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Below is an in-depth analysis and side-by-side comparison of Capt. Sub vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $120,000 - $160,000 | $156,650 - $260,400 |
Franchise Fee | $20,000 | $20,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | 1% |
Year Founded | 1972 | 1980 |
Year Franchised | 1972 | 1980 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
Support | - | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
Marketing | - | - |
Operations | - | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | - |
International Expansion | - | - |
"The Toast Masters!"
Capt. Sub is the right concept at the right time.
The sandwich category is exploding in foodservice and Capt. Sub is poised to offer customers what they are looking for - value, quality products, served hot and fresh.
Since our inception on Kent Street in Charlottetown back in 1972, over the past 5 decades Capt. Submarine has become known as THE authentic Atlantic Canadian sub franchise. You’ll find the proof right there on top of our freshly baked breads; we offer the kinds of flavours and recipes that Atlantic Canadians love.The Captain Submarine is considered, by industry standards, a low investment compared to many other similar systems. The Capt. Sub brand franchise offers a good return on investment for successful operators. Grinner's Food Systems Limited has been franchising in Canada for over 25 years. Based in Atlantic Canada, their executives are well versed in what Canadians want. Grinner's has one of the largest franchise service infrastructure systems in Eastern Canada with over 30 people at Head Office, always available to assist you in your day-to-day operations. Grinner's offers volume purchasing, quality professional marketing materials and operational expertise that are second to none in the Canadian Foodservice arena. Grinner's Food Systems Limited is the Franchisor of the highly successful 159-unit Greco Pizza Restaurant chain.
A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'