6/10

Franchimp Summary Rating

1 /10
Higher than 91% of peers
10 /10
Lower than 9% of peers

Franchise Summary

Description
E & G Franchise Systems, Inc. (the "Company") franchises Erbert & Gerbert's Sandwich Shop restaurants ("E & G Restaurants"), which feature gourmet sandwiches and specialty soups to be served on the premises and for pick-up by, or delivery to, the customer.
Company Background
E&G is the only sandwich chain with a gourmet focus. We are passionate about sandwiches and soups, not just any old sandwich or soup. E&G's recipes are all made from scratch every day in our restaurants using fresh ingredients for an unbeatable taste experience that can't be found anywhere else.
Franchise Opportunity
A lot of people love sandwiches, but don't have the time or energy to make them at home. Who has time to make a sandwich from scratch? Not many people do, which is why so many of us end up eating unhealthy fast food instead. Erbert and Gerbert's Sandwich Shop offers an easy and affordable way to get your gourmet sandwich fix without having to spend hours in the kitchen. Plus, we offer soups, salads, and desserts that are just as delicious as our sandwiches.
Corporate Structure
E & G Franchise Systems, Inc. is a Wisconsin corporation incorporated under the name Erbert & Gerbert & Friends, Inc. in 1991. Their principal offices are at 4210 Southtowne Drive, Eau Claire, Wisconsin 54701.. The Company changed its name to E & G Franchise Systems, Inc. in January 2002. They began offering E & G Restaurant franchises for Traditional Locations in 1992.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Restaurants (Sit-Down) Industry

$628,879 / unit

Franchise Type: Standard

Average Revenue During 2021

$628,879
$628,879
Industry Low
$3,609,791
Industry High

Franchisee Attrition

1 /10
This franchise's rate of attrition in 2020 of 20.00% was Slightly Higher than the 8% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Distribution of Erbert and Gerbert's Sandwich Shop Franchisees

Erbert and Gerbert's Sandwich Shop Franchise System Development in 2021

FAQ

How much investment do I need to start my own Erbert and Gerbert's Sandwich Shop business?
Franchisees typically require at least $193 to $460 investment to get their Erbert and Gerbert's Sandwich Shop business started
What are the initial franchise fees for Erbert and Gerbert's Sandwich Shop?
Franchisees typically need to pay at least $32 in fees directly to Erbert and Gerbert's Sandwich Shop in order to earn the right to launch their business
How much money can I make with a Erbert and Gerbert's Sandwich Shop franchise? What are the average revenues for a typical Erbert and Gerbert's Sandwich Shop business?
We estimate that the average revenue of an individual Erbert and Gerbert's Sandwich Shop unit is approximately $628,879. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Erbert and Gerbert's Sandwich Shop unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $193,820 to $460,270 which is Much Lower than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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