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Below is an in-depth analysis and side-by-side comparison of Vivanty's Kitchen 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 | $165,000 - $185,000 | $575,900 - $939,700 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | - | 1998 |
Year Franchised | - | 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 | - | - |
At Vivanty's, we utilize eco-friendly materials in the construction of our venues and in our daily operations. We choose to be a leader in the convenience food market, setting new standards by minimizing our environmental footprint with the use of biodegradable and recycled materials, and an efficient waste management system. We partner with Earth-friendly charitable organizations, and we believe that our efforts will make a positive difference to our planet.Vivanty's Kitchen is a turn-key franchise business with low start-up costs. On joining Vivanty's franchise team, you will benefit from our operational standards and procedures, under the guidance of our highly experienced management team. You will be provided with our support in the areas of: � marketing � operations � training � real estate development � financing assistance The future is green.