Mr. Sub vs Hogi Yogi Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Sub Franchise
Hogi Yogi Franchise
Investment $160,000$108,000 - $452,000
Franchise Fee $15,000$25,000 - $30,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19681989
Year Franchised 19721993
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of initial fee-


Business Experience Requirements
 
Mr. Sub Franchise
Hogi Yogi Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
    		• -

    Financing Options
     
    Mr. Sub Franchise
    Hogi Yogi Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Mr. Sub Franchise
    Hogi Yogi Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-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)

    		-

    Expansion Plans
     
    Mr. Sub Franchise
    Hogi Yogi Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Hogi Yogi

     
    In 1989, Mike Clayton, organizer of Hogi Yogi®, perceived the market capability of two prominent nourishment sections in the fast food industry: submarine (hoagie) sandwiches and solidified yogurt. Mike is an alum of Brigham Young University with a Masters in Accounting and had labored for a long time with a Big Six bookkeeping firm. Mike says, "By then in my life- - I was 27- - I chose I needed to go into the fast-food industry, yet it wasn't until I'd done a considerable measure of research that I realized what it ought to be."

    The introduction of the "Hogi" and "Yogi"

    He had a companion whose father had concocted a sweet machine that utilized normal solidified yogurt without including air or sugar. The outcomes possessed a flavor like dessert and had the surface and appearance of frozen yogurt, yet had the nutritious estimation of solidified yogurt. Mike and a couple of financial specialists experienced many names until one Sunday at the family supper table, somebody made a joke about his "hogis and yogis", and the name stuck. "At to begin with, everybody thought it was entertaining and a couple likely thought about whether we were not kidding," says Mike, "Yet it's something individuals recall. It's been a decent decision."

    The First Restaurant

    The principal eatery was implicit the Northern Utah town of Logan. Eateries in Provo, Orem, and West Valley City took after, and business kept on climbing. A long time of research and work went into the couple of eateries before diversifying began - building up the thought happened amid these years.

    Diversifying and the Future

    Diversifying began in 1993. Right now, there are more than 70 eateries in Utah, California, Idaho, Arizona, Nevada, Texas, and North Dakota. Our present objective is to open one beneficial eatery at once.

    Turn into a part of our group!

    Much obliged to you for your enthusiasm for our Hogi Yogi/Teriyaki Stix establishment opportunity! Right now, we are redesigning our Franchise Disclosure Document (FDD). This implies we are presently not able to investigate our establishment opportunity with you because of FTC directions. We envision the procedure will be finished in two or three months. In the event that you take after the connection underneath and round out the frame, we will be in touch when our records are prepared. Much obliged to you for your enthusiasm for a Hogi Yogi or Teriyaki Stix establishment. We anticipate talking with you!