Tubby's Sub Shop Inc.
#477 Franchise 500| Subs

Tubby's Sub Shop Inc.
Subs

About
Founded

1968

Franchising Since

1978 (40 Years)

Corporate Address

30551 Edison Dr., #A
Roseville, MI 48066

CEO

Robert Paganes

Parent Company

Tubby's Sub Shops Inc.

Financial Requirements
Initial Investment

$102,900 - $283,500

Net-worth Requirement

$75,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$17,500 - $20,000

Ongoing Royalty Fee

4-6%

Ad Royalty Fee

4%

Financing Options

Tubby's Sub Shop Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Field Operations

Site Selection

Marketing Support

National Media

Social media

On-The-Job Training:

92 hours

Classroom Training:

28 hours

Additional Training:

Company store

Absentee Ownership Allowed
Number of Employees Required to Run:

3 - 4

Tubby's Sub Shop Inc. is ranked #477 in the Franchise 500!
Bio
Founder Richard Paganes opened the first Tubby’s Sub Shop in 1968 in St. Clair Shores, Michigan. The company began franchising in 1978 and has locations in the Midwest and southeastern United States. Tubby’s, which began as a family-owned and -operated business, is now public and is based in Clinton Township, Michigan.
Cost
Initial Investment: Low - $102,900 High - $283,500
Units
+3.5%+2 UNITS (1 Year) +3.5%+2 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Florida, Michigan, Ohio
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: October 18th, 2017
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