Mr. Sub vs Joey Bag a Donuts Franchise Comparison

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

Start-Up Costs and Fees

 
Mr. Sub Franchise
Joey Bag a Donuts Franchise
Investment $160,000$207,700 - $587,800
Franchise Fee $15,000$30,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 19682009
Year Franchised 19722012
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of initial fee-


Business Experience Requirements

 
Mr. Sub Franchise
Joey Bag a Donuts Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
  • -

    Financing Options

     
    Mr. Sub Franchise
    Joey Bag a Donuts 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
    Joey Bag a Donuts Franchise
    Training - On-The-Job Training: up to 5 days Classroom Training: up to 10 days
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates
    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)

    Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6

    Expansion Plans

     
    Mr. Sub Franchise
    Joey Bag a Donuts Franchise
    US Expansion --
    Canada Expansion NoYes
    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 Joey Bag a Donuts

    We specialize in Donuts. Check out our Facebook https://www.facebook.com/donettehoff/ to see a delicious sample.