Sub Station II vs My Friend's Place Franchise Comparison

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

Start-Up Costs and Fees
 
Sub Station II Franchise
My Friend's Place Franchise
Investment $188,500 - $357,000$156,650 - $260,400
Franchise Fee $20,000$20,000
Royalty Fee 4%5%
Advertising Fee -1%
Year Founded 19751980
Year Franchised 19761980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Sub Station II Franchise
My Friend's Place Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Sub Station II Franchise
    My Friend's Place Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Sub Station II Franchise
    My Friend's Place Franchise
    Training -1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 25% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8

    Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

    		Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    Sub Station II Franchise
    My Friend's Place Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Sub Station II

    Quality Food. Great Prices. Since 1975, Sub Station II has been striving to serve our customers a fresh, delicious, and healthy product. We were founded on the simple belief of making fresh food fast, and customized to fit your tastes. Each one of our sandwiches is sliced to order and piled high right before your eyes, with our produce prepared fresh daily. Today, Sub Station II has more than 40 locations spread throughout 5 states in the Southeast. With Sub Station II’s recipe for success and reinvigorated corporate team, it’s beginning to move in a direction that will undoubtedly make it one of the major sub sandwich chains in the future. With today’s fast paced lifestyles, more and more people are eating out than ever before. While the number of restaurants and choices have increased over the years, not all of them have the same relentless drive for quality as Sub Station II. We're here to make sure that you and your family have a quality dining experience at all of our locations, all of the time.

    About My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'