|
Below is an in-depth analysis and side-by-side comparison of San Francisco Oven vs Jerry's Subs & Pizza including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $474,100 - $807,300 | $250,000 - $350,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 2001 | 1954 |
Year Franchised | 2003 | 1980 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | - | $25K |
Business Experience Requirements |
||
Experience | ||
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising |
Operations |
Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
San Francisco Oven™ offers franchise development opportunities in the following states: Alabama Florida Kentucky Minnesota New York South Carolina West Virginia Arkansas Georgia Louisiana Mississippi North Carolina Tennessee Wisconsin Connecticut Indiana Massachusetts Missouri Ohio Texas Delaware Iowa Michigan New Jersey Pennsylvania Virginia
Each area developer is required to operate in a market area that will support a minimum of three (3) San Francisco Oven™ restaurants, and must commit to opening each restaurant within the territory no less frequently than one unit every 12-18 months. In certain markets some single units will be awarded.
The first Jerry's Subs opened in Wheaton, Maryland, in 1954, selling over-stuffed submarine sandwiches and New York-style pizza. Since it started franchising in 1980, the company has grown to include locations along the East Coast, as well as in the Caribbean and Central America.