|
Below is an in-depth analysis and side-by-side comparison of Firehouse Subs vs Sandwich Tree Restaurants including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $57,502 - $868,696 | $90,000 - $120,000 |
Franchise Fee | $20,000 | $10,000 - $17,500 |
Royalty Fee | 6% | 5% |
Advertising Fee | 3-5% | 3% |
Year Founded | 1994 | 1978 |
Year Franchised | 1995 | 1979 |
Term Of Agreement | - | 5 years +5 |
Term Of Agreement | - | 5 years +5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | Headquarters 2 Weeks |
Support | - | Central Data Processing: At Additional Cost Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Inventory Control Franchisee Newsletter Regional or National Meetings 800 Telephone Hotline |
Marketing | - | - |
Operations | - | Average Number of Employees: 4 Full-time, 7 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | Yes | Yes |
International Expansion | Yes | - |
Our extraordinary steaming procedure stirs our exceptional meats and cheeses. At the point when our sub sandwiches are served in eateries highlighting genuine firefighting stylistic layout, this is a blend people return for over and over.
Spreading Like Wildfire
Surpassing 1,000 establishment areas, our Firehouse Subs development is deliberately figured to improve potential, gain, speculation, and obviously, our franchisees' prosperity.
Operational Excellence
The challenges and rewards of operating your own business are like no other. Franchising will not reduce the fear of taking the next step into operating a business. It will not reduce the time and effort necessary to create success. What franchising offers is a business format that allows you to capitalize on the results of others. It affords the opportunity to be fully equipped to launch and grow within a proven concept. Sandwich tree provides a full service of tools, training, and support to compliment your efforts. The level of independence and success you achieve will be up to you. The benefits associated with Sandwich Tree and the information needed to make an informed decision about your business future are available for the asking. For further information, simply call 604-220-4566