Atlantic City Sub Shops
At a Glance
Products & Services: Submarine sandwiches & salads
Number of Locations:
Total Investment: $100K - 275K
Founded: 1986
Began Franchising: 1995
About Atlantic City Sub Shops
Brett Perlman, Scott Perlman and Santo Formica founded Atlantic City Sub Shops in 1986, opening their first store in Egg Harbor Township, New Jersey, just west of the shoreline destination. From that location, the partners began serving submarine sandwiches for customers who would eat in, take out or order delivery.The company overnights sandwiches made in the Egg Harbor store to customers who don't have an Atlantic City Sub Shop location near them.
Startup Costs, Ongoing Fees and Financing
Total Investment: $100,000 - $275,000
Franchise Fee: $15,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 3 years, renewable
Franchise Fee: $15,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 3 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $120,000
Operations
Number of employees needed to run franchised unit: 13 - 15. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 4-6 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Grand opening, Internet, Field operations/evaluations,
Marketing Support: Ad slicks, Regional advertising,
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