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Below is an in-depth analysis and side-by-side comparison of The Wow! What a Sub!! Boyz Subs & Steaks vs Groucho's Deli including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $187,500 - $249,000 | $82,548 - $380,768 |
Franchise Fee | $17,500 | $18,000 - $28,000 |
Royalty Fee | 4% | 5% |
Advertising Fee | - | - |
Year Founded | 1990 | 1941 |
Year Franchised | 2004 | 2001 |
Term Of Agreement | 20 years | 10 years |
Term Of Agreement | 20 years | 10 years |
Renewal Fee | 50% of then franchise 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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | - |
Support | Grand opening, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | - | Co-op advertising, Regional advertising |
Operations |
Absentee ownership of franchise is allowed. |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 13 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | No |
NO LONGER FRANCHISING
In 1989, two business visionaries restless to construct an independent venture acknowledged there was a clear requirement for a sub/sandwich shop that exemplified quality. In view of this the idea is offer just crisp cut meats and cheeses just before your eyes and permitting every client to see their sandwich made to their own inclination.
For more than 20 years and serving more than one million clients, organizers Ken Mark still yearning to bring each client unprecedented subs and steaks day by day. Stop in today and appreciate a really awesome sub or steak of your decision.
Harold "Groucho" Miller came to Columbia, S.C. in 1941 with a handful of original recipes for potato salad, coleslaw, and various salad and sandwich dressings, most of which were thought up during his childhood in a Philadelphia orphanage. These humble beginnings along with the idea that, "quality is the most important ingredient in a sandwich," have led Groucho's to legendary restaurant status for 80 years.