January 16, 2020
A major part of the PrimoHoagies brand makeup involves unwavering transparency, for both our customers and Primo owners. When you start a new business, why heighten the chances for any unpleasant surprises during any stage of the process? Let’s tackle the topic of your franchise cost and the purpose behind each portion of the PrimoHoagies initial investment.
The Franchise Fee, What Does it Mean? – $57,000-$70,000
The franchise fee is your gateway to the elements that separate a PrimoHoagies franchise from an independently-owned business. Consumer unfamiliarity with a service or brand is a difficult obstacle for many entrepreneurs to overcome. A recognized brand name, an established business model: these are major benefits of the franchise investment experience that you just can’t find on your own. The franchise fee incorporates both of those clearly into one clean cut cost.
Creating the Environment – $5,000
What you learn from starting a sub shop in South Philly is that there are plenty of shops out there that might look and sound just like yours. Our team has worked on diversifying our brand from the rest, and our guests expect that unique experience with each visit. When customers see your location’s PrimoHoagies red and green logo, they know what kind of visit they can expect. That is why part of the PrimoHoagies franchise investment includes the signs, fixtures, and equipment that are used to build the PrimoHoagies environment our consumers are used to.
Advertising Your Grand Opening – $10,000
Long lines of customers all eager to experience your culinary creations: it’s what every hungry entrepreneur dreams of for their grand opening. In order to create that busy first day, advertising your location is essential. That is why some of the funds for your initial investment are dedicated to creating buzz for your grand opening and getting the word out. What better way to get people excited about the new PrimoHoagies location in their community?
Having a Financial Backbone – Amount Varies
You should never have to worry about making a dash to find additional capital for your business. The starting months get busy enough, and our team found that this type of situation is certainly avoidable. At PrimoHoagies, we want to ensure that when you step into your business you are fully equipped with the resources it takes to maintain your store. That is why we have also factored your starting capital into your initial investment to help cover expenses for the first couple of months.
Do you want more of the deeper details of how much does it cost to start a sandwich shop? Contact us today and learn more about the PrimoHoagies investment structure.