Zero's Subs vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Zero's Subs vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Zero's Subs Franchise
My Friend's Place Franchise
Investment $150,000 - $250,000$156,650 - $260,400
Franchise Fee $15,000$20,000
Royalty Fee 6%5%
Advertising Fee -1%
Year Founded 19671980
Year Franchised 19961980
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee 10% of current franchise fee-


Business Experience Requirements

 
Zero's Subs Franchise
My Friend's Place Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    Zero's Subs Franchise
    My Friend's Place Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Zero's Subs Franchise
    My Friend's Place Franchise
    Training -1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days

    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsField Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost

    Marketing Ad slicks, National media-
    Operations

    Number of employees needed to run franchised unit: 10

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed


    Expansion Plans

     
    Zero's Subs Franchise
    My Friend's Place Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Zero's Subs

    In 1967, Gene Schmidt started ZERO'S SUBS. Zero’s Subs is one of the largest regional sandwich franchises in the U.S. with more than 30 restaurants nationally. Since its inception in Virginia Beach in 1967, Zero’s Subs has created a proven fast, casual concept which offers high-quality foods, such as hot oven-baked subs, hearth-baked bread, Hormel meats, buffalo chicken wings, innovative health-conscious salads, wraps and pizza - all under one roof.

    About My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'