Tom and Chee Franchise Analysis
Tom and Chee is analyzed based on our most recent FDD research!
Franchise Information
How much does an Tom and Chee business cost to open?
Tom and Chee has an initial franchise fee of up to $30,000, with a overall initial investment range of $302,700 to $456,000.
- Initial Franchise Fee: $30,000
- Total Investment: $302,700 to $456,000
- Working Capital: $10,000 to $25,000
- Royalty Fee: 5.0%
The initial purchase price of any franchise opportunity includes many fees. Check out this franchise opportunity to better understand the initial costs required to own an Tom and Chee, such as territory fees, construction and costs, pre-opening, marketing, and furniture and fixtures purchases.
Can you Afford This Franchise. Complete our Affordability Calculator to find out!
How much can I earn by owning a Tom and Chee franchise?
As with any new investment opportunity, the franchisee's income and the revenue from a Tom and Chee franchise opportunity depends on a variety of factors. One way to validate the potential revenues or profits earned from a Tom and Chee franchise investment is to review the franchisor's Item 19 within their FDD. Typically, profits and owner's salary are correspond to the size of the investment and number of locations you own. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a large role in your profit margin and your personal income
For more details and franchise specific on the revenue of an Tom and Chee franchise opportunity, unlock this franchise opportunity
How many franchise outlets does Tom and Chee franchise system operate?
As of the 2020 Franchise Disclosure Document, there are 10 franchised Tom and Chee locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any Tom and Chee franchise opportunities in my area?
Based on 2020 FDD information, Tom and Chee has franchise locations in 6 states. There could be zero outlets in several states as each franchise company maps out their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to people living in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory conditions. In addition to registration states, additional states have enforced franchise or business opportunity laws that mandate franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not review the FDD.
Based on the data collected this franchise opportunity is expanding into new cities and could be available in your city.
One of our researchers will have detailed knowledge about this franchise opportunity. Unlock to learn more and talk with our researchers.
Last Reviewed: 2020
Sector: Quick Service Restaurants
Category: Subs, Sandwiches, Soups and Salads
Tom and Chee Franchise INFORMATION
10 Years
10 Years
5
10
5.0%
3.0%
FAQS
Does this franchise provide any initial training and opening assistance?
Yes, they have an initial training program of 181 hours. This includes 79 hours of classroom training, 102 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 102 |
| Classroom | 79 |
| Total | 181 |
Does this franchise offer Territory Protections?
Tom and Chee offers territory protections. For an explanation of territory rights, unlock this franchise opportunity for more details.
Do they have marketing and technology support in place?
Yes, Tom and Chee offers comprehensive support for franchisees. Unlock this franchise to find out more.
When did they begin franchising?
They began franchising in 2012. The average Subs, Sandwiches, Soups and Salads franchise began franchising in 2005.
Does Tom and Chee offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this opportunity for instant access to our research reports, including:
- Growth analysis
- Turnover analysis
- Financial details
- Initial and renewal terms
- Royalties and ongoing fees
- Critical Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically earn?
- Do they provide Veteran or First Responder discounts?
- Do they use public figures to promote their franchise?
- Do they disclose any bankruptcies?
- Is this brand affiliated with any other franchise brands or private equity investment groups?
- How many new locations have they opened in the last 5 years?
- How many franchised locations have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated in the last 5 years?
- Do they operate any corporate or affiliate owned locations?
- How long is their initial and renewal term lengths?
- How do they solve franchise owner disputes?
- How long have they been franchising?
- Are they actively selling franchises across the United States?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- Is your desired franchise territory available?
- What support can you expect to receive from the franchisor?
- Why has new franchise outlet growth been so low?
- What are the financial requirements to be approved as a franchisee in this brand?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they offer multi-unit discounts for buying more than one outlet?