Original SoupMan, The vs The Submarine Station Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Original SoupMan, The vs The Submarine Station including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Original SoupMan, The Franchise
The Submarine Station Franchise
Investment $79,500 - $198,500N/A
Franchise Fee $30,000$8,000
Royalty Fee 5%$500/mo
Advertising Fee --
Year Founded 1984-
Year Franchised 2005-
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements

 
Original SoupMan, The Franchise
The Submarine Station Franchise
Experience --

Financing Options

 
Original SoupMan, The Franchise
The Submarine Station Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Original SoupMan, The Franchise
The Submarine Station Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Original SoupMan, The Franchise
The Submarine Station Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Original SoupMan, The

In 1984, The Original SoupMan opened its doors at 55th Street & 8th Avenue in Manhattan. The tiny storefront quickly became a worldwide destination. Rated #1 by Zagat and praised by the New York Times as "Art, not Soup", it set the standard for innovation and excellence long before the famous Seinfeld episode made it a cultural icon. The Company's franchise operations include highly visible locations in the Mohegan Sun Casinos and more.

About The Submarine Station

As a company grows there are three main methods of growth to choose from: sole proprietorship, joint venture, or franchising. The franchise system is an exciting model because of the common shared interest in the founding company (the Franchisor) and the small business owner (the Franchisee) that both want the system to work. The problem with most franchising models is that a Franchisee is under such stringent restrictions from the Franchisor. Understandably, the Franchisor has a huge interest in protecting the brand. This interest in protecting the brand has inherent drawbacks that now become the Franchisee's issues. A few of these drawbacks are: real estate long-term leasing or purchasing, expensive proprietary equipment, forced product price points, etc. Who pays for this in the end? Well, the Franchisee does. Who looks out for the Franchisee? The Submarine Station will!