Firehouse Subs

Firehouse Subs

Firehouse Subs
#62

Initial Investment

LOW: $128,760
HIGH: $1,160,900

Change in Units

+11.0% +99 UNITS (1 Year)
+19.3% +174 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1994

Franchising Since

1995 (21 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

$128,760 - $1,160,900

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

Franchise 500® Rank History

Highest Rank: 61

Lowest Rank: 144

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training at headquarters: 2 weeks

Additional Training: Training restaurant

Ongoing Support
Newsletter
Meetings
Grand Opening
Internet
Security
Field Operations

Marketing Support
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: May 18th, 2016

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