| ||||
Updated RecentlyCianci European Eatery vs Cheba Hut Toasted Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cianci European Eatery vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $356,000 - $508,000 | $575,900 - $939,700 |
| Franchise Fee | $25,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1998 | 1998 |
| Year Franchised | 2005 | 2002 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Ad Templates Social media SEO Website development |
| Operations |
Number of employees needed to run franchised unit: 15 - 15
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Cianci European Eatery
Delectable cuisine born in the bustling, bistros of Europe. A palate nurtured in the healthy eateries of a burgeoning American marketplace. This is the inspiration for Cianci European Eatery. Created by founder Laura Cianci, and opened in 1998, the European Eatery offers customers the unique combination of a sumptuous healthy menu, with the warm and inviting feel of a European bistro. It will offer you one of the most exciting and successful new concepts in the world of franchising today. Cianci European Eatery is a proven concept, with unlimited potential. It will give you the opportunity to build a successful business with a time investment of just 10 hours per day while capturing a profitable niche in a rapidly growing marketplace. We're currently opening new, untapped markets, exclusive territories and great opportunities for the right franchise partners. Don't miss this opportunity to get a taste of a healthy bottom line. Your success is our number one priority. That's why we stand poised to provide you with the systems and resources you'll need to grow a successful operation. We have assembled a top team of experts in operations, training, marketing and development. From the day you begin working with Cianci, through development, grand opening and growth, we'll be there to support your needs and growth.
About Cheba Hut Toasted Subs