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Updated RecentlyLocos Grill & Pub vs Jon Smith Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Locos Grill & Pub vs Jon Smith 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 | $575,400 - $1,960,000 | $309,500 - $887,760 |
| Franchise Fee | $35,000 | $39,500 |
| Royalty Fee | 4% | 6% |
| Advertising Fee | - | 3% |
| Year Founded | 1988 | 1988 |
| Year Franchised | 1997 | 2007 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | - | $1K |
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 | -/Yes |
| Start-up Costs | No/No | -/Yes |
| Equipment | No/No | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
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| Training | - | On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing store |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops 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 slicks, National media, Regional advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Locos Grill & Pub
A lot of us grow up dreaming maybe we could own our own business one day. And a lot of us think about how fun it could be if that business was a restaurant. What keeps us from executing that dream? Money?
Not knowing where to start? Not understanding what to do first, last and everything in between?
Stop dreaming and take action! Become an owner/operator of Locos Grill & Pub.
We will walk you through the entire process from site selection to design hiring and training a staff and be right beside you when you open and get comfortable being your own boss!
With 33 years of experience, why would you go anywhere else?We LOVE what we do and invite you to be a part of the hospitality industry that is the backbone of country
At Locos Grill & Pub, our goal is to provide each customer with a superior product, quality service and complete satisfaction. This philosophy also extends to our Franchise Owners. Locos Grill & Pub restaurant franchise offers a great opportunity for an investment, a career, or both.
As a Locos Franchise Owner you will benefit from being part of a brand that has exhibited steady growth and success in a wide range of markets. When you become a Locos Franchise Owner, you become part of our family and receive extensive support from an amazing organization. Locos Franchise Company is backed by a talented team of individuals with a broad range of experience in the restaurant and franchise industry. We provide a comprehensive 10-week training program prior to opening, as well as pre-opening and post-opening employee training and assistance.
A cornerstone of our concept is our on-going support program. We provide assistance to you 24 hours a day, 7 days a week. The Locos Grill & Pub management team has combined over 100 years of experience in the operation of successful restaurants and will provide on-going support to franchise restaurant owners.
About Jon Smith Subs
Sometimes it seems that everyone sells the “highest quality food at the lowest price.” But saying it doesn’t make it so. I, Jon Smith, am totally committed to providing the best quality food and service for my customers. Look at our food, look at our stores, look at our employees and see our commitment. At Jon Smith Subs, quality is our only deal.
The total investment necessary to begin operation of a Jon Smith Subs
Restaurant is from $309,500 to $615,790. These amounts include $134,500
to $213,790 that you must pay to the franchisor and its affiliates.
The total investment necessary to begin operation of a Jon Smith Subs
Restaurant as a developer under the Multi-Unit Development Agreement is
from $370,500 to $887,760 for five restaurants. These amounts include
$194,500 to $677,290 that you must pay to the franchisor and its
affiliates.