Submarina vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Submarina vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Submarina Franchise
My Friend's Place Franchise
Investment $161,818 - $334,118$156,650 - $260,400
Franchise Fee $25,000$20,000
Royalty Fee -5%
Advertising Fee -1%
Year Founded -1980
Year Franchised -1980
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Submarina Franchise
My Friend's Place Franchise
Experience --

Financing Options

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

Training & Support

 
Submarina Franchise
My Friend's Place Franchise
Training -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 Professionally designed advertising materials are provided to franchisees. Various types of print advertisements and in-store displays enhance the image and exposure of your restaurant. You will learn the most cost-effective ways of bringing in new customers and how to keep them coming back. We will help you implement a comprehensive Grand Opening promotional plan to start your restaurant in the right direction. Marketing allowances, or rebates, which manufacturers pay to Submarina are contributed to the Marketing and Promotional Fund and used for further promotion of all Submarina restaurants.-
Operations -Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed


Expansion Plans

 
Submarina Franchise
My Friend's Place Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Submarina

Once you qualify as a franchisee and become a licensee of the Submarina franchise system, we put our efforts into teaching you the Submarina system. Since the success of your franchise is mainly dependent on how well you follow our system, we are committed to you every step of the way. Our effective system of operation will give you the edge necessary to create a thriving business. The Submarina franchise program provides you the following support and assistance: *Financing *Site Selection and Lease Negotiations *Restaurant Design and Construction *Training and Operations Manual *Marketing Programs *Group Purchasing Power and Proprietary Products *New Product Development *Quality Control and Ongoing Support *Development Rights Program

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!'