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Below is an in-depth analysis and side-by-side comparison of Mr. Jims Pizza vs Cheba Hut Toasted 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 | $70,000 - $100,000 | $575,900 - $939,700 |
Franchise Fee | $11,000 | $40,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 4% | 2% |
Year Founded | 1975 | 1998 |
Year Franchised | 1981 | 2002 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 84 hours Classroom Training: 84 hours |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates Social media SEO Website development |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Mr. Jim's Pizza is a chain of pizza delivery and pick-up restaurants.
Great products - perfected since 1976
Very low cost to entry
Big savings on food costs
First 21st Century Pizza Chain Strong brand and advertising support
Approved Small Business Administration (SBA) franchisor
All of our fresh hand-stretched dough is made fresh every day in every store. Our Original™ style pizzas have more fresh toppings than any of our competitors. With each bite of an Original, you'll taste all the toppings, sauce and crust, whether it's our Sticky Fingers Pizza (loaded with eight toppings) or any of our create your own, specialty and premier pizzas.
But as the times have changed, so have we. Not everyone likes thick crust and many people are price conscious. So, in 2011 we launched our new Pizza D'Lish line, with thinner crust and a nice balance of toppings. In most of our stores, all large D'Lish pizzas sell for just $7.99. This product has been a fantastic addition to our full product line and has improved sales even during the down economy.