Multi-Unit Franchisee Magazine 2014 Multi-Unit Buyer's Guide | Page 45

MULTI-UNIT Buyer’s Guide FOOD Rankings & Awards •  op 50 Up-and-Coming, T Franchising Magazine • Top 500 Fast Casual  Restaurants •  Best in Class Food, The Research Shop OPPORTUNITY Description Erbert & Gerbert’s Sandwich Shops have been in business for over 25 years and it’s our flavor that sets us apart. That is why we are known as FlavorNation! We offer flavorful sandwiches, gourmet recipe soups, and unique sauces that are not available anywhere else. We also offer gluten-free and vegetarian soup and sandwich options. We deliver and we cater. We have unparalleled support for our franchisees with a highly experienced corporate staff. • Positive comp sales for 9  of the past 10 years Fast Franchise Facts Franchising Since: 1988 Multi-Unit Franchisee Operating Units: 50 Total Franchise Operating Units: 70 units, 18 in development Company Operating Units: 1 Capital Investment: $196,500 - $391,700 Franchise Fee (per unit): $30,000 Royalty Fee (per unit): 6% Advertising fee (per unit): 2% Earnings Claims: No Build-Out Options: Free Standing, Drive-Thru, In-Line, End-Cap, Co-Branded Available Territories: All USA - Call for details Qualifications We are seeking people that share our ambition, core values, and passion for the brand, that are looking to grow through multi-unit ownership. $60,000 in cash or cash equivalents and a net worth of $300,000 required. We accept both Investors and Owner/Operators and offer protected territories. Multiunit operators are offered a reduced franchise fee on additional units. Demographics Residential Population: 20,000+ 2 mile radius. Daytime Employment: 6,000+ for 1 mile radius and 10,000+ for 2 mile radius. Median Income greater than $40,000. Lunch time traffic: 5,000+. College traffic and high foot traffic considered per location. Retail Centers with high visible end caps with drive-thrus are preferred. SITE LOCATION Assistance We have full time real estate consultants to search for quality sites and assist in lease negotiations, as well as design and construction staff. We have architectural firm and construction company partners for consistent and cost-effective build-outs. Contact Jeff Thames Director of Franchise Sales (651) 587-1693 [email protected] erbertandgerberts.com MULTI-UNIT BUYER’S GUIDE 2014 43