Jersey Mike's Submarines & Salads vs The Carving Board Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs The Carving Board 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
The Carving Board Franchise
Investment $169,001 - $804,085$314,500 - $621,500
Franchise Fee $18,500$35,000
Royalty Fee 6.5%-
Advertising Fee 5%-
Year Founded 19562012
Year Franchised 19872016
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jersey Mike's Submarines & Salads Franchise
The Carving Board Franchise
Experience
  • Restaurant experience
  • 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

     
    Jersey Mike's Submarines & Salads 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/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Jersey Mike's Submarines & Salads Franchise
    The Carving Board Franchise
    Training On-The-Job Training: 360 hours Classroom Training: 40 hours -
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    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)

    -

    Expansion Plans

     
    Jersey Mike's Submarines & Salads Franchise
    The Carving Board Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    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 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.