Blimpie Subs & Salads

#198

At a Glance

Products & Services: Submarine sandwiches & salads

Number of Locations: 739

Total Investment: $136.15K - 385.05K

Founded: 1964

Began Franchising: 1970

About Blimpie Subs & Salads

With the help of two friends and $2,500 in borrowed start-up capital, Anthony Conza opened the first Blimpie Subs & Salads location in Hoboken, New Jersey, in 1964. From that first store, Blimpie grew into an international chain with restaurants in malls, shopping centers, convenience stores, colleges, sports arenas, hospitals and sports arenas. Each location serves a variety of hot and cold subs, wraps, salads and soups.

Blimpie is now owned by Kahala, franchisor of Cereality, Cold Stone Creamery, Frullati Café & Bakery, Great Steak & Potato, Johnnie's, Nrgize, Ranch 1, Rollerz, Samurai Sam's, Surf City Squeeze and TacoTime.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	733	0	0	6
2011	733	0	0	1
2010	847	0	0	1
2009	1,089	0	0	1

Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $136,150 - $385,050
Franchise Fee: $18,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable

Financial Requirements

Liquid Cash Available: $75,000

Operations

35% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 15. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).

Financing Type	In-House	Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 weeks.

Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing Support: Co-op advertising, Ad slicks, Regional advertising,