20% of then-current fee


Business Experience Requirements

 
Mr. Sub Franchise
Spicy Pickle Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills

  • Industry experience
  • General business experience
  • People skills

  • Financing Options

     
    Mr. Sub Franchise
    Spicy Pickle Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Mr. Sub Franchise
    Spicy Pickle Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesMeetings, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12 - 15

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)


    Expansion Plans

     
    Mr. Sub Franchise
    Spicy Pickle Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Mr. Sub

    The first Mr. Sub restaurant opened in Toronto, Ontario in March of 1968. Right from the start, the concept was simple: sell quality subs, make them fresh, and serve them fast. And above all, give customers value for their money. A lot has changed since then. Our menu has grown to include salads, wraps, soup, fresh baked bread and more. Today, there are over 520 restaurants from coast to coast, and Mr. Sub is still owned by the founding partners. Lots of things have changed over the years, but every franchisee remains committed to our original concept of quality and freshness. That thinking was what brought people to our restaurants back in the 60's, and it continues to create new customers today.

    "Top

    #38 in Canada's Top franchises.

    About Spicy Pickle

    Spicy Pickle is looking for experienced restaurant operators who also have the financial ability and marketing expertise to develop territory. Spicy Pickle restaurants are in relatively small footprints and can, when properly developed, operated and marketed, produce attractive returns for the investment. Spicy pickle has earned a reputation for serving delicious culinary inspired food that caters mostly to the daytime working populations in a fast casual atmosphere. We are looking for franchisees who have earned a similar reputation for success in their hometowns and are looking for this type of opportunity. If this describes you we encourage you make application and set up a visit to our Corporate headquarters. Be prepared to present a business plan for the roll out of Spicy Pickle restaurants in your chosen development area. We have in place the infrastructure to assist you from initial financial projections to site selection and lease negotiation to build-out assistance, training, grand opening and ongoing marketing and operational support. We are experienced franchisors and restaurant operators and are looking for franchisee partners to help expand the brand. What we need you to have: * Significant business experience and references, preferably in the retail environment and specifically in restaurant operations. * Sufficient financial strength to open several Spicy Pickle restaurants as locations become available (at least $1 Million dollars of liquidity). * Strong ties to the local community. * A desire to build, own and operate your own business, and entrepreneur. * Enthusiasm and the ability to wake up every day with an opportunistic attitude.