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Port Of Subs

Submarine sandwiches & salads

Background

Founded: 1972 Franchising since: 1985
5365 Mae Anne Ave., #A29
Reno, Nevada 89523
Phone:
(800)245-0245/ (775)747-0555

Franchisee Association
National Advisory Council

Franchisor is a privately-held company with 25 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 122 0 0 26
2008 127 0 0 25
2007 124 0 0 24
2006 121 0 0 24
2005 124 0 0 20

Where Seeking Franchisees
Not available in the U.S.

Exclusive territories available.

Costs and Fees

Total investment: $199.3K-328.3K
Franchise fee: $7.5K-20K
Ongoing royalty fee: 5.5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $80K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • People skills; good credit history

Operations
  • 60% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 6
  • Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At corporate training store : 2 weeks

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#397 (2009); #336 (2008); #306 (2006); #328 (2005);


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