Mr. Sub vs Cheba Hut Toasted Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Mr. Sub vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Mr. Sub Franchise
Cheba Hut Toasted Subs Franchise
Investment $160,000$575,900 - $939,700
Franchise Fee $15,000$40,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 19681998
Year Franchised 19722002
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of initial fee-


Business Experience Requirements

 
Mr. Sub Franchise
Cheba Hut Toasted Subs Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
  • For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process.

    Financing Options

     
    Mr. Sub Franchise
    Cheba Hut Toasted Subs Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/Yes
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support

     
    Mr. Sub Franchise
    Cheba Hut Toasted Subs Franchise
    Training -On-The-Job Training: 84 hours Classroom Training: 84 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates Social media SEO Website development
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20

    Expansion Plans

     
    Mr. Sub Franchise
    Cheba Hut Toasted Subs Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Mr. Sub

    The first Mr. Sub restaurant opened in Toronto, Ontario in March of 1968. Right from the start, the concept was simple: sell quality subs, make them fresh, and serve them fast. And above all, give customers value for their money. A lot has changed since then. Our menu has grown to include salads, wraps, soup, fresh baked bread and more. Today, there are over 520 restaurants from coast to coast, and Mr. Sub is still owned by the founding partners. Lots of things have changed over the years, but every franchisee remains committed to our original concept of quality and freshness. That thinking was what brought people to our restaurants back in the 60's, and it continues to create new customers today.

    "Top

    #38 in Canada's Top franchises.

    About Cheba Hut Toasted Subs

    Cheba Hut is a "Toasted" sub concept that has been curing munchies since 1998. Our Huts not only tout the best bread in the business, but our foodies "Flip the Bird" to the establishment with our homegrown food, our relaxed environment and our amazing employees; who actually enjoy rollin in our joint.
    Over the past 20 years, we have seen steady growth and today our Huts can be found in over 20 locations, across 7 states.
    Cheba Hut is the quintessential "anti-Corporation”. Since 1998, we have broken the mold of mundane fast-casual concepts and set ourselves apart by becoming the first cannabis-themed "joint”.
    Veteran Incentives  10% off franchise fee