Is Dave's Right For Me?
Frequently Asked Questions
If you want to become part of the Cosmic Nation and spread the Dave’s Cosmic Subculture in your part of the world ask yourself the following questions:
Am I an extrovert that loves to engage people and provide a great customer experience?
Am I a team player with a positive attitude?
Do I love to have fun while working really hard?
Am I willing to follow proven processes perfected since the franchise’s inception?
Am I a clean freak?
Do I have the financial means to open a store and reinvest in ongoing promotion to build my business?
Do I want to part of a winning team ready that is ready for explosive growth?
Do I love rock ‘n’ roll and relate to the era of the 1960s and 1970s?
Can I live the Dave’s Cosmic Subs Mission, Vision and Values?
To spread love around the world one sub at a time – love of great food, love of people, and love of rock ‘n’ roll.
To connect with all generations through the universal languages of peace, love, music, and great food resulting in cosmic growth of the franchise.
Positive Energy – through music and from our Cosmic staff
Engaging and Fun – making customers and employees want to come back every day
Attention to Detail – perfect subs every time; cleanliness beyond belief; true to our concept
Care – about customers and the Dave’s Cosmic family
Experience our Mission – in every customer interaction
If your answers are yes to the above questions, we want to talk to you!! Please complete the Franchise Form and submit your information. Someone will be in touch with you to discuss available Cosmic opportunities!
|CATEGORY OF EXPENDITURE||AMOUNT||TO WHOM PAYMENT IS PAID|
|Initial Franchise Fee||$25,000||Franchisor|
|Real Property (One Month and Security Deposit)||$5,000 – $10,000||Landlord|
|Architectural Fees||$6,000 – $15,000||Architect|
|Leasehold Improvements||$65,000 – $250,000||Contractor|
|Equipment / Furniture & Fixtures / Signage / POS System / Security / Sound System||$82,000 – $85,000||Outside Suppliers|
|Grand Opening Assistance||$3,500||Franchisor|
|Supplies, Travel and Living Expenses Associated With Initial Training||$10,000 – $20,000||Third Parties|
|Start-up Inventory / Supplies||$8,000 – $15,000||Approved Suppliers|
|Miscellaneous Deposits||$1,000 – $3,500||Suppliers|
|Additional Funds – 3 Months||$5,000 – $25,000||Suppliers / Employees|
|Insurance (12 months)||$3,000 -$4,000||Insurance Company|
|Total Estimated Initial Investment||$213,500 – $456,000||Costs can vary by location and state|
This is for informational purposes only; additional information is contained in the Franchise Disclosure Document (FDD). This is not intended as an offer to sell or a solicitation to buy a franchise. An offer to sell or solicitation to buy a franchise will not be made until all necessary pre-sale registration and disclosure requirements have been met.
What are you looking for in a Dave’s Cosmic Subs’ Franchisee?
We are looking for franchisees with a good business sense, management capabilities, financial means, and a belief in our concept. An ideal candidate is also an extrovert who loves to engage people, a team player with a positive attitude, willing to follow our tried and true system, a clean freak, and someone who is honest, hardworking – and it goes without saying, loves rock and roll!
How long does it take to open a Dave’s Cosmic Subs store?
From the time you sign the Franchise Agreement and select a location, it can take anywhere from 120 days to 180 days to complete construction. Municipal and state requirements can greatly impact the length of time it takes to open a location.
Do you offer financing to franchisees?
No, we do not.
How much does a typical franchise make in a year?
The Federal Trade Commission and various state regulations prevent us from sharing expected profits with potential franchisees. We will provide you with contact information for existing franchisees with whom you are free to speak regarding performance of their stores.
What are your royalty and advertising fees?
Royalty fees are 6% of gross sales and paid on a weekly basis. Advertising fees will not exceed 5% of gross sales.
What kind of training can I expect to receive?
Very detailed training in the Dave’s Cosmic Subs franchise system, including instruction with respect to corporate standards, methods, procedures and techniques is provided. Two people per franchise will experience this in-depth training program, which includes 80 hours of hands-on, instructor-led training in the Chagrin Falls or other location of Franchisor’s choice. Upon completion of this training, the franchisee or his/her representative(s) will be equipped to train store employees. Additionally, multiple members of the corporate staff will also be on-site for at least two days pre- and three days post- store opening to ensure smooth operations. Ongoing corporate guidance is always available.
What is the ratio between corporate and franchisee-owned stores?
Dave’s Cosmic Subs is 100% franchisee-owned.
Are multi-unit opportunities available?
Multi-unit opportunities are available for experienced franchisees with appropriate finances.
Is master franchising an option? We will entertain master franchising for qualified candidates.