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Below is an in-depth analysis and side-by-side comparison of Zero's Subs vs Goodcents Deli Fresh 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 | $150,000 - $250,000 | $211,432 - $431,843 |
Franchise Fee | $15,000 | $35,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | 3.5% |
Year Founded | 1967 | 1988 |
Year Franchised | 1996 | 1990 |
Term Of Agreement | 15 years | 10 years |
Term Of Agreement | 15 years | 10 years |
Renewal Fee | 10% of current franchise fee | 60% of current 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 | -/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 |
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Training | - | On-The-Job Training: 120 hours Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks, National media | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
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.
Joseph Bisogno started out running a lemonade stand when he was 6, bought an ice cream truck at 18 and later purchased a gas station. In 1988, Bisogno started Mr. Goodcents Inc. after nearly 10 years of experience with the McDonald's Corp. The first Mr. Goodcents Inc. franchised location opened just 2 years later, and there are now more than 115 franchised restaurants nationwide. The locations offer dine-in, carry-out and delivery of salads, soup, pastas and submarine sandwiches ranging from traditional turkey, ham and cheese or meatball, to specialties like the Mr. Goodcents Combo, which features ham, bologna, salami and pepperoni.
So you are interested in making some serious dough? Are you ready to rise to your entrepreneurial callings?