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Updated RecentlyCheba Hut Toasted Subs vs Tom and Chee Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Cheba Hut Toasted Subs vs Tom and Chee including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $575,900 - $939,700 | $302,700 - $456,000 |
| Franchise Fee | $40,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1998 | 2012 |
| Year Franchised | 2002 | 2017 |
| 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 | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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
About Tom and Chee
!["Tom]("https://fddexchange.com/wp-content/uploads/2020/02/Tom-and-Chee.png")
After expanding to more than 12 locations across seven states,
Tom & Chee is poised for a new era of rapid growth. With a simplified
business model, state-of-the-art training and technology, a new menu and
restaurant design, and new leadership with over 50+ years in the
franchise industry, Tom & Chee is ready to welcome passionate
franchisees who want to own a business that brings joy and love to their
communities. Here’s why Tom & Chee stands out as a wise sandwich & grilled cheese franchise investment:
- An innovative, playful menu unlike anything else in the trending sandwich industry
- Tremendous national brand recognition from appearances on Shark Tank and other national media
- Exceptional support from leadership team with 50+ years of experience
- A low-cost investment with tremendous profit potential
- A straightforward business model makes owning a Tom & Chee easier than ever before
“Tom & Chee is creating a new category within the sandwich space,” says
Roger David, CEO & President of Tom & Chee. “There’s something
really special about our brand. We’re changing the game with our
sandwich & grilled cheese franchise. It’s new, but also nostalgic.
When our customers taste our food they think of Mom. They think of
childhood with grilled cheese sandwiches and tomato soup. We have
created such a unique menu, with wonderful recipes and food made fresh
in-house, and now we have a robust culture of franchise support that is
going to take Tom & Chee to the next level. We’re looking for
franchisees who are food-centric. If you love food, love people and love
community, then you should be a part of a Tom & Chee.”
The estimated initial investment necessary to begin operation of a Tom & Chee Restaurant franchise ranges from $302,700 to $456,000. This
includes $30,000 (if this is the first Tom & Chee franchise you have
purchased), $15,000 (if this is your second, third or fourth Tom & Chee franchise you have purchased) or $5,000 (if this is your fifth or
greater Tom & Chee franchise you have purchased) that must be paid to
the franchisor. The estimated initial investment does not include real
estate, related improvement costs or tenant improvement allowances.