| ||||
Updated RecentlyMy Friend's Place vs Planet Sub Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of My Friend's Place vs Planet Sub including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $156,650 - $260,400 | $182,000 - $402,000 |
| Franchise Fee | $20,000 | $25,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 1 - 3% |
| Year Founded | 1980 | 1979 |
| Year Franchised | 1980 | 0 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | Comprehensive 30 day training program |
| 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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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!'
About Planet Sub
The Planet Sub franchise has grown from its Midwest heritage to expand across the US. Now, we are inviting you to join the Planet Sub franchise family at a time when our vision and mission have never been stronger.
What does that mean for you? It means you get all the benefits of an established (and loved) brand, and that you can join a concept that isn’t just a blast to operate and wildly delicious, but also one that’s been built on proven ground.
We don’t just boast freshness in our marketing, we live it at each Planet Sub franchise location. We operate at a higher level of quality than any of our competitors. This gives us the ability to advertise with a true point of difference, and gives us a pride in our work that spreads through every employee, into every sandwich we make.