Mr. Sub vs The Carving Board Franchise Comparison

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

Start-Up Costs and Fees
 
Mr. Sub Franchise
The Carving Board Franchise
Investment $160,000$314,500 - $621,500
Franchise Fee $15,000$35,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19682012
Year Franchised 19722016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of initial fee-


Business Experience Requirements
 
Mr. Sub Franchise
The Carving Board Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
    		• A great franchise candidate for The Carving Board is not necessarily just someone who has food experience, although that could be a plus. The company is looking for people who are driven, willing to commit to the brand and want to be part of something bigger. Franchisees need the necessary capital to open a location, the willingness to learn and the ability to follow a proven system.

    Financing Options
     
    Mr. Sub Franchise
    The Carving Board 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
    The Carving Board 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
    The Carving Board Franchise
    US Expansion -Yes
    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 The Carving Board

    The Carving Board is the bold answer to the classic sandwich joint. Ushering in a fresh era of industrial décor, today’s music, hand selected ingredients and over 50 different sandwich combinations, we are setting the new sandwich standard.


    Proprietary and proven operating systems and procedures
    POS system that helps you manage the business efficiently to maximize profits
    Inventory software to manage costs and minimize waste
    Exceptional training to achieve consistency in profitability, operations and practices
    Ongoing support, systems, and menu changes to keep up with current trends in the market.