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Franchise 500 2023
2024 Franchise 500 Rank
#258 Ranked #275 last year
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Initial investment
$311K - $528K
Units as of 2023
130 Decrease 2% over 3 years

From their delicious turkey bacon ranch wrap to their yummy New York steak sandwich, Port of Subs has always had a tasty business. The company began as the Sub Shop, a modest submarine sandwich shop in Sparks, Nevada, founded by two brothers in 1972. John Larsen bought it and renamed it Port of Subs in 1975. Port of Subs soon became ten fully-owned units popular for their outstanding taste and quality servings. In 1985, Larsen decided to begin franchising the concept. Now, there are over 110 Port of Subs locations in the United States.

Why You May Want to Start a Port of Subs Franchise

Since the mid-1980s, Port of Subs has been offering franchise opportunities all over the U.S. For decades, the company has been serving quality meats, fresh bread, spices, and cheeses. Today, franchisees serve cold or grilled sandwiches, salads, wraps, and zesty dressings. Altogether, these delicious foods and the company's business model form a good opportunity for potential franchisees.

Opening a Port of Subs franchise typically trumps going at it alone. You'll likely benefit from a quicker setup, a well-developed customer base, less risk, and faster growth. As a franchisee, you'll be committed to following the company's precise product instructions and business operating system. The franchisor provides the tools, and you'll have access to their time-tested sales models, recognized name, vendor relationships, and purchasing power.

What Might Make a Port of Subs Franchise a Good Choice

Port of Subs currently operates in several franchise locations across the country, and the business is continually offering locations to franchisees. Port of Subs seeks individuals or teams dedicated to growth, consistency, convenience, and quality. Independent franchisees will have the opportunity to build loyal customer streams to possibly help them achieve personal goals.

Of course, franchise revenues will depend on specific factors, including your location, traffic, and lease rates. However, the franchise term with Port of Subs typically lasts for ten years, and if you are successful in your business ventures, Port of Subs may welcome the renewal of your contract. While working with them, you will also have territory rights and comprehensive franchisor support.

How To Open a Port of Subs Franchise

To be part of the Port of Subs team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, or renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

As you begin the process of opening a Port of Subs franchise, you will have the support of the main company. Advisors are available to help you at every step of the way, and through training and conventions, you will have all the necessary tools to create your business. 

Soon after, your adventure into the delicious world of the Port of Subs franchise will begin. Where will you let it take you?

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Company Overview

About Port of Subs

Industry Food
Related Categories Submarine Sandwiches, Sandwiches
Founded 1972
Parent Company Area 15 Ventures LLC
Leadership Adam Contos, CEO
Corporate Address 480 E. Happy Canyon Rd.
Castle Rock, CO 80108
Social Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since 1985 (39 years)
# of employees at HQ 42
Where seeking

This company is offering new franchises throughout the US.

# of Units 130 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Port of Subs franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$25,000
Initial Investment Information Circle
$310,500 - $528,225
Net Worth Requirement Information Circle
$250,000
Cash Requirement Information Circle
$100,000
Veteran Incentives Information Circle
$8,500 off franchise fee
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Port of Subs has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 200 hours
Classroom Training 25-40 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 6-10
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where Port of Subs landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Port of Subs ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022