|
Below is an in-depth analysis and side-by-side comparison of F&M Deli Express vs Big Mike's Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $145,000 - $285,000 | N/A |
Franchise Fee | $30,000 | N/A |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1968 | - |
Year Franchised | 2005 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | 50% of then franchise fee | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising | - |
Operations |
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Big Mike's changed it's name to Milio’s. Big Mike's website is offline.
Big Mike's Facebook is online.
https://www.facebook.com/BigMikesPhillySteaksAndSubs