Cheba Hut Toasted Subs

Cheba Hut Toasted Subs

Toasted sandwiches, salads, sides
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2022 Franchise 500 Rank
#362 Not ranked last year
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Initial investment
$585K - $950K
Units as of 2022
46 84.0% over 3 years

Company Overview

About Cheba Hut Toasted Subs

Industry
Food
Related Categories
Submarine Sandwiches, Sandwiches
Founded
1998
Leadership
Seth Larsen, CRO

Franchising Overview

Franchising Since
2002 (20 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
46 (as of 2022)

Franchisor Information

Corporate Address
406 N. College Ave.
Fort Collins, CO 80524

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Cheba Hut Toasted Subs franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$585,000 - $950,000
Net Worth Requirement
$800,000
Cash Requirement
$420,000
Veteran Incentives
10% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Cheba Hut Toasted Subs has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
160 hours
Classroom Training
60 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
20-40
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Cheba Hut Toasted Subs landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021