Start-Up Costs and Fees |
||
| Cheba Hut Toasted Subs | Rockn' Joe Coffeehouse & Bistro | |
| Investment | 575900 - 939700 | 218000 - 414000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1998 | 1993 |
| Year Franchised | 2002 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Cheba Hut Toasted Subs | Rockn' Joe Coffeehouse & Bistro | |
| 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. | In order to be successful as a franchise owner, you must be prepared to: * Follow a proven system. * Accept advice from others. * Work long hours. * Work without supervision or support staff. * Lead and manage a team. * Ask for help. * Take a financial risk. * Work hard.The ideal franchise owner knows that starting and building a successful business is not easy,but that the rewards outweigh the sacrifice and risk with the right opportunity. |
Financing Options |
||
| Cheba Hut Toasted Subs | Rockn' Joe Coffeehouse & Bistro | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Cheba Hut Toasted Subs | Rockn' Joe Coffeehouse & Bistro | |
| 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 | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad Templates Social media SEO Website development | Co-op advertising, Ad slicks, Regional advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 | Number of employees needed to run franchised unit: 16 - 16 Absentee ownership of franchise is allowed. |
Expansion Plans |
||
| Cheba Hut Toasted Subs | Rockn' Joe Coffeehouse & Bistro | |
| 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 | Delaware, Florida, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Franchise Fee | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Royalty Fee | |
| Cheba Hut Toasted Subs | 6% |
| Rockn' Joe Coffeehouse & Bistro | 6% |
| Advertising Fee | |
| Cheba Hut Toasted Subs | 2% |
| Rockn' Joe Coffeehouse & Bistro | |
| Year Founded | |
| Cheba Hut Toasted Subs | 1998 |
| Rockn' Joe Coffeehouse & Bistro | 1993 |
| Year Franchised | |
| Cheba Hut Toasted Subs | 2002 |
| Rockn' Joe Coffeehouse & Bistro | 2005 |
| Term Of Agreement | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | 5 years |
| Renewal Fee | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
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. |
| Rockn' Joe Coffeehouse & Bistro | In order to be successful as a franchise owner, you must be prepared to: * Follow a proven system. * Accept advice from others. * Work long hours. * Work without supervision or support staff. * Lead and manage a team. * Ask for help. * Take a financial risk. * Work hard.The ideal franchise owner knows that starting and building a successful business is not easy,but that the rewards outweigh the sacrifice and risk with the right opportunity. |
Financing Options |
|
| Franchise Fees | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Start-up Costs | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Equipment | |
| Cheba Hut Toasted Subs} | |
| Rockn' Joe Coffeehouse & Bistro | |
| Inventory | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Receivables | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| Payroll | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
Training & Support |
|
| Training | |
| Cheba Hut Toasted Subs | On-The-Job Training: 84 hours Classroom Training: 84 hours |
| Rockn' Joe Coffeehouse & Bistro | |
| 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 |
| Rockn' Joe Coffeehouse & Bistro | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Cheba Hut Toasted Subs | Ad Templates Social media SEO Website development |
| Rockn' Joe Coffeehouse & Bistro | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Cheba Hut Toasted Subs | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 20 |
| Rockn' Joe Coffeehouse & Bistro | Number of employees needed to run franchised unit: 16 - 16 Absentee ownership of franchise is allowed. |
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 |
| Rockn' Joe Coffeehouse & Bistro | Delaware, Florida, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, |
| Canada Expansion | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |
| International Expansion | |
| Cheba Hut Toasted Subs | |
| Rockn' Joe Coffeehouse & Bistro | |