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Blimpie
7730 E. Greenway Rd., # 104
Scottsdale, AZ 85260
      Top100

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Business Description

International submarine sandwich chain, serving fresh-sliced, high-quality meats and cheeses on fresh-baked bread. Also offering an assortment of fresh-made salads and other quality products.

Franchisor Background

Year Established:  1964

Franchising Since:  1977

Operating Units:

Franchised Units:

1,210

99.2%
Company-Owned Units:100.8%
 
Total Operating Units:
1,220
100.0%
 
Geographic Distribution:
U.S.:1,21099.2%In 50 States
Canada:00%In 0 Canadian Provinces
International:100.8%In 0 Foreign Countries
 
Total:
1,220
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida209
2. Georgia193

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Washington, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $100K
Cash Investment:$25-100K
Total Investment:$75-250K
Average Total Investment:$162K
 
Fees:
Initial Franchise Fee:$18K
Average Franchise Fee:$18K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:4%
 
Average Number of Employees: 4 Full-time, 8 Part-time

Space Needs (in square footage): 1,200

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

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:2
Formal Education:2
Psychological Profile:2
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 100
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Local Franchise120 Hours
2. Atlanta, GA80 Hours
 
Expansion Plans
 
Projected New Units Over Next 12 months:

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from Blimpie.
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