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 $628,650 – $2,015,900 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 fryers 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 |
| Leasehold Improvements | $275K | $1.1M |
| Furniture, Fixtures, Décor and Equipment | $150K | 325K |
| POS System & Computers | $0 | $15K |
| Pre-open Tech Fee | $900 | $2.4K |
| Opening Team Expenses | $0 | $20K |
| Training Expenses | $15K | $25K |
| Architect & Engineering Fees | $17.5K | $50K |
| Site Survey Fee | $1.75K | $3.5K |
| Signs | $10K | $50K |
| Restaurant Lease – 3 Months | $20K | $50K |
| Miscellaneous | $15K | $30K |
| First Party / Grand Opening | $3.5K | $10K |
| Additional Funds – 3 Months | $50K | $100K |
| Initial Inventory | $15K | $30K |
| Professional Fees | $5K | $15K |
| Liquor License Cost | $2.5K | $200K |
TOTAL |
$631.2K |
$2.1M |
DOLLA DOLLA BILL, Y’ALL!
HERE’S A SNEAK PEAK OF WHAT THE FDD WILL SHOW YOU:
NET SALES AUV (average unit volume)
$2,307,476.66
HIGHEST PERFORMING LOCATION
$3,620,146.42
YEAR-OVER-YEAR SALES
27.68%
INTERACTION GROWTH
20.10%
DOLLA DOLLA BILL
Cheba Hut shops experienced growth even during a once in a lifetime (fingers crossed) pandemic!
AVERAGE ANNUAL SALES GROWTH SINCE 2019
34.65% YOY sales growth since 2019
With in-house, Construction, Design, and Real Estate expertise, HQ assists owners in getting creative to maximize efficiency and keep build out costs reasonable.
