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We are a family-owned and operated sandwich company with superb sandwich spreads, a superior business system and nearly 90 years of quality, tradition and experience.
Franchisor Background
Year Established: 1917Franchising Since: 2004
Operating Units: Franchised Units: 7 70% Company-Owned Units: 3 30% ______ _____ Total Operating Units: 10 100% Geographic Distribution: U.S.: 10 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries ______ _____ Total: 10 100% North America: States/Provinces with the largest number of operating units: Density Units 1. South Carolina 3
Registered in Following Registration States: Financial Requirements
Investment: Minimum Net Worth: $400K Cash Investment: $60-100K Total Investment: $90-240K Average Total Investment: $165K Fees: Initial Franchise Fee: $25K Average Franchise Fee: $25K On-Going Royalty: 6% Average Royalty: 6% Advertising Fee: 2%
Average Number of Employees: 0 Full-time, 4 Part-timeSpace Needs (in square footage): 1,800-2,400Preferred Sites: Strip CenterOther Sites: Encourage Conversions? YesEarnings Claims Provided? NoListed in the SBA Registry? NoSupport and Training
International Franchise Association: Yes Canadian Franchise Association: No Franchisee Association/Member: No Size of Corporate Staff: 5 Site Selection Assistance? Yes Lease Negotiation Assistance? No Financial Assistance? No Marketing Support: Co-Op Advertising: No National Advertising: No Regional Advertising: No Local Advertising: No Marketing Materials: None Specified Additional Services: None Specified Other Marketing Support: None Specified On-Going Support: Central Data Processing: Included in Fees Central Purchasing: Not Applicable Field Operation Evaluation: Included in Fees Field Training: Included in Fees Initial Store Opening: Included in Fees Inventory Control: Not Applicable Franchisee Newsletter: Included in Fees Regional or National Meetings: Included in Fees 800 Telephone Hotline: Included in Fees Training: 1. Headquarters or Specified Training Site 3-4 Weeks
Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): Financial Net Worth: 4 General Business Experience: 3 Specific Industry Experience: 3 Formal Education: 3 Psychological Profile: 3 Personal Interview(s): 4
Minority Representation
Units Owned by Minorities: African-American: N/A Asian-American: N/A Hispanic: N/A Native American: N/A Other: N/A Specific Minority: N/A
Terms of Contract
Term of Initial Contract: 5 Year(s) Term of Renewal Period: 20 Year(s) Passive Ownership: Not Allowed Area Development Agreements? Yes, for 1 Year(s) Sub-Franchising Contracts? No Franchisees Allowed to Expand Within Territory? Yes
Expansion Plans
Projected New Units Over Next 12 months:
U.S.: Yes, Southeast Canada: No Overseas: No
