|
Below is an in-depth analysis and side-by-side comparison of Captain Tony's vs The Wow! What a Sub!! Boyz Subs & Steaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $197,550 - $389,800 | $187,500 - $249,000 |
Franchise Fee | $10,000 - $20,000 | $17,500 |
Royalty Fee | 4.5% w/cap | 4% |
Advertising Fee | 2% | - |
Year Founded | 1972 | 1990 |
Year Franchised | 1985 | 2004 |
Term Of Agreement | 20 years | 20 years |
Term Of Agreement | 20 years | 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/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/Yes |
Payroll | No/Yes | No/Yes |
Training & Support |
||
Training | On-The-Job Training: up to 168 hours | - |
Support | Purchasing Co-ops Toll-Free Line Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Grand opening, Security/safety procedures, Field operations/evaluations |
Marketing | Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Absentee Ownership Allowed
Number of employees needed to run franchised unit: 5 - 10
100% of current franchisees are owner/operators |
Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | No |
Michael J. Martella always believed his father's pizza was the best in the world. When the elder Martella, Antonio, opened the first Captain Tony's Pizza & Pasta Emporium in 1972, everyone in the family pitched in. When Michael graduated from college and began a career as a stockbroker, the pizzas he tried as he traveled around the country just didn't measure up to his father's. Realizing they had a superior product and concept, Michael tried to convince his father to expand the company, but Antonio wasn't interested. In 1987, Michael founded Captain Tony's Inc. and began franchising the restaurant. Each Captain Tony's location serves a variety of entrre and dessert pizzas, submarine sandwiches, pastas and salads. The franchise has restaurants in Great Britain as well as the United States.
Seeking new franchisees throughout the U.S. , Asia, Canada, Central America, Middle East, Mexico, Philippines, South America and Western Europe
NO LONGER FRANCHISING
In 1989, two business visionaries restless to construct an independent venture acknowledged there was a clear requirement for a sub/sandwich shop that exemplified quality. In view of this the idea is offer just crisp cut meats and cheeses just before your eyes and permitting every client to see their sandwich made to their own inclination.
For more than 20 years and serving more than one million clients, organizers Ken Mark still yearning to bring each client unprecedented subs and steaks day by day. Stop in today and appreciate a really awesome sub or steak of your decision.