Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Fit for Life | |
| Investment | 575900 - 939700 | 180000 - 999999 |
| Franchise Fee | ||
| Royalty Fee | 6% | 7% |
| Advertising Fee | 2% | 0% |
| Year Founded | 1998 | 0 |
| Year Franchised | 2002 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Fit for Life | |
| 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 |
||
| Cheba Hut Toasted Subs | Fit for Life | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Fit for Life | |
| 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 | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. |
| Marketing | Ad Templates Social media SEO Website development | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Fit for Life | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Fit for Life | 7% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Fit for Life | 0% |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Fit for Life | 0 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Fit for Life | 0 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
Business Experience Requirements |
|
| Experience | |
| Cheba Hut Toasted Subs | 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. |
| Fit for Life | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Fit for Life | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Fit for Life | |
| Support | |
| Cheba Hut Toasted Subs | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Fit for Life | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Fit for Life | |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Fit for Life | |
Expansion Plans |
|
| US Expansion | |
| Cheba Hut Toasted Subs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Fit for Life | |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Fit for Life | |