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Below is an in-depth analysis and side-by-side comparison of San Francisco Oven vs Silver Mine Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $474,100 - $807,300 | $197,000 - $340,000 |
Franchise Fee | $25,000 | $20,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 4% |
Year Founded | 2001 | 1996 |
Year Franchised | 2003 | 2002 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs� franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks, National media, Regional 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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | 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.