how much is a snarfs franchise

Initial Franchise Fee: $30,000 to $40,000 The initial franchise fee is $40,000 for the first Franchise, and $30,000 for the second and greater Franchise. Amounts paid to Grasons or its affiliates are not refundable, except as specifically described in Item 5.

Full Answer

Who owns Snarfs sandwiches?

Jimmy SeidelJimmy Seidel ("Snarf") decided to stop looking for the world's finest sandwich... and set out to create it instead. In 1996, he opened the very first Snarf's in Boulder, Colorado in what's affectionately referred to as "The Shack".

How many Snarfs locations are there?

Snarf's Sandwiches opened its first location in Boulder, Colorado in 1996 in what is affectionately referred to as "The Shack." Since then, the family-owned business founded by Jimmy "Snarf" Seidel has grown to more than 25 restaurants in Boulder, Denver, St. Louis and Austin, Texas.

Where was Snarfs founded?

Boulder, Colorado is arguably one of the most beautiful cities in the world and has a great vibe, so I thought it would be a perfect location for the first Snarf's Sandwiches - and it has been! We opened our doors on June 25, 1996 in a 650 square foot building on Pearl Street that we affectionately call "The Shack."

How did Snarfs get its name?

About the sandwich chain's name: “Snarf was a nickname I got from my college girlfriend because I liked to eat a lot. It seemed like a good name for a sub shop,” Seidel says.

What is snarf snarf?

Definition of snarf transitive verb. : to eat (something) quickly or greedily : scoff entry 3 snarfed down some pizza …

What kind of animal is snarf?

In the 2011 cartoon, Snarf is the devoted cat-like pet of Lion-O. Unlike his predecessor, Snarf is primarily quadruped and does not speak beyond the occasional murmured word, although later episodes do feature him making his characteristic "SNARF-SNARF" noise, and on occasion "SNARFITY-SNARF-SNARF" noise.

How much money do you need to open a Snap On franchise?

Ensure you have adequate capitalization. In order to open a Snap-on franchise, you must have a net worth of more than $172,000. Appreciate the investment required for a franchise. Depending on how you pay for various parts of the business, including whether you buy or lease your mobile store, your start-up out-of-pocket expense can vary.

How much does Snap On cost?

How much does Snap-on franchise cost? Snap-on has the franchise fee of up to $16,000, with total initial investment range of $171,385 to $359,767. Initial investments: $171,385 - $359,767.

What is Snap On philosophy?

Snap-on has always maintained the philosophy that the customer's time was too valuable to spend going shopping for tools. Snap-on franchisees visit their customers in their place of work once weekly, in a van loaded with items for purchase.

Why A Sub Sandwich Franchise?

The sandwich and sub store franchises have experienced continual growth, because of healthy menu items and niche markets. This industry continues to experience growth, as menus at sub sandwich franchises provide a healthy and inexpensive alternative to the not so healthy fast food restaurants.

How Is USA Subs Different Than Other Sub Sandwich Franchises?

At USA Subs, we have been committed to use the freshest ingredients in our sandwiches and salads from the very beginning, and that commitment has continued for more than twenty years.

Training and Support

As a result of one of the most comprehensive training programs in the franchising industry, you will become an expert in this industry. We don't require you to have any prior experience in this field. We also provide free ongoing training and consulting that is typically implemented via webinar and telephone.

Get Started Today!

Once you become a part of our franchise family, we become committed to you. Our job doesn't end when you buy your franchise. In fact our job has just begun.

How much does it cost to open a Chick Fil A?

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

Does Chick Fil A have a minimum net worth?

Additionally, Chick-fil-A has no requirements for minimum net worth or liquid assets. However, Chick-fil-A charges a 15% royalty and takes 50% of all profits for franchisees, by far the steepest structure of any quick-service brand.

Does Chick Fil A require franchising?

While the franchising opportunity doesn’t cost much , Chick-fil-A “requires a holistic commitment to own and operate the business in a hands-on manner” from owners. Overall, Chick-fil-A’s unorthodox strategy has paid off.

Does Chick Fil A own the building?

Because Chick-fil-A covers all expenses involved in building and opening a restaurant, the franchisor also owns the real estate, building, equipment and virtually everything else in the store; the franchisee simply operates the business.

How much capital do you need to buy a Snap On franchise?

To buy a franchise with Snap-On Tools, you'll need to have $46,062 - $61,362 in liquid capital. Franchisees can expect to make a total investment of $163,452 - $279,752. *

What is Snap On?

Snap-on serves technicians in the auto, marine, and aviation industries, vehicle manufacturers, utilities, and government and industrial organizations.

What is Snap On Tools?

Snap-On Tools is looking for franchisees to take advantage of the growing demand for mobile tool stores. Our comprehensive training, proven business model, attractive financing options and the #1 professional tool brand in the world will help you start realizing profits in no time! Don't wait; contact us today!

Where is Snap On located?

Snap-on also has a franchise network of more than 4,000 franchisees. Headquartered in Kenosha, Wisconsin, Snap-on is a leading global developer, manufacturer and marketer of tool and equipment solutions for professional tool users.

Is Snap On a franchise?

The Snap-on franchise proposition stacks up well against other franchise opportunities in numerous ways. Cost of entry is very competitive, products are best in class and you will receive a protected list of calls. Plus, there is no expensive investment in a fixed site location or ongoing percentage rent like you have in most lease agreements.

What is franchise fee?

The franchise fee is basically a cover charge for entry into a franchise system. Think of it as the fee you pay the franchisor for doing the legwork developing the brand, and saving you from many (not all) of the pitfalls that come with starting a business from the ground up.

How much does it cost to franchise a single unit?

Seid, founder and managing director of Michael H. Seid & Associates, the initial investment for a single unit franchise typically falls in the $100,000 to $300,000 range.

How do franchisees get financing?

The first is having a family member or friend join in the franchise as a partner, sharing the financial and operational load of the business—and also the profits that come. The second is a family member or friend offers a loan, which the franchisee pays back.

What is FDD in franchising?

The FDD is an invaluable resource to have as you put together your budget for franchise investment. You can request an FDD, which must conform to Federal Trade Commission (FTC) guidelines, from a franchisor at any time but you must receive one to review at least two weeks before signing any contracts with a franchisor.

Why do you need to prepare documents before meeting with a franchise lender?

Before meeting with potential lenders, it will be to your benefit to prepare your documents in advance. Not only will it help expedite the process, it will help you show the lender you can be trusted with the responsibilities of a franchise business. Lenders strive to take on as little risk as possible.

How long does it take Glenn to finance his franchise?

The process of financing his franchise with his retirement funds took Glenn around four-to-six weeks. Glenn advises others seeking franchise funding “to make sure you do the due diligence. Research the business model thoroughly. If you can afford to overfund, especially with a 401 (k), do so.

Does the SBA loan money directly to franchisees?

In actuality, the SBA itself doesn’t loan money directly at all. The agency offers partial guarantees for the loans to the banks that participate in its programs.