My Friend's Place vs Jon Smith Subs Franchise Comparison

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

Start-Up Costs and Fees

 
My Friend's Place Franchise
Jon Smith Subs Franchise
Investment $156,650 - $260,400$309,500 - $887,760
Franchise Fee $20,000$39,500
Royalty Fee 5%6%
Advertising Fee 1%3%
Year Founded 19801988
Year Franchised 19802007
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements

 
My Friend's Place Franchise
Jon Smith Subs Franchise
Experience --

Financing Options

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

Training & Support

 
My Friend's Place Franchise
Jon Smith Subs Franchise
Training 1. Headquarters 12 Business Days

2. Franchisee Site 12 Business Days

On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing store
Support Field Operation Evaluation

Field Training: At Additional Cost

Initial Store Opening

Inventory Control: At Additional Cost

Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand 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 Average Number of Employees: 2 Full-time, 2 Part-time

Passive Ownership: Not Allowed

Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20

Expansion Plans

 
My Friend's Place Franchise
Jon Smith Subs Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion -Yes

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 Jon Smith Subs

Sometimes it seems that everyone sells the “highest quality food at the lowest price.” But saying it doesn’t make it so. I, Jon Smith, am totally committed to providing the best quality food and service for my customers. Look at our food, look at our stores, look at our employees and see our commitment. At Jon Smith Subs, quality is our only deal.
The total investment necessary to begin operation of a Jon Smith Subs Restaurant is from $309,500 to $615,790. These amounts include $134,500 to $213,790 that you must pay to the franchisor and its affiliates.
The total investment necessary to begin operation of a Jon Smith Subs Restaurant as a developer under the Multi-Unit Development Agreement is from $370,500 to $887,760 for five restaurants. These amounts include $194,500 to $677,290 that you must pay to the franchisor and its affiliates.
Veteran Incentives  10% off franchise fee