Tubby's Sub Shops vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Tubby's Sub Shops vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Tubby's Sub Shops Franchise
My Friend's Place Franchise
Investment $112,900 - $293,500$156,650 - $260,400
Franchise Fee $17,500 - $20,000$20,000
Royalty Fee 4%-6%5%
Advertising Fee 4%1%
Year Founded 19681980
Year Franchised 19781980
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Tubby's Sub Shops Franchise
My Friend's Place Franchise
Experience --

Financing Options

 
Tubby's Sub Shops Franchise
My Friend's Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Tubby's Sub Shops Franchise
My Friend's Place Franchise
Training On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store 1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

Marketing National Media Social media -
Operations 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
Tubby's Sub Shops Franchise
My Friend's Place Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion No-

Company Overviews

About Tubby's Sub Shops

Founder Richard Paganes opened the first Tubby's Sub Shop in 1968 in St. Clair Shores, Michigan. The company began franchising in 1978 and has locations in the Midwest and southeastern United States. Tubby's Sub Shop, which began as a family-owned and -operated business, is now public and is based in Roseville, Michigan.

About My Friend's Place

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!'