Firehouse Subs

Firehouse Subs

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Firehouse Subs
#15

Initial Investment

LOW: $124,678
HIGH: $1,263,115

Change in Units

+11.7% +105 UNITS (1 Year)
+38.4% +279 UNITS (3 Years)

Company Profile

Founded

1994

Franchising Since

1995 (22 Years)

Corporate Address

12735 Gran Bay Pkwy., #150 Jacksonville, FL 32258

CEO

Don Fox

Parent Company

Firehouse of America LLC

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.

Financials

Financial Requirements

Initial Investment

$124,678 - $1,263,115

Net-worth Requirement

$300,000 - $500,000

Liquid Cash Requirement

$90,000 - $100,000

Ongoing Fees

Initial Franchise Fee

$20,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

5%

Financing Options

Firehouse Subs has relationships with third-party sources which offer financing to cover the following: 
franchise fee, equipment, inventory

Veteran Incentives


$2,000 off first-store franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 30 days

Training at headquarters: 5 days

Additional Training: Training restaurant

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 18

Related Franchises

Related Articles

Meet This Year's Fastest Growing Franchises

Meet This Year's Fastest Growing Franchises

We release our annual list.
Tracy Stapp Herold
9 Small-Business Trends That Should Be on Every Entrepreneur's Radar

9 Small-Business Trends That Should Be on Every Entrepreneur's Radar

The struggle to make a living on Main Street never ends, but millions of people are remarkably happy trying to do it.
David Nilssen
9 Ways You Can Build a Strong Franchise Community

9 Ways You Can Build a Strong Franchise Community

You need a strong network of people all working hard to make your franchise a success. Find out what you can do to inspire those people.
Rick Grossmann

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: January 30th, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012