The Submarine Station vs Jon Smith Subs Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Submarine Station vs Jon Smith Subs including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Submarine Station Franchise
Jon Smith Subs Franchise
Investment N/A$309,500 - $887,760
Franchise Fee $8,000$39,500
Royalty Fee $500/mo6%
Advertising Fee -3%
Year Founded -1988
Year Franchised -2007
Term Of Agreement 5 years20 years
Term Of Agreement 5 years20 years
Renewal Fee -$1K


Business Experience Requirements

 
The Submarine Station Franchise
Jon Smith Subs Franchise
Experience --

Financing Options

 
The Submarine Station 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

 
The Submarine Station Franchise
Jon Smith Subs Franchise
Training - On-The-Job Training: 80 hours Classroom Training: 80 hours Additional Training: At existing store
Support -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 - Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20

Expansion Plans

 
The Submarine Station Franchise
Jon Smith Subs Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About The Submarine Station

As a company grows there are three main methods of growth to choose from: sole proprietorship, joint venture, or franchising. The franchise system is an exciting model because of the common shared interest in the founding company (the Franchisor) and the small business owner (the Franchisee) that both want the system to work. The problem with most franchising models is that a Franchisee is under such stringent restrictions from the Franchisor. Understandably, the Franchisor has a huge interest in protecting the brand. This interest in protecting the brand has inherent drawbacks that now become the Franchisee's issues. A few of these drawbacks are: real estate long-term leasing or purchasing, expensive proprietary equipment, forced product price points, etc. Who pays for this in the end? Well, the Franchisee does. Who looks out for the Franchisee? The Submarine Station will!

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