| ||||
Updated RecentlyCapt. Sub vs Goodcents Deli Fresh Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Capt. Sub vs Goodcents Deli Fresh Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $120,000 - $160,000 | $211,432 - $431,843 |
| Franchise Fee | $20,000 | $35,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 3.5% |
| Year Founded | 1972 | 1988 |
| Year Franchised | 1972 | 1990 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | 60% of current fee |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: 120 hours Classroom Training: 40 hours |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line rand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Franchisees required to buy multiple units/master licenses; 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | Yes | No |
| International Expansion | - | No |
Company Overviews
About Capt. Sub
"The Toast Masters!"
Capt. Sub is the right concept at the right time.
The sandwich category is exploding in foodservice and Capt. Sub is poised to offer customers what they are looking for - value, quality products, served hot and fresh.
Since our inception on Kent Street in Charlottetown back in 1972, over the past 5 decades Capt. Submarine has become known as THE authentic Atlantic Canadian sub franchise. You’ll find the proof right there on top of our freshly baked breads; we offer the kinds of flavours and recipes that Atlantic Canadians love.The Captain Submarine is considered, by industry standards, a low investment compared to many other similar systems. The Capt. Sub brand franchise offers a good return on investment for successful operators. Grinner's Food Systems Limited has been franchising in Canada for over 25 years. Based in Atlantic Canada, their executives are well versed in what Canadians want. Grinner's has one of the largest franchise service infrastructure systems in Eastern Canada with over 30 people at Head Office, always available to assist you in your day-to-day operations. Grinner's offers volume purchasing, quality professional marketing materials and operational expertise that are second to none in the Canadian Foodservice arena. Grinner's Food Systems Limited is the Franchisor of the highly successful 159-unit Greco Pizza Restaurant chain.
About Goodcents Deli Fresh Subs
Joseph Bisogno started out running a lemonade stand when he was 6, bought an ice cream truck at 18 and later purchased a gas station. In 1988, Bisogno started Mr. Goodcents Inc. after nearly 10 years of experience with the McDonald's Corp. The first Mr. Goodcents Inc. franchised location opened just 2 years later, and there are now more than 115 franchised restaurants nationwide. The locations offer dine-in, carry-out and delivery of salads, soup, pastas and submarine sandwiches ranging from traditional turkey, ham and cheese or meatball, to specialties like the Mr. Goodcents Combo, which features ham, bologna, salami and pepperoni.
So you are interested in making some serious dough? Are you ready to rise to your entrepreneurial callings?