PARTY IN THE FRONT BUSINESS IN THE BACK!
PARTY IN THE FRONT BUSINESS IN THE BACK!
INVESTMENT BREAKDOWN
We’ve dedicated our careers to the Hut, and we’re only interested in partners willing to do the same. With that in mind, we’re currently only accepting candidates willing to commit to a 3-store package with a 3-year target. As a reward for your commitment, you’ll get a significantly reduced initial franchise fee.
The initial investment range for a single Cheba Hut ranges between $591,400 – $1,294,800 which is considerably lower than what many of those other Franchises want for a basic, cookie-cutter restaurant. The range is determined by the type and condition of the real estate and the particular market you are in.
Start-up costs include line items like leasehold improvements, equipment, furniture, inventory/supplies, grand opening marketing, and three months of initial working capital. A competitive benefit for Cheba Hut is our simple operational concept; our stores have no complicated and expensive hoods or grills; to produce the best damn sandwich you’ve ever had, our Franchise Owners only need the Cheba toaster. Due to the flexible smaller formats, build-outs will be cheaper than the often complex restaurant build-out.
EXPENDITURE (per store) |
LOW |
HIGH |
|---|---|---|
| Initial Franchise Fee | $50K | $50K |
| Real Estate & Construction Assistance Fee | $15K | $15K |
| Leasehold Improvements | $250K | $650K |
| Furniture, Fixtures, Décor and Equipment | $145K | $275K |
| POS System & Computers | $8.2K | $12K |
| Pre-open Tech Fee | $1.2K | $1.8K |
| Opening Team Expenses | $0 | $7.5K |
| Training Expenses | $15K | $25K |
| Architect & Engineering Fees | $15K | $40K |
| Site Survey Fee | $2.5K | $3.5K |
| Signs | $7.5K | $30K |
| Restaurant Lease – 3 Months | $18.5K | $40K |
| Miscellaneous | $15K | $30K |
| First Party / Grand Opening | $3.5K | $5K |
| Additional Funds – 3 Months | $45K | $70K |
| Initial Inventory | $7.5K | $20K |
| Attorney(s) & Legal | $5K | $15K |
TOTAL |
$591.4K |
$1.295M |
DOLLA DOLLA BILL, Y’ALL!
HERE’S A SNEAK PEAK OF WHAT THE FDD WILL SHOW YOU:
NET SALES AUV (average unit volume)
$2,012,431
HIGHEST PERFORMING LOCATION
$3,126,164
YEAR-OVER-YEAR SALES
23.18%
DOLLA DOLLA BILL
Cheba Hut shops experienced growth even during a once in a lifetime (fingers crossed) pandemic!
OUR HUTS
1998-2002
2002-2008
2008-2013
2013-2017
2017-2019
2020-Present
From day one, we have been focused on creating an environment in our stores that is relaxing, fun and genuine. While the cannabis theme is a hit, we are perhaps best known for the selection of tunes bumping in our Huts each day. We spend a good deal of time working with each sub shop Franchise Owner to ensure our newest Hut embodies the Cheba vibe.
No two Cheba Huts look the same. Unlike almost every other franchise out there, we don’t believe in the cookie-cutter store mentality. Rather, we focus on creating a Hut that celebrates each individual community. Each Franchise Owner works with a local artist to design a mural that reflects both them, and their community.
Target footprint for a Hut is 2,400-2,600 square feet, which thrives both as a stand-alone or in a local strip mall. We’re huge fans of patios (400 sq ft min), because they’re that finishing touch that helps lock in success.
