Jersey Mike's Submarines & Salads vs Tom and Chee Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Tom and Chee including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jersey Mike's Submarines & Salads Franchise
Tom and Chee Franchise
Investment $169,001 - $804,085$302,700 - $456,000
Franchise Fee $18,500$30,000
Royalty Fee 6.5%-
Advertising Fee 5%-
Year Founded 19562012
Year Franchised 19872017
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Jersey Mike's Submarines & Salads Franchise
Tom and Chee Franchise
Experience
  • Restaurant experience
  • -

    Financing Options

     
    Jersey Mike's Submarines & Salads Franchise
    Tom and Chee Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Jersey Mike's Submarines & Salads Franchise
    Tom and Chee Franchise
    Training On-The-Job Training: 360 hours Classroom Training: 40 hours -
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 35% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 10 - 15

    Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Jersey Mike's Submarines & Salads Franchise
    Tom and Chee Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Jersey Mike's Submarines & Salads

    The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike's location. Since it started franchising in 1987, Jersey Mike's has grown to more than 150 franchises.

    Jersey Mike's is one of the biggest and most affordable fast food restaurants and the mobile app delivers the same exciting experience, minus the wait.
    You can quickly browse through all the favorite items on the menu or search by categories including subs, sandwiches, wraps, beverages and desserts, and more.
    Can't find a decent place to stop at on your road trip? Use the app to find the nearest Jersey Mike's and enjoy your favorite meal in no time.
    Get the regular subs and sandwiches or customize them the way you want to.

    Our concept is simple. We provide our customers with the freshest, highest quality sub sandwiches available, prepared right in front of them and served with energy and enthusiasm. Our culture of giving and making a difference in the lives of our customers creates an important bond in the communities we serve. Our business model, which offers a balanced lifestyle, allows our owners the wherewithal to support important causes in their community and the flexibility to have a family life outside the restaurant. Discover how Jersey Mike’s can make a difference in your life.

    "Entrepreneur


    #8 in Franchise 500 for 2020.
    #7 in Franchise 500 for 2021.





    About Tom and Chee

    "Tom

    After expanding to more than 12 locations across seven states,
    Tom & Chee is poised for a new era of rapid growth. With a simplified business model, state-of-the-art training and technology, a new menu and restaurant design, and new leadership with over 50+ years in the franchise industry, Tom & Chee is ready to welcome passionate franchisees who want to own a business that brings joy and love to their communities. Here’s why Tom & Chee stands out as a wise sandwich & grilled cheese franchise investment:

    Tom & Chee is creating a new category within the sandwich space,” says Roger David, CEO & President of Tom & Chee. “There’s something really special about our brand. We’re changing the game with our sandwich & grilled cheese franchise. It’s new, but also nostalgic. When our customers taste our food they think of Mom. They think of childhood with grilled cheese sandwiches and tomato soup. We have created such a unique menu, with wonderful recipes and food made fresh in-house, and now we have a robust culture of franchise support that is going to take Tom & Chee to the next level. We’re looking for franchisees who are food-centric. If you love food, love people and love community, then you should be a part of a Tom & Chee.”

    The estimated initial investment necessary to begin operation of a Tom & Chee Restaurant franchise ranges from $302,700 to $456,000. This includes $30,000 (if this is the first Tom & Chee franchise you have purchased), $15,000 (if this is your second, third or fourth Tom & Chee franchise you have purchased) or $5,000 (if this is your fifth or greater Tom & Chee franchise you have purchased) that must be paid to the franchisor. The estimated initial investment does not include real estate, related improvement costs or tenant improvement allowances.