Start-Up Costs and Fees |
||
| Larry's Giant Subs | Planet Sub | |
| Investment | 136800 - 201900 | 182000 - 402000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1 - 3% | |
| Year Founded | 1982 | 1979 |
| Year Franchised | 1986 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Larry's Giant Subs | Planet Sub | |
| Experience | Industry experience General business experience | |
Financing Options |
||
| Larry's Giant Subs | Planet Sub | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Larry's Giant Subs | Planet Sub | |
| Training | Comprehensive 30 day training program | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Larry's Giant Subs | Planet Sub | |
| 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 | |
| Larry's Giant Subs | |
| Planet Sub | |
| Franchise Fee | |
| Larry's Giant Subs | |
| Planet Sub | |
| Royalty Fee | |
| Larry's Giant Subs | 6% |
| Planet Sub | 5% |
| Advertising Fee | |
| Larry's Giant Subs | |
| Planet Sub | 1 - 3% |
| Year Founded | |
| Larry's Giant Subs | 1982 |
| Planet Sub | 1979 |
| Year Franchised | |
| Larry's Giant Subs | 1986 |
| Planet Sub | 0 |
| Term Of Agreement | |
| Larry's Giant Subs | 10 years |
| Planet Sub | |
| Renewal Fee | |
| Larry's Giant Subs | $1K |
| Planet Sub | |
Business Experience Requirements |
|
| Experience | |
| Larry's Giant Subs | Industry experience General business experience |
| Planet Sub | |
Financing Options |
|
| Franchise Fees | |
| Larry's Giant Subs | No |
| Planet Sub | No |
| Start-up Costs | |
| Larry's Giant Subs | |
| Planet Sub | |
| Equipment | |
| Larry's Giant Subs} | |
| Planet Sub | |
| Inventory | |
| Larry's Giant Subs | |
| Planet Sub | |
| Receivables | |
| Larry's Giant Subs | |
| Planet Sub | |
| Payroll | |
| Larry's Giant Subs | |
| Planet Sub | |
Training & Support |
|
| Training | |
| Larry's Giant Subs | |
| Planet Sub | Comprehensive 30 day training program |
| Support | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Planet Sub | |
| Marketing | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Planet Sub | |
| Operations | |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Planet Sub | |
Expansion Plans |
|
| US Expansion | |
| Larry's Giant Subs | |
| Planet Sub | 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 | |
| Larry's Giant Subs | |
| Planet Sub | |
| International Expansion | |
| Larry's Giant Subs | |
| Planet Sub | |