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Below is an in-depth analysis and side-by-side comparison of Joey Bag a Donuts vs Jon Smith 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 | $207,700 - $587,800 | $309,500 - $887,760 |
| Franchise Fee | $30,000 | $39,500 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 3% |
| Year Founded | 2009 | 1988 |
| Year Franchised | 2012 | 2007 |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | $1K |
Business Experience Requirements |
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| Experience | - | - |
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: up to 5 days Classroom Training: up to 10 days | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing store |
| Support | Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | Yes | No |
| International Expansion | - | Yes |
We specialize in Donuts. Check out our Facebook https://www.facebook.com/donettehoff/ to see a delicious sample.