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Firehouse Subs

2014 Franchise 500
#65
At a Glance

Products & Services: Subs

Number of Locations: 727

Total Investment: $169.4K - $989.6K

Founded: 1994

Began Franchising: 1995

About Firehouse Subs

Brothers Chris and Robin Sorenson, both former firefighters, opened their first Firehouse Subs restaurant in Jacksonville, Florida, in 1994, and began franchising the concept just a year later. Each Firehouse Subs franchise is decorated with firefighting memorabilia and artwork, with a menu that features hot and cold subs and salads.

Franchise Units

Year U.S. Canadian International Company Owned
2013 697 0 0 30
2012 491 0 0 29
2011 388 0 0 29
2010 360 0 0 28
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $169,414 - $989,553
Franchise Fee: $20,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $90,000 - $100,000
Operations
Number of employees needed to run franchised unit: 18. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. Training restaurant : 6 weeks.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Agency field support

Franchise Ranking History

Franchise 500®: #65 (2014), #69 (2013), #96 (2012), #113 (2011), #113 (2010),
Fastest-Growing: #21 (2014), #21 (2013), #74 (2012), #97 (2011), #74 (2010),

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