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Below is an in-depth analysis and side-by-side comparison of Thundercloud Subs vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $65,000 - $90,000 | $575,900 - $939,700 |
Franchise Fee | $10,000 | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | 1975 | 1998 |
Year Franchised | 0 | 2002 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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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 |
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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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
ThunderCloud Subs, a neighborhood sub shop with a rich tradition of good natured people serving FRESH, FAST & HEALTHY food in a great atmosphere. We started ThunderCloud in 1975 with a simple yet logical philosophy of selling a fresh meal at a reasonable price and we proudly maintain that same course today! IT'S ALL IN THE INGREDIENTS...We slice all our meats, cheeses and produce daily. We prepare our spreads from scratch every day. We have our bread made from scratch and delivered every morning and we choose only the finest ingredients. When you come into a ThunderCloud Sub Shop, you'll experience the creation of a great sandwich! Our People The ThunderCloud sandwich artists are notoriously good natured and famously talented. We take pride in a job well done. We believe in team work, doing a little bit more than our fair share and having fun both on and off the job. Though we have plenty of company policies to help keep the "machine" running smoothly, we think we allow enough liberties to foster individualism, self-esteem and self-pride. Our Community Each year, ThunderCloud sponsors some of the most engaging events that bring the Austin community together for meaningful causes. We have been a FRESH, FAST & HEALTHY part of Austin for 30 years. Being uniquely Austin means giving more, too! We dedicate half of our annual marketing effort to support local non-profit groups like Caritas of Austin. We believe in supporting organizations dedicated to creating a better Austin. ThunderCloud has proudly donated over $750,000 to Caritas and last year contributed $176,500. Our HomeThunderCloud is proud to be an engrained part of the Austin community. We're at home here in Austin, just like much of Austin feels comfortable and at home when they're in one of our shops.