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  Home  >>  Fast Food Restaurants  >>  Fast Food - Other
Silver Mine Subs

Yes, we actively support the inclusion and development
of minority-owned franchises in the Silver Mine Subs system.

Silver Mine Subs
925 Harmony, #500
Fort Collins, CO 80525


Submit an online form to receive information from Silver Mine Subs.
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Business Description

Our concept distinguishes itself with a lighthearted "Old Colorado" mining theme, which is reflected in our restaurant decor and sandwich names. The Silver Mine Subs menu focuses on legendary, fresh-made hot and cold sub sandwiches. Simple extras give our concept wider appeal: delicious wraps, salads, soup, chili, cookies and brownies. We deliver not just foot, but an experience. Our locations all offer dine-in, carryout and delivery service. Hours -- 10AM-3AM. Great advertising and solid marketing.

Franchisor Background

Year Established:  1996

Franchising Since:  2002

Operating Units:

Franchised Units:

12

57.1%
Company-Owned Units:942.9%
 
Total Operating Units:
21
100.0%
 
Minority Representation
Units Owned by Minorities:
African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority
  Program(s) in place:
 
Geographic Distribution:
U.S.:21100%In 7 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
21
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Arizona3
2. Colorado10
3. Illinois2

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $200K
Cash Investment:$50-75K
Total Investment:$192.5-342K
Average Total Investment:$267K
 
Fees:
Initial Franchise Fee:$20K
Average Franchise Fee:$20K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:4%
 
Average Number of Employees: 3-5 Full-time, 9-10 Part-time

Space Needs (in square footage): 1,200

Preferred Sites: Storefront

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:4
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:NR Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 7
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:No
Local Advertising:Yes
Marketing Materials:Ad Slicks, Coupons/rebates, Direct Mailers, Radio Ads, Site Signs
Additional Services:Grand Opening, Marketing Research, Newsletter, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:At Additional Cost
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Not Applicable
 
Training:
1. Corporate Headquarters3 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 8

U.S.:

Yes, All United States
Canada: No
Overseas: No
Submit an online form to receive information from Silver Mine Subs.
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