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Silver Mine Subs
Our concept distinguishes itself with a lighthearted "Old Colorado" mining theme, which is reflected in our restaurant decor and sandwich names. The Silver Mine Subs menu focuses on legendary, fresh-made hot and cold sub sandwiches. Simple extras give our concept wider appeal: delicious wraps, salads, soup, chili, cookies and brownies. We deliver not just foot, but an experience. Our locations all offer dine-in, carryout and delivery service. Hours -- 10AM-3AM. Great advertising and solid marketing.
Franchisor Background
Year Established:
1996
Franchising Since:
2002
IFA Member
Operating Units:
Franchised Units:
25
100%
Company-Owned Units:
0
0%
______
_____
Total Operating Units:
25
100%
Geographic Distribution:
U.S.:
25
100%
In 7 States
Canada:
0
0%
In 0 Canadian Provinces
International:
0
0%
In 0 Foreign Countries
______
_____
Total:
25
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Colorado
10
2. Arizona
3
3. Illinois
2
Registered in Following Registration States:
Financial Requirements
Investment:
Minimum Net Worth:
$200K
Cash Investment:
$75-100K
Total Investment:
$211.8-352.3K
Average Total Investment:
$282K
Fees:
Initial Franchise Fee:
$20K
Average Franchise Fee:
$20K
On-Going Royalty:
6%
Average Royalty:
6%
Advertising Fee:
4%
Average Number of Employees:
3-5 Full-time, 9-10 Part-time
Space Needs (in square footage):
1,200
Preferred Sites:
Storefront
Other Sites:
Encourage Conversions?
Not Applicable
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
No
Franchisee Association/Member:
No
Size of Corporate Staff:
7
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
No
Marketing Support:
Co-Op Advertising:
No
National Advertising:
Yes
Regional Advertising:
No
Local Advertising:
Yes
Marketing Materials:
Ad Slicks, Coupons/rebates, Direct Mailers, Radio Ads, Site Signs
Additional Services:
Grand Opening, Marketing Research, Newsletter, Press Releases, Sales Strategies
