Silver Mine Subs vs The Submarine Station Franchise Comparison

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

Start-Up Costs and Fees
 
Silver Mine Subs Franchise
The Submarine Station Franchise
Investment $197,000 - $340,000N/A
Franchise Fee $20,000$8,000
Royalty Fee 6%$500/mo
Advertising Fee 4%-
Year Founded 1996-
Year Franchised 2002-
Term Of Agreement -5 years
Term Of Agreement -5 years
Renewal Fee --


Business Experience Requirements
 
Silver Mine Subs Franchise
The Submarine Station Franchise
Experience --

Financing Options
 
Silver Mine Subs Franchise
The Submarine Station Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Silver Mine Subs Franchise
The Submarine Station 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. -
Support --
Marketing --
Operations --

Expansion Plans
 
Silver Mine Subs Franchise
The Submarine Station Franchise
US Expansion --
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 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!