To buy a franchise with Cheba Hut, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $315,500 - $639,500. Cheba Hut charges a franchise fee of $40,000. They also offer financing via 3rd party.
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Who Is Cheba Hut Looking For?
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. We know we build real and lasting employee culture and we’re determined to prove all that out on the bottom line of our P&Ls.
What is a cheba hut?
Cheba Hut is the quintessential “anti-corporation.” Since 1998, we have broken the mold of mundane, fast-casual concepts and set ourselves apart by becoming the first marijuana themed “joint” (pun intended). We are dedicated to combining locally sourced ingredients with a chill, eclectic environment where real food is served by genuine people.
How many parties does a franchise owner throw each year?
You should also enjoy the idea of giving back. Each Franchise Owner is required to throw 2 parties/concerts each year as a part of giving back to their loyal customers.
Is there a deep fryer at Cheba Hut?
At Cheba Hut, however, we’ve simplified the heck out of our operation, so that our Owners can enjoy running their business. At Cheba Hut, there are 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.
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.
What is franchising fee?
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What does absentee ownership mean?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
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.
DO IT YOUR WAY
Want to own a profitable and proven sub sandwich franchise business, but don’t want to be another cog in “The Man’s” system? Take our proven model, but keep your individuality. Be great, but have fun and do it your way.
EMBRACE COMMUNITY
We don’t do cookie-cutter stores here at Cheba Hut. We embrace our community by celebrating what is unique and special about each market we open in. Our “Secret Stash” menu (Sandwiches unique to each market), and local beers help reinforce this.
HIGH PROFITS
Our average Hut generates $1.3 million in revenue – about twice that of your typical sandwich franchise. And with average sales growth rate of over 13%, you can start to see why Cheba Hut is the real deal.
RAVING FANS
We got street cred! With our following of over 45,000 on social media, and hundreds of 5 star yelp and google reviews, all new Cheba Owners open their doors with an already killer reputation in the sub sandwich franchise industry.
KEEPIN' IT SIMPLE
Most restaurants are really hard work. This is probably why the average Franchise Owner in this industry doesn’t get to have a whole lot of fun. At Cheba Hut, however, we’ve simplified the heck out of our operation, so that our Owners can enjoy running their business.