Hogi Yogi vs Cheba Hut Toasted Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hogi Yogi vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Hogi Yogi Franchise
Cheba Hut Toasted Subs Franchise
Investment $108,000 - $452,000$575,900 - $939,700
Franchise Fee $25,000 - $30,000$40,000
Royalty Fee 6%6%
Advertising Fee -2%
Year Founded 19891998
Year Franchised 19932002
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Hogi Yogi Franchise
Cheba Hut Toasted Subs Franchise
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

 
Hogi Yogi Franchise
Cheba Hut Toasted Subs Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Hogi Yogi Franchise
Cheba Hut Toasted Subs Franchise
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

 
Hogi Yogi Franchise
Cheba Hut Toasted Subs Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Hogi Yogi

 
In 1989, Mike Clayton, organizer of Hogi Yogi®, perceived the market capability of two prominent nourishment sections in the fast food industry: submarine (hoagie) sandwiches and solidified yogurt. Mike is an alum of Brigham Young University with a Masters in Accounting and had labored for a long time with a Big Six bookkeeping firm. Mike says, "By then in my life- - I was 27- - I chose I needed to go into the fast-food industry, yet it wasn't until I'd done a considerable measure of research that I realized what it ought to be."

The introduction of the "Hogi" and "Yogi"

He had a companion whose father had concocted a sweet machine that utilized normal solidified yogurt without including air or sugar. The outcomes possessed a flavor like dessert and had the surface and appearance of frozen yogurt, yet had the nutritious estimation of solidified yogurt. Mike and a couple of financial specialists experienced many names until one Sunday at the family supper table, somebody made a joke about his "hogis and yogis", and the name stuck. "At to begin with, everybody thought it was entertaining and a couple likely thought about whether we were not kidding," says Mike, "Yet it's something individuals recall. It's been a decent decision."

The First Restaurant

The principal eatery was implicit the Northern Utah town of Logan. Eateries in Provo, Orem, and West Valley City took after, and business kept on climbing. A long time of research and work went into the couple of eateries before diversifying began - building up the thought happened amid these years.

Diversifying and the Future

Diversifying began in 1993. Right now, there are more than 70 eateries in Utah, California, Idaho, Arizona, Nevada, Texas, and North Dakota. Our present objective is to open one beneficial eatery at once.

Turn into a part of our group!

Much obliged to you for your enthusiasm for our Hogi Yogi/Teriyaki Stix establishment opportunity! Right now, we are redesigning our Franchise Disclosure Document (FDD). This implies we are presently not able to investigate our establishment opportunity with you because of FTC directions. We envision the procedure will be finished in two or three months. In the event that you take after the connection underneath and round out the frame, we will be in touch when our records are prepared. Much obliged to you for your enthusiasm for a Hogi Yogi or Teriyaki Stix establishment. We anticipate talking with you!


About Cheba Hut Toasted Subs

Cheba Hut is a "Toasted" sub concept that has been curing munchies since 1998. Our Huts not only tout the best bread in the business, but our foodies "Flip the Bird" to the establishment with our homegrown food, our relaxed environment and our amazing employees; who actually enjoy rollin in our joint.
Over the past 20 years, we have seen steady growth and today our Huts can be found in over 20 locations, across 7 states.
Cheba Hut is the quintessential "anti-Corporation”. Since 1998, we have broken the mold of mundane fast-casual concepts and set ourselves apart by becoming the first cannabis-themed "joint”.
Veteran Incentives  10% off franchise fee