Not Ranked

Initial Investment

LOW: $159,000
HIGH: $225,000

Change in Units

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Company Profile

Founded

1982

Franchising Since

1986 (30 Years)

Corporate Address

4479 Deerwood Lake Pkwy., #1 Jacksonville, FL 32216

CEO

Larry Raikes

Parent Company

Larry's Giant Subs Inc.

Financials

Financial Requirements

Initial Investment

$159,000 - $225,000

Net-worth Requirement

$300,000

Liquid Cash Requirement

$60,000

Ongoing Fees

Initial Franchise Fee

$20,000

Ongoing Royalty Fee

6%

Financing Options

Larry's Giant Subs has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Franchise 500® Rank History

  • 2010 - 491

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
Franchisor is seeking new units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 1-2 weeks

Training at headquarters: 3 weeks

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
National Media

Absentee Ownership Allowed

Number of employees required to run: 5 - 10

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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: November 5th, 2014

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