Subway vs Tom and Chee Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Subway vs Tom and Chee including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Subway Franchise
Tom and Chee Franchise
Investment $139,550 - $342,400$302,700 - $456,000
Franchise Fee $15,000$30,000
Royalty Fee 8%-
Advertising Fee 4.5%-
Year Founded 19652012
Year Franchised 19742017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee none-


Business Experience Requirements
 
Subway Franchise
Tom and Chee Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Subway Franchise
    Tom and Chee Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment Yes/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Subway Franchise
    Tom and Chee Franchise
    Training On-The-Job Training: 33 hours Classroom Training: 62 hours Additional Training: Training available in Australia, China, Germany, India, Montreal, Canada & Miami -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform-
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app-
    Operations 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8-12

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Subway Franchise
    Tom and Chee Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Subway

    In 1965, 17-year-old Fred DeLuca and family companion Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut. With a credit from Buck for just $1,000, DeLuca trusted the modest sandwich shop would procure enough to put him through school. In the wake of battling through the initial couple of years, the organizers changed the organization's name to Subway and started diversifying in 1974. Offering a new, solid contrasting option to fast-food eateries, Subway has establishments all through the United States and in a few nations, with areas in customary and nontraditional locales alike.

    In contrast with different rivals in the fast food industry, where franchisees need to pay millions, - for example, McDonald's ($1-2 million) and KFC ($1.3-2.5 million), investors in Subway need to pay just a portion of that.

    The total investment is an estimated $150,050 - $328,700 in the United States and $102,000 to $234,000 in Canada.

    Veteran Incentives  Franchise fee waived if opening on a military/government location; 50% off franchise fee if opening on non-government location but receiving government financing
    "Top    ""
    #2 on Canada's top franchises 2020.
    #107 in Franchise 500 for 2020.







    About Tom and Chee

    "Tom

    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:

    “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.