Port Of Subs

Port Of Subs

Subs, wraps, salads
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2021 Franchise 500 Rank
#345 Ranked #235 last year
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Initial investment
$220K - $399K
Units as of 2020
133 1.5% over 3 years

Company Overview

In 1972, two brothers from New Jersey opened submarine sandwich shop in Sparks, Nevada, naming it simply the Sub Shop. John Larsen bought the business in 1975 and held a contest to choose a new name for the shop. The winner was Port Of Subs. Over the next ten years, Larsen opened nine more stores, and in 1985, he began franchising throughout the western U.S. Port Of Subs menu features cold and grilled sandwiches, wraps and salads.

About Port Of Subs

Industry
Food
Related Categories
Submarine Sandwiches, Sandwiches
Founded
1972
Parent Company
Port of Subs Inc.
Leadership
John Larsen, CEO & Founder

Franchising Overview

Franchising Since
1985 (36 years)
# of employees at HQ
34
Where seeking

This company is seeking new franchisees in the following US states: Arizona, California, Idaho, Nevada, Oregon, Utah, Washington

# of Units
133 (as of 2020)

Franchisor Information

Corporate Address
5365 Mae Anne Ave., #A29
Reno, NV 89523

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
$18,500
Initial Investment
$220,100 - $399,200
Net Worth Requirement
$250,000
Cash Requirement
$80,000
Veteran Incentives
$8,500 off franchise fee
Royalty Fee
5.5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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
195 hours
Classroom Training
21 hours
Additional Training
As needed
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?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
6
Are exclusive territories available?
Yes

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.

Ranked #345

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021