
Tubby's Sub Shop
Subs- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$138K - $313K
- Units as of 2021
-
56 9% over 3 years
Company Overview
About Tubby's Sub Shop
- Industry
- Food
- Related Categories
- Submarine Sandwiches, Sandwiches
- Founded
- 1968
- Parent Company
- Tubby's Sub Shops Inc.
- Leadership
- Robert Paganes, President/CEO
- Corporate Address
-
30551 Edison Dr., #A
Roseville, MI 48066
Business Overview
- Franchising Since
- 1978 (45 years)
- # of employees at HQ
- 14
- Where seeking
-
This company is offering new franchisees throughout the US.
- # of Units
- 56 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Tubby's Sub Shop 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
- $25,000 - $39,500
- Initial Investment
- $137,500 - $313,000
- Net Worth Requirement
- $75,000
- Cash Requirement
- $75,000
- Royalty Fee
- 4-6%
- Ad Royalty Fee
- 4%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
franchisees.
- In-House Financing
- Tubby's Sub Shop offers in-house financing to cover the following: accounts receivable
- Third Party Financing
- Tubby's Sub Shop has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll
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
- 92 hours
- Classroom Training
- 28 hours
- Ongoing Support
-
NewsletterGrand OpeningField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaRegional AdvertisingSocial MediaEmail Marketing
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
- 3-4
- Are exclusive territories available?
- No
Interested in ownership opportunities like Tubby's Sub Shop? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Tubby's Sub Shop landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Tubby's Sub Shop ranked on other franchise lists? Find out below.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Tubby's Sub Shop.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Take a Look at the Oldest Operating McDonald's Where Burgers Were Once 15 Cents
The spot is located in Downey, California.
How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise
Maya Ratcliff was searching for a hobby when she stumbled upon an art form that would ultimately change her life forever.
'Do You Know How Bad I Want This Money?': Man Finds $5,000 in McDonald's Drive-Thru Order
The customer went viral for what he did next.
The Top 15 Home-Based and Mobile Franchises for 2023
For budding entrepreneurs looking to franchise without leaving the house, these concepts offer flexibility.
Taco Bell Uses This Trick to Connect With Customers. You Can Use It To Connect With Anyone
Steal this tactic from one of the world's strongest brands.
Viral Meme Star Inks Deal With Popeyes Decades Later
Dieunerst Collin went viral after a man videotaped him on Vine delivering the perfect side eye.