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%
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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 locations does Cheba Hut have?
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.
What was the first Cheba Hut?
The OG Cheba Hut is located in Tempe, AZ.
How did Cheba Hut get its name?
But the weed-themed sub chain Cheba Hut is no joke. It's been said that stoners have little ambition beyond getting high. If that's true, then the owners of Cheba Hut, an Arizona-based sandwich chain named after the somewhat obscure '80s rap song “Cheeba Cheeba,” aren't exactly Jeff Spicolis.
What does cheba mean?
marijuanaIt 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.
Where is the original Cheba Hut?
The OG Cheba Hut is located in Tempe, AZ.
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.
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.
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 is the Flippy Bird contest?
12. The Flippy Bird Contest centered around a gaming app Cheba Hut invented to reward its most loyal customers. The one-of-a-kind mobile game provides bonus loyalty points that customers can exchange for grub and gear. But to win the grand prize, customers had to battle for the highest score of the game. The result? A total of 60,000 customers entered the contest from all over the country, playing at an average of four hours per week. The mobile game also increased social engagement for the brand by 15 percent, and the app’s download rate is up over 50 percent.
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.
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.
Who won the 2021 Flippy Bird Contest?
11. In mid-May 2021, Cheba Hut announced that John Bozek had won the brand’s National Flippy Bird Contest. Bozek won $5,000 as well as a year of free Cheba Hut and a giant wrestling-style award belt for his victory. The celebration, which took place in Cheba Hut’s Chicago location on May 12, showed the brand’s love for The Windy City by offering each guest a free meal.
When is the 2020 reporting period?
The financial information provided in this Item 19 represents the historical performance of the 14 Franchised Locations that operated as franchises during all of 2020 (“2020 Reporting Group”), and reports on results attained January 1, 2020 to December 31, 2020 (“2020 Reporting Period”).
Does Kush have subs?
6. The weed-themed eatery – none of its restaurants serve food with marijuana in it – features more than 30 signature subs, as well as snacks like Rice Krispy treats, salads, and beer with names based off of weed. Sandwiches on the menu include marijuana-themed names like Kush – a BLT – and Dank, which is a pizza sub.
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 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.
Are There Other Requirements That Must Be Met?
Unlike other franchises, there are no baseline net worth requirements or liquid capital requirements that are used as a screening tool to eliminate fringe investors. Cheba Hut takes each application for a franchise extremely seriously and looks at it as an opportunity to interview you to see what your business skills happen to be. This fits in line with the counter-culture idealism that this brand was initially founded upon in the late 1990’s. It’s not about creating big business. It’s about creating your business!
Section I – Background Information
1. In late May 2019, Cheba Hut celebrated its 25th store milestone with the opening of its Las Vegas restaurant. At the time of the announcement, Cheba Hut’s breakdown of units was 11 company-owned and 14 franchised.
Section II – Estimated Costs
Please click here for detailed estimates of Cheba Hut franchise costs, based on Item 7 of the company’s 2019 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
Please click here for detailed information on Cheba Hut’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2019 FDD.
Section V – Financial Performance Representations (Item 19, 2019 FDD) and Analysis
As of December 31, 2018, there were 20 Cheba Hut Businesses in operation. Eighteen of these businesses were open the full calendar year in 2018. Of these locations, six are owned by Cheba Hut’s affiliates (“Affiliate Locations”) and 12 are owned by franchisees (“Franchised Locations”).
