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  Home  >>  Fast Food Restaurants  >>  Cheesesteak




Mr. Hero
7010 Engle Rd., # 100
Middleburg Heights, OH 44130


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Business Description

MR. HERO�, known for cheesesteaks, burgers and subs, is an exciting alternative to the typical quick-service restaurant. The MR. HERO� difference centers on the food! MR HERO� has grilled food offerings, such as the signature Romanburgers, the Grilled Chicken Philly, Hot Buttered Cheesesteaks and Potato Waffer Fries. The extensive menu also boasts an assortment of deli subs, fresh salads, pasta and an array of sides and desserts. MR. HERO � is Keepin' It Fresh!

Franchisor Background

Year Established:  1965

Franchising Since:  1970

Operating Units:

Franchised Units:

86

94.5%
Company-Owned Units:55.5%
 
Total Operating Units:
91
100.0%
 
Geographic Distribution:
U.S.:91100%In 1 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
91
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Ohio91

Registered in Following Registration States: Illinois, Indiana, Maryland, Michigan, New York, Virginia, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$75-100K
Total Investment:$120-310K
Average Total Investment:$250K
 
Fees:
Initial Franchise Fee:$18K
Average Franchise Fee:$18K
On-Going Royalty:5.5%
Average Royalty:6%
Advertising Fee:5%
 
Average Number of Employees: 4 Full-time, 4 Part-time

Space Needs (in square footage): 1,500

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites: Co-Brand

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:4
Formal Education:4
Psychological Profile:5
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 12
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Catalogs, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Radio Ads, Site Signs, Television Ads, Trade Show Exhibits, Videos
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Cleveland, OH4 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 2

U.S.:

Yes, NE, E
Canada:No
Overseas:No
Submit an online form to receive information from Mr. Hero.