How much does a Cheba Hut franchise cost?
- Initial Franchise Fee: $40,000
- Total Investment: $584,900 to $950,000
- Working Capital: $45,000 to $60,000
- Royalty Fee: 5.0%
Full Answer
See more
How much does it cost for a Cheba Hut franchise?
Cheba Hut charges a franchise fee of $40,000. They also offer financing via 3rd party as well as a discount for veterans (50% off of the Initial Franchise Fee).
What company owns Cheba Hut?
Cheba Hut Toasted Subs (Stylized as "CHēBA HUT") is a cannabis-themed restaurant franchise-chain in the United States. It was founded by Scott Jennings, established in 1998 in Tempe, Arizona.
How many Cheba Hut locations are there?
TOP-NOTCH TOASTED SUBS We are dedicated to combining homegrown recipes with a chill, eclectic environment where real food is served by genuine people. Over the past 23 years, our sub franchise has seen steady growth and today our Huts can be found in over 43 locations, across 14 states.
Why is it called Cheba Hut?
It is a term synonymous with marijuana (please note our food does not contain any amounts of THC, it is purely just a theme). October 13th, 2021|Comments Off.
What does cheba mean?
marijuanaDefinition of cheeba US slang. : marijuana There are mountains of white powder outside on the ski resort's slopes, the air inside is thick with burning cheeba …— Mike Usinger, Vibe, June 2002.
Where is the first Cheba Hut?
Tempe, AZWhere is the original Cheba Hut? The OG Cheba Hut is located in Tempe, AZ.
What states is Cheba Hut in?
Cheba Hut now has 16 franchised locations, with shops in Arizona, California, Oregon, Iowa, Colorado, Wisconsin and New Mexico. In addition to the Tempe shop, Cheba Hut has Arizona locations in Glendale, Mesa, Flagstaff and Tucson.
Does California have Cheba Hut?
ABOUT THIS SHOP. Cheba Hut "Toasted" Subs (San Diego-SDSU) is located in beautiful San Diego, just down the street from the SDSU campus.
Is Cheba Hut infused food?
"Cannabis is tied to our theme, but not infused in our food in any way," Loeb said. "With that said, we are always keeping the door open to menu innovation based on changing consumer trends."
How long has Cheba Hut been around?
He founded the sandwich chain Cheba Hut in Tempe, Arizona in 1998. In the ensuing 22 years, Cheba Hut has expanded to 30 cities in 14 states for a total of 42 locations as of 2021. What makes Cheba Hut so popular to cannabis consumers is their menu of strain-named subs like Chronic, Kush, Dank, G-13 and Humboldt.
When did Cheba Hut Open in Colorado?
A lot has happened since Scott Jennings opened his first Cheba Hut, a marijuana-themed sub shop, in 1998.
How long has Cheba Hut been in Tucson?
ABOUT THIS SHOP Cheba Hut is a “Toasted” sub concept that has been curing munchies since its start in 1998.
What states is Cheba Hut in?
Cheba Hut now has 16 franchised locations, with shops in Arizona, California, Oregon, Iowa, Colorado, Wisconsin and New Mexico. In addition to the Tempe shop, Cheba Hut has Arizona locations in Glendale, Mesa, Flagstaff and Tucson.
When did Cheba Hut Open in Colorado?
A lot has happened since Scott Jennings opened his first Cheba Hut, a marijuana-themed sub shop, in 1998.
Background
Proven Concept: We've been busy the past 20 years developing 20 Cheba Hut locations across 7 states. 12 of these successful restaurants are owned by our franchise partners. Exceptional Economics: In 2017, our average unit volume for franchised locations was $1,202,634.
Company Details
Established: 1998 First Unit Franchised: 2001 Franchised Units Open: 14 Company Owned Units: 11 Unavailable States: Arizona, Colorado, Connecticut, Delaware, Hawaii, Maine, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Dakota, Pennsylvania, Rhode Island, South Dakota, and Vermont.
Support and Training Offered By Cheba Hut
Financial Assistance Provided: Yes Site Selection Assistance: Yes Lease Negotiation Assistance: Yes Training: Our initial training program consists of 70 hours in the classroom and 170 hours of on-the-job training.
Franchises Similar to Cheba Hut
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
What does a Cheba Hut - Toasted Subs Franchise Cost?
The cost of a Cheba Hut Toasted Sub franchise requires a minimum liquid capital of $420,000. The initial investment for a single franchise will range from $585,000 to $950,000 depending upon the type and condition of the real estate and the specific market location you choose.
Do It Your Way
Embrace your individuality, and those of your future customers. Enjoy a culture of freedom without the typical “rules” associated with successful businesses.
Keep It Simple
At Cheba Hut, there’s no flat tops, no deep fryers and no expensive hoods. Not only does this keep initial investments more affordable, it also creates an ease of operations.
Create Raving Fans, Not Just Customers
Our Franchise Owners benefit from the recognition and reputation we have spent 20 years building.
Embrace your Community
At Cheba Hut, we strive to break the mold and embrace the non-traditional. So, while there are guidelines Franchise Owners must follow, we do encourage individuality.
High Profits
We have average store sales of over $1.8 million which are growing by an average of 15% each year. It doesn’t take a genius to see we are the real deal by comparing us with the restaurant average of 1.5%-2%!
Who We Are Looking For
Our Franchise Owners are seemingly relaxed and fun-loving; You’ll rarely catch them in a suit and tie. But don’t let that trick you into thinking they aren’t high performers. At Cheba Hut, we are driven to beat the other guys. We know we have a better product. We know we provide better customer service.
Who is the founder of Cheba Hut?
18. Cheba Hut was founded in 1998 by Scott Jennings in Tempe, Arizona. Jennings, who describes himself as a lifelong foodie, had worked in the restaurant industry while he attended college. He decided that he wanted to continue in the industry, but do things his own way.
When will Cheba Hut open in Orlando?
5. At the end of March 2021, Cheba Hut announced that it was preparing to open its first area location near the University of Central Florida in east Orlando. Franchisee Tim Brashear opened a 2,200-square-foot, 60-seat Cheba Hut at 12100 E. Colonial Drive. The restaurant previously was slated to open as early as July 2020, but was delayed by the COVID-19 pandemic’s impact on Central Florida.
How Much Does It Cost To Invest Into a Cheba Hut Franchise?
The initial franchise fee for a Cheba Hut is $35,000. The organization encourages multiple locations per owner, however, so each additional franchise that an owner purchases after the initial one has a fee of $20,000. There is no direct financing for these fees, but Cheba Hut does have relationships with third party vendors that can be beneficial to some owners.
Why Choose Cheba Hut As a Franchise Opportunity?
Rather than focus on big corporate idealism to maximize the amount of money that gets taken out of a customer’s product , this business focuses on providing a great sandwich using fresh ingredients at a fair price.
How much does it cost to host a Cheba Hut first party?
You must host a one-day grand opening celebration “First Party” at your Cheba Hut Business within 60 days of opening, and spend a minimum of $2,500 on the First Party.
Where is Cheba Hut located?
Cheba Hut provides training at its training center in Fort Collins, Colorado or at another location designated by it. You must pay for airfare, meals, transportation costs, lodging, and incidental expenses for all initial training program attendees.
How long does it take to get reimbursed by Cheba Hut?
If Cheba Hut determines that the Opening Team must include more than three representatives or that the Opening Team must be present at the Cheba Hut Business for more than 14 days, you will reimburse Cheba Hut for the travel expenses and the salaries and benefits attributable to the extra representatives and/or extra days.
What is included in the Cheba Hut payroll?
They include payroll, uniforms, administrative, janitorial, maintenance, utilities, and other items.
How much is recon assistance for a cheba hut?
The RECON Assistance Fee is $15,000 for the first Cheba Hut Business that you purchase. If you have purchased a Multi-3 Franchise, the RECON Assistance Fee for the second and third Cheba Hut Business opened under the Multi-Franchise Addendum will be $10,000.
What equipment do you need to open a Cheba Hut?
This estimate involves the furniture, fixtures, and equipment you will need to open a Cheba Hut Business, such as chairs, tables, casework, refrigerators, freezers, toasters, exhaust hood, and other items.
How big is a restaurant?
Restaurants will typically be 2,000 square feet to 2,600 square feet in size. Restaurants are typically located in free standing outlets, shopping malls, and strip malls.
