|
Below is an in-depth analysis and side-by-side comparison of Dagwood's Sandwich Shop 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 | $200,000 - $250,000 | $575,900 - $939,700 |
Franchise Fee | $20,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 2% |
Year Founded | 2006 | 1998 |
Year Franchised | 2006 | 2002 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 84 hours Classroom Training: 84 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Dagwood's Sandwich Shoppes LLC, a privately owned restaurant franchise
company headquartered in Clearwater, Fla. and New Orleans, is the
brainchild of "Blondie" comic strip creator Dean Young and longtime
restaurant franchise executive and author Lamar Berry. Organized in
2006, it sells exclusive market partner territories representing 40 - 75
individual restaurant franchise units. Dagwood's Sandwich Shoppes
have the fun, entertaining and universal appeal of the comic strip and,
like the strip, they will offer guests the opportunity to suspend
disbelief and step into a fun, wholesome, comic strip world. Dagwood's
will feature more than 30 delicious sandwiches on the menu including
Dagwood's Signature Sandwiches - plus soups and salads - made from the
world's tastiest meats, unique breads and distinctive condiments.