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Updated RecentlyCheba Hut Toasted Subs Franchise
"Toasted" sub concept
1998. Our Huts not only tout the best bread in the business, but our
foodies "Flip the Bird" to the establishment with our homegrown food,
our relaxed environment and our amazing employees; who actually enjoy
rollin in our joint.
broken the mold of mundane fast-casual concepts and set ourselves apart
by becoming the first cannabis-themed "joint”.
Veteran Incentives 10% off franchise fee
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Cheba Hut Toasted Subs Franchise?
The investment required to open a Cheba Hut Toasted Subs Franchise is between $575,900-$939,700. There is an initial franchise fee of $40,000 which grants you the license to run a business under the Cheba Hut Toasted Subs name.
Individual Unit Costs
- Initial Investment:
$575,900-$939,700 - Initial Franchise Fee:
$40,000 - Royalty Fee:
6% - Advertising Fee:
2%
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When did Cheba Hut Toasted Subs start Franchising? 2002
United States: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | Yes |
| Startup Costs | N/A | Yes |
| Equipment | N/A | Yes |
| Inventory | N/A | Yes |
| Accounts Receivable | N/A | Yes |
| Payroll | N/A | Yes |
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
Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20
Business 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.
Your income potential as a Cheba Hut Toasted Subs Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Legal Disclaimer: This information is not a franchise offering for Cheba Hut Toasted Subs and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Cheba Hut Toasted Subs franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Cheba Hut Toasted Subs
104 E Laurel St
Fort Collins,
CO
80524