Firehouse Subs

Firehouse Subs

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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

3400 Kori Rd. Jacksonville, FL 32257

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

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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: September 14th, 2016

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