Silver Mine Subs vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Silver Mine 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

 
Silver Mine Subs Franchise
My Friend's Place Franchise
Investment $197,000 - $340,000$156,650 - $260,400
Franchise Fee $20,000$20,000
Royalty Fee 6%5%
Advertising Fee 4%1%
Year Founded 19961980
Year Franchised 20021980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Silver Mine Subs Franchise
My Friend's Place Franchise
Experience --

Financing Options

 
Silver Mine Subs Franchise
My Friend's Place Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Silver Mine Subs Franchise
My Friend's Place Franchise
Training Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs� franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. 1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

Support -Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

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

Passive Ownership: Not Allowed


Expansion Plans

 
Silver Mine Subs Franchise
My Friend's Place Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Silver Mine Subs

Hungry for the possibility of being your own boss? Ready to "Dig In" to a tasty concept! Geared up to hit the Mother Lode?Silver Mine Subs goes beyond the standard sandwich shop. Our mining mentality and "silver" delivery service until 3 am make us the most convenient choice for hungry prospectors. Our dedicated franchise team promises entrepreneurs a proven concept with the individualized franchisee attention not often afforded by others. Our product, store atmosphere and people work in concert to provide the perfect food for our customer's lifestyles. Silver Mine Subs delivers not just food, but an experience. Our locations in six states (and growing!) serve over a thousand customers per location per week. You maximize your customer base because unlike other concepts, we go beyond the standard model by delivering great taste directly to the mouths of hungry customers, and we offer healthy food options well beyond the standard dinner hour. Get your share of the silver dust! Contact us to learn more about opening your Silver Mine Subs franchised location!
When you join the Silver Mine Subs system, you become a part of a growing brand with proven operational success. Silver Mine Subs offers high quality products along with a program that is so good, you do not need restaurant or food experience to succeed.

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!'