|
Below is an in-depth analysis and side-by-side comparison of The Salad Bowl Cafe vs Cheba Hut Toasted Subs including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $100,000 - $250,000 | $575,900 - $939,700 |
Franchise Fee | N/A | $40,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | 2% |
Year Founded | - | 1998 |
Year Franchised | - | 2002 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
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 |
||
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: 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 |
||
US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
As a franchisee, you have buying power, the power not of one, but of all The Salad Bowl franchisees around the country. Your contracts for the freshest produce, the best ingredients for soups, the finest quality wholesale providers for uniforms, equipments and signage are in place and ready for you to benefit from immediately. When you open the doors to your new The Salad Bowl, you will have been trained in every aspect of the business. Our training takes place at our corporate headquarters and in our company owned stores allowing you to receive hands on training. In addition, our staff with be with you when the doors open to make sure your investment moves in the right direction from day one. It is our belief that your success is our success and not vice versa. Our success in offering the very freshest ingredients at a very competitive price has won the praise of our customers and corporate entities wanting to have access to quality healthy food for their employees at corporate luncheons, business meetings and other company functions. Our high standards have solidified ongoing working relationships with high profile hotel chains offering The Salad Bowl and or its franchisees the opportunity to locate within or adjacent to their hotels to provide a healthy alternative for their hotel guests. Give us a call to see what prime locations may be available in your market that could increase your opportunity for rapid success. Franchises are available throughout the U.S. and abroad o Individual franchise ownership o Area development opportunities o Master license opportunities