Cheba Hut Toasted Subs

Cheba Hut Toasted Subs

Toasted sandwiches, salads, snacks
Total Units
32 14 added in 3 years
77.8%
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$441K - $799K

Company Overview

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About Cheba Hut Toasted Subs

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

Franchising Overview

Franchising Since
2002 (19 years)
# of employees at HQ
15
Where seeking
Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Delaware, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming
# of Units
32

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 - $40,000
Initial Investment
$441,400 - $799,200
Net Worth Requirement
$420,000
Cash Requirement
$250,000
Royalty Fee
4-5%
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
95 hours
Classroom Training
35 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
Social Media
SEO
Website Development
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
15
Are exclusive territories available?
Yes

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Updated: October 23rd, 2020
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