Why Own a Tom & Chee Franchise?
What is Tom and Chee?
When is the Tom and Chee Summit Pointe Plaza opening?
How much did Tom and Chee sell for?
$600,000Tom+Chee walked off the set with an agreement to sell 30% of the chain for $600,000. The appearance drew 2,400 inquiries from prospective franchisees, according to Tom+Chee's co-founders, Trew Quackenbush and Corey Ward, veterans of the Palomino polished-casual chain.
Did Tom and Chee go out of business?
Now, with the infrastructure to support long-term growth with enthusiastic, like-minded franchisees, Tom & Chee is prepared to expand its delicious concept nationwide. The first half of 2021 has already seen the acquisition and opening of several new locations, with seasoned and new franchise owners alike.
Who owns Tom & Chee?
Tom and Chee founders Trew Quackenbush and Corey Ward pitch their Cincinnati area gourmet grilled cheese shops to the Sharks in episode 424. Quackenbush is a self-taught cook who “cooked around” all over the USA learning his craft before settling in Cincinnati.
How many Tom and Chee franchises are there?
What is Tom & Chee? Tom & Chee is the nation's premier sandwich & grilled cheese franchise with more than 12 locations in seven states.
What happened to Tom and Chee founders?
The rebranding of Tom + Chee SharkTankBlog reports that after GSR brands (the parent of Gold Star Chili) acquired Tom + Chee, Trew Quackenbush left the company for a teaching position in a local high school while Corey Ward stayed with the brand. Although the duo split up, Tom + Chee continued on.
Which Shark Tank deals fail?
What Shark Tank deals have failed? ToyGaroo, ShowNo Towels, Sweet Ballz, Body Jac, CATEapp, Breathometer and You Smell Soap are some of the companies that went through Shark Tank and later on shut down.
Why did Tom and Chee go out of business?
Tom & Chee fell into a dangerous trap of opening larger and larger stores, Roger David, Gold Star's CEO, told RB, with units climbing to 2,500 square feet or more. “Pre-acquisition, what happened to the brand is that they had tremendous growth and didn't have the infrastructure to support it,” David said.
Does Gold Star Chili own Tom and Chee?
GSR Brands, the parent of Cincinnati's iconic Gold Star chili concept, acquired Tom & Chee in late 2017. At the time, Tom & Chee was a grilled cheese and soup brand with a cult following. It had been featured on Shark Tank and other TV shows.
How is Project Pollo doing today?
Now, Project Pollo has 12 brick-and-mortar units—in addition to two food trucks—and eight more are planned for the remainder of 2022. All of the restaurants are based in Texas, but not for much longer.
Who started Tom and Chee?
“We wanted to pick one thing and do it really well, and when we imagined families creating memories, grilled cheese just fit.” - Co-Founder Jenny Rachford. We knew we were on to something unique that resonated with people from all walks of life.
Tom & Chee Menu and Prices - Menus With Price
View the latest Tom & Chee menu and price information on menuswithprice.com, and find your favorite food.
Tom & Chee Menu and Prices - Menu With Price
Up to date Tom & Chee menu and prices, including breakfast, dinner, kid's meal and more. Find your favorite food and enjoy your meal.
Tom and Chee Shark Tank Update | Tom and Chee after Shark Tank
Drew Quackenbush and Corey Ward launched Tom and Chee in the winter of 2009 after Corey had an idea to open a grilled cheese and tomato soup business for the kid in everyone.
What is a Tom & Chee Franchise?
Tom & Chee has risen from humble origins to one of the rising stars in the $23 billion sandwich industry. In 2009, the first Tom & Chee location literally popped up in a tent near the ice-skating rink in downtown Cincinnati, Ohio, during the winter holidays. Since then, Tom & Chee has become a nationally-recognized brand after appearing on Shark Tank and growing to more than 12 locations in seven states.
Where is Tom and Chee located?
In 2009, the first Tom & Chee location literally popped up in a tent near the ice-skating rink in downtown Cincinnati, Ohio. Since then, Tom & Chee has become a nationally-recognized brand after appearing on Shark Tank and growing in seven states.
How many franchise locations do they have?
As of the 2020 Franchise Disclosure Document, there are 10 franchised Tom and Chee locations in the USA.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
Does Tom and Chee have franchise support?
Yes. Tom and Chee offers comprehensive support for franchisees. Unlock this franchise to find out more details.
Start-Up Costs
The start-up costs of purchasing a Tom & Chee franchise start off with the $30,000 franchise fee. It is important to note that this fee drops to $15,000 when you buy a second franchise and each subsequent location through number four.
Business Set-up Fees
Part of the overall cost to buy a Tom & Chee franchise is the fees that come with opening a new business. These include such items as fees associated with the establishing of water and electricity accounts for the restaurant. Current Tom & Chee locations see an average cost of $1000 for setting up of utilities.
Operating Capital
The business model of the Tom & Chee franchise incorporates the inclusion of additional capital to finance the first three months of operating costs. This money is budgeted for the cost of paying employees’ salaries.
Why Choose a Tom & Chee Franchise
The very first Tom & Chee established was a pop-up tent near the ice skating rink of downtown Cincinnati in 2009. Its popularity grew quickly thanks to the menu’s unique twist of an Americana childhood classic favorite: tomato soup and grilled cheese.
Current Locations
Presently there are seven of eight Tom & Chee franchises in business, with new locations opening soon. The state of Ohio, where the Tom & Chee franchise originated, hosts 4 locations.
Why Own a Tom & Chee Franchise?
After expanding to more than 12 locations across seven states, Tom & Chee is poised for a new era of rapid growth. With a simplified business model, state-of-the-art training and technology, a new menu and restaurant design, and new leadership with over 50+ years in the franchise industry, Tom & Chee is ready to welcome passionate franchisees who want to own a business that brings joy and love to their communities.
What is Tom and Chee?
This is what Tom & Chee, the iconic grilled cheese melt franchise seen on the hit television show Shark Tank, continues to get right after more than a decade in business. Tom & Chee stands out in the booming $23 billion sandwich category by focusing on providing truly craveable, elevated comfort food that brings families closer together with every bite.
When is the Tom and Chee Summit Pointe Plaza opening?
Visit Tom & Chee Summit Pointe Plaza June 21–25 for a shot at the Big Melt Giveaway Oklahoma City – Tom & Chee, famous for its melts, soups, and grilled cheese donuts, is holding a grand opening celebration for its new Oklahoma City restaurant June…
