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Updated RecentlyEast Coast Subs vs Cheba Hut Toasted Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of East Coast Subs vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $99,000 - $175,000 | $575,900 - $939,700 |
| Franchise Fee | $12,500 | $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1991 | 1998 |
| Year Franchised | 2008 | 2002 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 20% of current franchise fee | - |
Business Experience Requirements |
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| Experience | - | For candidates applying for a single unit agreement, you should have a credit score of 700+, liquid capital of $200,000 or more and a net worth of over $350,000. For candidates applying for multiple units, the requirements in terms of both professional backgrounds, skill sets are determined on a case-by-case basis. Candidates with strong credit are often suitable for SBA or traditional business loans that can cover up to 75% of the overall investment. Cheba Hut has relationships with lendors in the franchise space and will make the appropriate introductions during the Education Process. |
Financing Options |
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| 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 |
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| Training | We offer support & training that is covered in detail in our Franchise Disclosure Document and Operations Manual. | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Ad Templates Social media SEO Website development |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About East Coast Subs
NO LONGER FRANCHISING
East Coast Subs was opened in Murray, Utah
on November 1, 1991. It was initially set up as an association amongst
Ray and Carla Quintana, a couple. The Murray area is still claimed and
worked by the Quintanas, who together have over 60 years involvement in
the eatery business. An East Coast Subs Franchisee will offer astounding
Philadelphia style subs and other sustenance things. We are best known
for our steak subs, and the best way to truly comprehend is to have one.
When you do you will comprehend why our clients continue returning.
Clients are offered a few assortments of steak subs and different
sandwiches, each of which comes in 2 sizes with 2 sorts of bread to
browse. Sandwiches are made by client's wishes.
About Cheba Hut Toasted Subs