- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$317K - $603K
- Units as of 2019
-
36 20.0% over 3 years
Company Overview
About Earl of Sandwich
Industry | Food |
---|---|
Related Categories | Sandwiches |
Founded | 2003 |
Parent Company | Earl Enterprises |
Leadership | Jim Stanley, CEO |
Corporate Address |
4700 Millenia Blvd., #400 Orlando, FL 32839 |
Social | Facebook, Twitter, Instagram |
Business Overview
Franchising Since | 2005 (19 years) |
---|---|
# of employees at HQ | 50 |
Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
# of Units | 36 (as of 2019) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Earl of Sandwich franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$25,000 |
---|---|
Initial Investment
|
$317,000 - $603,000 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$150,000 |
Veteran Incentives
|
$5,000 off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Earl of Sandwich has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 120 hours |
---|---|
Classroom Training | 33 hours |
Ongoing Support |
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 6 |
Are exclusive territories available?
|
Yes |
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