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Updated RecentlyJimmy John's Gourmet Sandwich Shops vs Cheba Hut Toasted Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jimmy John's Gourmet Sandwich Shops 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 | $313,600 - $556,100 | $575,900 - $939,700 |
| Franchise Fee | $35,000 | $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4.5% | 2% |
| Year Founded | 1983 | 1998 |
| Year Franchised | 1993 | 2002 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $2.5K | - |
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/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: 84 hours Classroom Training: 84 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | 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 |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Jimmy John's Gourmet Sandwich Shops
James J. Liautaud established Jimmy John's in Charleston, Illinois, in 1983 when he was 19 years of age. With utilized hardware, a cooler, one meat slicer, a cooler and a stove, Jimmy John Liautaud began his business without even a posted menu or an open air sign. At the time, he offered four sandwich assortments and 25-penny sodas. In the wake of going out sandwich tests all through the school town, Liautuad included conveyance benefit, tables, open air signs, menu sheets and an extended menu. He opened a few more stores and built up a model before diversifying started in 1993. Jimmy John's franchisees prepare bread at every store each day, and each sandwich is made new to arrange in 30 seconds.
Watching your calories? Try our 'Unwich' A sandwich with lettuce for a wrapping, not bread !!
The total investment necessary to begin operation of a Jimmy John's
Restaurant is $313,600 to $556,100 (including initial real estate lease
costs).
This includes $30,000 to $37,000 that must be paid to the
franchisor or affiliate.
If you want development rights (for a minimum
of 3 Restaurants), you must pay the franchisor a development fee equal
to $35,000 (the initial franchise fee for the first Restaurant), plus
the $30,000 initial franchise fee due under each additional Franchise
Agreement you sign when you sign the Development Rights Rider, plus a
deposit of $10,000 for each additional Restaurant you agree to develop
but for which you do not sign a Franchise Agreement when you sign the
Development Rights Rider.
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#23 in Franchise 500 for 2020.
#72 in Franchise 500 for 2021.
About Cheba Hut Toasted Subs
Cheba Hut is a "Toasted" sub concept that has been curing munchies since
1998. Our Huts not only tout the best bread in the business, but our
foodies "Flip the Bird" to the establishment with our homegrown food,
our relaxed environment and our amazing employees; who actually enjoy
rollin in our joint.
Over the past 20 years, we have seen steady growth and today our Huts can be found in over 20 locations, across 7 states.
Cheba Hut is the quintessential "anti-Corporation”. Since 1998, we have
broken the mold of mundane fast-casual concepts and set ourselves apart
by becoming the first cannabis-themed "joint”.