|
Below is an in-depth analysis and side-by-side comparison of Jerry's Subs & Pizza vs City Bites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $250,000 - $350,000 | $186,500 - $394,500 |
Franchise Fee | $25,000 | $15,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | 1% |
Year Founded | 1954 | 1986 |
Year Franchised | 1980 | 2007 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | $25K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | C.B. Franchise Systems comprises a wealth of experienced restaurant professionals committed to your success. We provide franchisees a turn key solution beginning with a thorough management training program and opening and ongoing operational support. We provide proprietary products like our famous made from scratch cookies as well as marketing materials. We offer third party resources with experienced restaurant professionals in the following fields: real estate acquisition and negotiation services, information technology, and corporate services including payroll processing, insurance, benefits and accounting. Our efforts are focused to make your venture successful and profitable. We look forward to meeting you and beginning the journey of a rewarding and profitable partnership. |
Marketing | Co-op advertising | - |
Operations |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
The first Jerry's Subs opened in Wheaton, Maryland, in 1954, selling over-stuffed submarine sandwiches and New York-style pizza. Since it started franchising in 1980, the company has grown to include locations along the East Coast, as well as in the Caribbean and Central America.
After 21 years of company growth, City Bites is now offering a unique opportunity to a select number of franchisees seeking to develop our proven brand in new markets. City Bites is positioned as an upscale sandwich restaurant in the fast growth quick casual restaurant segment and features an attractive investment model that is easily replicated with the experienced organization of food service professionals at C.B. Franchise Systems. As your partner, we are committed to your development as a successful and profitable City Bites franchisee.