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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 E. Harmony, # 500
Fort Collins, CO 80525
800#:
Tel: (970) 266-2600 + 2
Fax: (970) 267-3538
E-mail: kdudek@silverminesubs.com
Web Site: www.silverminesubs.com
Contact: Mr. Keith Dudek, President/CEO


Our concept distinguishes itself with a lighthearted "Old Colorado" mining theme, which is reflected in our restaurant décor 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 food, but an experience. Our locations all offer dine-in, carryout and delivery service. Hours - 10AM-3:AM. Great advertising and solid marketing.




Franchisor Background

Established: 1996
First Franchise: 2002
Franchise Units: 8
Company-Owned Units: 10
Total Units: 18

Distribution:
> North America -- Operations in 6 States
> States/Provinces with Greatest Density: 10 in CO, 2 in AZ, 2 in IL

Units Owned by Minorities:
>African-American: 0
>Hispanic: 0
>Asian-American: 1
>Native American: 0
>Other: 0

Average Number of Employees: 3-5 FT, 9-10 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200 SF; SF, SC, RM (for abbreviations click here)


Financial Requirements

Cash Investment: $50-75K
Total Investment: $179.5-298.5K
Average Total Investment: $239K
Minimum Net Worth: $200K

Fees
>Franchise: $20K
>Average Franchise Fee: $20K
>Royalty: 6%
>Advertising: 4%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 10
Passive Ownership: Not Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 5
On-Going Support: a,B,C,D,E,F,G (for an explanation click here)
Training: 3 Weeks Corporate Headquarters.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.


Franchisor's Specific Expansion Plans

U.S.: All United States


Note: NR = No Response by Franchisor.
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