Franchise Info

 

 

Quality franchising reduces the risks associated with starting your own business. Choosing to become a franchise gives you a distinct advantage in the marketplace because the franchiser who has a time-tested quality track record has already made the mistakes for you. That experience prevents you from making the same mistakes and enables you to receive the training and marketing assistance that is needed to ensure your success down the road. 

As our submarine/hoagies celebrate their 55th anniversary, Gracie’s Place continues it’s commitment to delivering the knowledge and understanding that gives our franchisees a better chance to succeed. Our operation is simple. We provide you with guidelines for success and profitability and help you gain your independence for very little money. Our low franchisee fee and our reasonable percentage of the Gross Volume of Business royalty fees make the opportunity of owning a Gracie’s Place very obtainable and lucrative.

Being part of the Gracie’s family enables you to access collective information from other Gracie’s Places in order to see what works and what doesn’t. We have one of the best variety menus that allows the franchise owner to best satisfy their customers. We are one of the very few that use very high quality ingredients in order to provide consistent high-quality products to our customers at a reasonable price.

It takes a great deal of initiative to risk going into business, especially if you have never done it before. Gracie’s Place will be there to help you in any way possible once you make that decision. We can assist our franchisees with site selection, business plans, bank referrals, instructions for bookkeeping and inventory control, layout, purchasing and installation of equipment, and in-house advertising. Our long-range goals for Gracie’s Place franchises are health, wealth and happiness, because our success hinges on your success.

Investment

These items are estimates only and are subject to variation depending upon size, location and other variables for each given store. The total cost required for a franchise as indicated below may vary from location to location.

FEE LOW HIGH
Initial Franchise Fee $12,500 $12,500
Training Fee $6,000 $6,000
Signage – Actual Cost of Sign $3,500 $5,000
Site Consulting Fee – Covers expenses in developing franchise & expenses during training $4,000 $4,000
Equipment/Fixtures/Remodeling $75,000 $100,000
Opening Inventory $7,000 $9,000
Insurance Premiums $2,000 $2,000
Opening Advertising $1,500 $4,500
* ESTIMATED INITIAL INVESTMENT $111,500 $143,000

* The costs above do not include such variables as real estate, leasehold improvements, and security deposits. Franchiser may finance portions of these costs

Starting a Franchise Today

Businesses, in general, are risky. In fact, a study by the U.S. Small Business Administration from 1978 to 1988 revealed that 62.2% of all new businesses were dissolved within the first six months of their operation for many reasons, including failure, bankruptcy and retirement. What looks like an easy opportunity to the inexperienced entrepreneur is usually too good to be true, and without the proper training or understanding of the resources needed to succeed, the results can be disastrous.

Knowledge

Gracie’s Place is committed to delivering the knowledge and resources that will give our franchises a better chance to succeed.

The best way to share our knowledge of the submarine/hoagie industry is through management training. Our 7-day training period is accomplished on-site at start-up, unlike other franchises who train at a nonfunctioning off-site location. Our trainers have years of hands-on experience with Gracie’s and are well-equipped to answer any questions or address any problems you may encounter.

Gracie’s Place is the smart choice for entrepreneurs seeking to own a profitable business. We offer a unique product that is hard to find because of the quality we put into every bite. Yes the bigger franchises are out there but they are not giving the customers their money’s worth and they are lacking customer service. Our subs have been around since 1955, how many big name sub/hoagie businesses can say that! More information about Gracie’s Place is just a phone call away.

Contact Us

graciesplaces1@gmail.com

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