Jersey Mike's Submarines & Salads vs Tropical Smoothie Cafe Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Tropical Smoothie Cafe including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jersey Mike's Submarines & Salads Franchise
Tropical Smoothie Cafe Franchise
Investment $169,001 - $804,085$198,500 - $543,500
Franchise Fee $18,500$30,000
Royalty Fee 6.5%6%
Advertising Fee 5%3%
Year Founded 19561997
Year Franchised 19871998
Term Of Agreement 10 years15 years
Term Of Agreement 10 years15 years
Renewal Fee --


Business Experience Requirements

 
Jersey Mike's Submarines & Salads Franchise
Tropical Smoothie Cafe Franchise
Experience
  • Restaurant experience
  • Hands on management preferred, restaurant experience preferred (but not required), ability to follow a business system, financial capabilities, general business acumen, ability to work well in a team environment, and passion!!!

    Financing Options

     
    Jersey Mike's Submarines & Salads Franchise
    Tropical Smoothie Cafe 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/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Jersey Mike's Submarines & Salads Franchise
    Tropical Smoothie Cafe Franchise
    Training On-The-Job Training: 360 hours Classroom Training: 40 hours We believe in setting up our franchisees for success. We provide the following training: four-week training program, consisting of two weeks in a nearby Cafe, one week in a classroom setting at our Support Center in Atlanta, Georgia and one week onsite for your Grand Opening.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10 - 15

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

    Tropical Smoothie Cafe has a very simple business operation since we do not utilize any fryers, grills, hooding systems or serve alcohol in the cafe.

    Absentee Ownership Allowed

    Number of Employees Required to Run: 10 - 20


    Expansion Plans

     
    Jersey Mike's Submarines & Salads Franchise
    Tropical Smoothie Cafe Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Jersey Mike's Submarines & Salads

    The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike's location. Since it started franchising in 1987, Jersey Mike's has grown to more than 150 franchises.

    Jersey Mike's is one of the biggest and most affordable fast food restaurants and the mobile app delivers the same exciting experience, minus the wait.
    You can quickly browse through all the favorite items on the menu or search by categories including subs, sandwiches, wraps, beverages and desserts, and more.
    Can't find a decent place to stop at on your road trip? Use the app to find the nearest Jersey Mike's and enjoy your favorite meal in no time.
    Get the regular subs and sandwiches or customize them the way you want to.

    Our concept is simple. We provide our customers with the freshest, highest quality sub sandwiches available, prepared right in front of them and served with energy and enthusiasm. Our culture of giving and making a difference in the lives of our customers creates an important bond in the communities we serve. Our business model, which offers a balanced lifestyle, allows our owners the wherewithal to support important causes in their community and the flexibility to have a family life outside the restaurant. Discover how Jersey Mike’s can make a difference in your life.

    "Entrepreneur


    #8 in Franchise 500 for 2020.
    #7 in Franchise 500 for 2021.





    About Tropical Smoothie Cafe

    Tropical Smoothie Cafe offers genuine natural product smoothies, wraps, sandwiches, flatbreads, and servings of mixed greens. Our more beneficial decisions are what today's customers request and search out. Maybe that is the reason in 2015, the main half of our franchisees had normal gross offers of $806,920*.

    Our main goal is to motivate a more beneficial way of life by serving astounding smoothies and nourishment with a touch of tropical fun. On the off chance that you play to win, contribute well and turn into a Tropical Smoothie Cafe Franchise Owner at this point!

    *Based on date-book year 2015, 77 of 359, or 21.4%, of the Cafes picked up or outperformed this business level. This data shows up in Item 19 of our Franchise Disclosure Document. Your outcomes may vary. There is no confirmation that you will do also.

    The total investment necessary to begin operation of a single-unit Tropical Smoothie Cafe franchise ranges from $198,500 to $543,500. This range includes $37,500 that must be paid to the franchisor, consisting of a franchise fee of $30,000 and a grand opening marketing contribution of $7,500.
    If a franchisee chooses to develop multiple units, a $20,000 franchise fee must be paid to the franchisor for the second and each additional unit.
    Veteran Incentives  50% off franchise fee
    "Top               "Entrepreneur
    #3 in Gator's Top franchises.
    #18 in Franchise 500 for 2020.
    #14 in Franchise 500 for 2021.