Tom And Chee
The total investment to open a Tom And Chee franchise ranges from $37,500 to $358,190. The initial franchise fee is $25,000. Ongoing royalties are 5% plus a 1.5% advertising fee.
What is the Tom And Chee franchise?
Tom And Chee is a restaurant serving grilled cheese sandwiches and tomato soup. The estimated total initial investment is $37,500 to $358,190, and the initial franchise fee is $25,000.
The royalty is 5 percent of sales, and the advertising or brand fund fee is 1.5 percent. The franchise agreement term is 10 years. Tom And Chee was founded in 2009 and is headquartered in Troy, MI.
Loan Activity Score
23/100
SBA Default Rate
31.8%
Active Lenders
13
According to its Franchise Disclosure Document or public business records, Tom And Chee has 15 locations, all owned by franchisees. Public SBA loan records show 13 lenders made 22 loans to franchisees of Tom And Chee. PeerSense calculates Tom And Chee's score as 23 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 2009 · 15 locations
$37,500 to $358,190
$25,000
15
15 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Tom And Chee
22
Total SBA loans
$216K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Tom And Chee
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
31.8%
vs 10.3% peer avg
SBA Loans
22
Total Volume
$4.8M
Active Lenders
13
2 selective
States
13
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Tom And Chee based on SBA lending data
SBA Default Rate
31.8%
21.5% above peer avg
SBA Loan Volume
22 loans
Across 13 lenders
Lender Diversity
13 lenders
Avg 1.7 loans per lender
Investment Tier
Mid range investment
$37,500 to $358,190 total
Tom And Chee: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2015
9 approvals. The best year on record for Tom And Chee.
Top SBA State
Michigan
6 SBA financed Tom And Chee locations, the densest operator footprint.
Average Loan Size
$225K
Median $203K. Use as a sizing anchor when modeling your own Tom And Chee unit.
Lender Concentration
46.2%
Concentrated
Share of Tom And Chee approvals captured by the top 3 SBA lenders.
Tom And Chee's SBA lending pipeline peaked in 2015 (9 approvals). Operator density is highest in Michigan with 6 SBA financed locations. Average funded ticket sits at $225K, with the median at $203K. Lender mix is concentrated: the top three SBA lenders account for 46.2% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$388
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Tom And Chee, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman