Business Description

Deli-style and grilled-to-perfection submarine sandwiches, along with soups, healthy salads, various side items, including fries and freshly-baked desserts and bread.

Franchisor Background

Year Established:  1968

Franchising Since:  1978

Operating Units:
Franchised Units:	70	97.2%
Company-Owned Units:	2	2.8%
Total Operating Units:	72	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: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Geographic Distribution: U.S.: 72 100% In 2 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 72 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Florida	1
2. Michigan	86

Registered in Following Registration States: Florida, Michigan

Financial Requirements

Investment:
Minimum Net Worth:	$500K
Cash Investment:	$75K
Total Investment:	$50-150K
Average Total Investment:	$100K
Fees:
Initial Franchise Fee:	$12.5-15K
Average Franchise Fee:	$13K
On-Going Royalty:	6%or $200/Wk.
Average Royalty:	6%
Advertising Fee:	4%/$150/Wk.

Average Number of Employees: 2-4 Full-time, 3-5 Part-time

Space Needs (in square footage): 1,200-1,500

Preferred Sites: Free-standing Building, Strip Center

Other Sites: Gas Stat.

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	3
Specific Industry Experience:	2
Formal Education:	2
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	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:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	15
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	No
Financial Assistance?	Yes, Indirect
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Not Applicable
800 Telephone Hotline:	Included in Fees
Training:
1. Clinton Township, MI	3 Weeks/120 Hours
Expansion Plans
Projected New Units Over Next 12 months: 10 U.S.: Yes, Michigan Only Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Tubby's Sub Shops.