
Cheba Hut Toasted Subs
Toasted sandwiches, salads, sides, alcohol- 2023 Franchise 500 Rank
-
#356 Ranked #362 last year
- Initial investment
-
$585K - $1M
- Units as of 2022
-
50 100.0% over 3 years
Company Overview
About Cheba Hut Toasted Subs
- Industry
- Food
- Related Categories
- Submarine Sandwiches, Sandwiches
- Founded
- 1998
- Parent Company
- Cheba Hut Franchising Inc
- Leadership
- Seth Larsen, CRO
- Corporate Address
-
406 N. College Ave.
Fort Collins, CO 80524
Business Overview
- Franchising Since
- 2002 (2023-2002 years)
- # of employees at HQ
- 25
- Where seeking
-
This company is offering new franchisees throughout the US.
- # of Units
- 50 (as of 2022)
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
Information Circle - $40,000
-
Initial Investment
Information Circle - $584,900 - $1,018,000
-
Net Worth Requirement
Information Circle - $800,000
-
Cash Requirement
Information Circle - $420,000
-
Veteran Incentives
Information Circle - 10% off franchise fee
-
Royalty Fee
Information Circle - 5%
-
Ad Royalty Fee
Information Circle - 2%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
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-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 20-40
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Cheba Hut Toasted Subs? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Cheba Hut Toasted Subs landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Cheba Hut Toasted Subs ranked on other franchise lists? Find out below.
Ranked #356 in 2023
Entrepreneur’s 44th annual Franchise 500® ranking shines a light on the unique challenges and changes that have shaped the franchise industry over the last year—and how franchisors have adapted and evolved to meet them.
Ranked #4 in Submarine Sandwiches in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
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