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Below is an in-depth analysis and side-by-side comparison of Zero's Subs vs Original SoupMan, The including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $150,000 - $250,000 | $79,500 - $198,500 |
Franchise Fee | $15,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | - | - |
Year Founded | 1967 | 1984 |
Year Franchised | 1996 | 2005 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | 10% of current franchise fee | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media | - |
Operations |
Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
In 1967, Gene Schmidt started ZERO'S SUBS. Zero’s Subs is one of the largest regional sandwich franchises in the U.S. with more than 30 restaurants nationally. Since its inception in Virginia Beach in 1967, Zero’s Subs has created a proven fast, casual concept which offers high-quality foods, such as hot oven-baked subs, hearth-baked bread, Hormel meats, buffalo chicken wings, innovative health-conscious salads, wraps and pizza - all under one roof.
In 1984, The Original SoupMan opened its doors at 55th Street & 8th Avenue in Manhattan. The tiny storefront quickly became a worldwide destination. Rated #1 by Zagat and praised by the New York Times as "Art, not Soup", it set the standard for innovation and excellence long before the famous Seinfeld episode made it a cultural icon. The Company's franchise operations include highly visible locations in the Mohegan Sun Casinos and more.