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Post date: Apr 04, 2012 4:7:34 PM
Step 1. Write a short summary about two of the articles under Answers. Be prepared to discuss the topics with the class.
Step 2. Go to the Franchise section: and copy and paste the information about two Frachises
AT A GLANCE
#2
Products & Services: Submarine sandwiches & salads
Number of Locations: 36,353
Total Investment: $84.8K - 258.8K
Founded: 1965
Began Franchising: 1974
Private Owned
Startup Costs, Ongoing Fees and Financing
Startup Costs, Ongoing Fees and Financing
Total Investment: $84,800 - $258,800
Franchise Fee: $15,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 20 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $30,000 - $90,000
Liquid Cash Available: $80,000 - $310,000
OPERATIONS
65% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 8 - 12. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. Training available in Australia, China, Germany, India, Montreal, Canada & Miami, FL
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Local store marketing
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