Frequently Asked Questions and Answers
1. How much is the initial investment to open a Lee’s Hoagie House Restaurant?
The total estimated initial investment necessary to begin operating a Restaurant ranges from $110,800* to $322,425, which includes $30,000 that must be paid to the Franchisor, in addition to 5% Royalty ($200 minimum weekly), and 1% Brand Development Fee for one location. This includes initial costs such as build out, equipment, initial inventory, training expenses, grand opening advertising and 3 months of working capital. A breakdown of our start-up costs is available in our FDD, which qualified candidates will receive in the next step of our franchising ownership process.
The cost to open a Lee’s is extremely reasonable compared to other quick service restaurants. Also, we work with financing organizations that may be able to assist you in securing financing for your business.
*Based on a conversion model.
2. What is the initial Term?
Our initial term is 10 years which gives you time to establish your business, following our system, learn the path to developing and pleasing customers at your Lee’s Hoagie House. Apply now and get started today!
3. Are there any ongoing fees?
The ongoing royalty fee is 5% ($200 minimum) and is paid weekly. We also assess a brand development fee which is currently 1% of gross sales and benefits the brand owners in terms of developing image, ad templates and supporting the overall brand in the eyes of the customers. Local advertising is part of the individual owner’s responsibility. Lee’s offers ideas to aid you in all forms of marketing.
4. What is the size of a typical Lee’s Hoagie House Restaurant?
Your Lee’s Hoagie House will typically be located in a 1,200 to 1,800 square foot, retail space with great street visibility and plenty of parking
5. How do I find a location?
It is ultimately up to you, but part of your initial training and support will be to help find and select the right location. Lee’s Hoagie House Franchise Group will have the final approval on all locations.”
6. Is prior experience required?
Prior experience is not required. We have a comprehensive training program on our procedures, financial controls, staff management, marketing and consumer engagement programs. Initial training will be covered over a period of 4 weeks in one of our company owned locations in the Philadelphia area followed later by on site training in your shop once you’re done with build out.
We look for candidates who are outgoing, understand the value of the customer relationship and have a strong work ethic to continue to improve and offer best in class service and products.
7. How many employees are required to operate a Lee’s Hoagie House?
The staffing of a Lee’s Hoagie House depends on your volume. The average shop has between 8 to 15 full and part time employees.
8. Do I receive guidance on the purchase of inventory and supplies?
We evaluate suppliers based on their ability to provide products that are equal to or exceed our specifications and high quality standards, being able to support our shops with sufficient quantities while keeping costs competitive.
9. Does Lee’s Hoagie House have business forms, menu standards and marketing materials I can use?
Yes, we have a variety of useful forms and controls that will aid you in running an efficient operation and are part of our comprehensive Operations Manual.
10. How long will it take to open my first Lee’s Hoagie House shop?
The time to open your Lee’s Hoagie House depends on a number of variables. It is our desire to get you open as quickly as possible. You may be able to arrange financing, complete training, and have build out completed in as little as 90 to 120 days. The application and contract process can take as little as 2 to 3 weeks.
11. How do I get started?
Your first step is to fill out our simple inquiry form with your Name, Phone Number and E-mail. It is also helpful for us to know where you would like to open so that we can assess market availability before we discuss your qualifications.
Inquire and Apply Now!
After initial conversations, we’d like you to visit us. Meet our franchise leadership team and have lunch, on us!
Below is our process:
1. Complete Online Application
2. Initial Phone Call
3. Candidate Review
4. Complete Franchise Application
5. Conduct Due Diligence
7. Area of Interest
8. In Store Experience
9. Final Interview
10. Execute Franchise Agreement
11. Secure Location & Construction
13. Open Store