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Below is an in-depth analysis and side-by-side comparison of Atlanta Bread Company 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 | $629,700 - $806,300 | $197,000 - $340,000 |
Franchise Fee | $40,000 | $20,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 4% |
Year Founded | 1993 | 1996 |
Year Franchised | 1995 | 2002 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $30K | - |
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, Regional advertising | - |
Operations |
65% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 18
Absentee ownership of franchise is NOT allowed. (70% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |