Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Lenny's Sub Shop | |
| Investment | 575900 - 939700 | 188216 - 396146 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1998 | 1998 |
| Year Franchised | 2002 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Lenny's Sub Shop | |
| 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 | Lenny's Sub Shop | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Cheba Hut Toasted Subs | Lenny's Sub Shop | |
| Training | On-The-Job Training: 84 hours Classroom Training: 84 hours | Our motto is More Food, More Taste, More Personality! - and that includes more training too. We do more than just give you our recipes and well wishes. Training begins the minute you sign your franchise agreement. You are given a self-paced study program to prepare you for our extensive classroom and restaurant training. After you learn the basics you get to experience a new restaurant opening with our operations team prior to opening your own restaurant. We guide you through every step to ensure you're ready to spread the "Lenny's magic" in your community. On-The-Job Training: 196 hours Classroom Training: 40 hours Additional Training: As needed |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | From the moment you sign on until after your store opens, we are with you every step of the way. We will assist you in site selection and building out your restaurant. We will train you in all aspects of operating your restaurant and our support doesn't stop once you start your business. From our prized recipe specifications, to our streamlined operations manual, to our ongoing operational support, we are here for you. 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 | Ad Templates Social media SEO Website development | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 10 |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Lenny's Sub Shop | |
| 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 | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Lenny's Sub Shop | 6% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Lenny's Sub Shop | 2% |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Lenny's Sub Shop | 1998 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Lenny's Sub Shop | 2001 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
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. |
| Lenny's Sub Shop | |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Lenny's Sub Shop | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Lenny's Sub Shop | Our motto is More Food, More Taste, More Personality! - and that includes more training too. We do more than just give you our recipes and well wishes. Training begins the minute you sign your franchise agreement. You are given a self-paced study program to prepare you for our extensive classroom and restaurant training. After you learn the basics you get to experience a new restaurant opening with our operations team prior to opening your own restaurant. We guide you through every step to ensure you're ready to spread the "Lenny's magic" in your community. On-The-Job Training: 196 hours Classroom Training: 40 hours Additional Training: As needed |
| 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 |
| Lenny's Sub Shop | From the moment you sign on until after your store opens, we are with you every step of the way. We will assist you in site selection and building out your restaurant. We will train you in all aspects of operating your restaurant and our support doesn't stop once you start your business. From our prized recipe specifications, to our streamlined operations manual, to our ongoing operational support, we are here for you. 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 | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Lenny's Sub Shop | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Lenny's Sub Shop | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 10 |
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 |
| Lenny's Sub Shop | 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 | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | 0 |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Lenny's Sub Shop | |