The Firehouse Subs Franchise is a franchisor in America, LLC. The franchise is for the foundation and activity of a restaurant which offers and serves huge segment hot submarine style sandwiches in a one of a kind putting out fires environment and decency at an efficient cost under the Firehouse Subs exchange name and business framework.
Brothers Chris and Robin Sorensen, both previous firemen, opened their first Firehouse Subs restaurant in Jacksonville, Florida, in 1994, and started franchising the idea only a year later.
Every franchise is beautified with firefighting memorabilia and work of art, with a menu that highlights hot and cold subs and plates of mixed greens.
Are you excited to start a franchise of Firehouse subs, here you will get details about the store.
Contents
#1. Firehouse Subs Franchise Opportunity
What are the Firehouse Subs Franchise Opportunity At headquarters, we like to consider our development a “controlled consume.” Nearing 2,000 areas, our quick easygoing food
extension is carefully determined to streamline potential, benefit, venture, and obviously, our franchisees’ prosperity. As we develop, we’re entering new markets en route just as extending in existing quick easygoing franchise markets. As that is a fire with some genuine warmth, it is ideal that we were established by firemen.
- OUR WAY BEATS THEIR WAY
- SPREADING LIKE WILDFIRE
- OPERATIONAL EXCELLENCE SERVICES
- POWERFUL MARKETING
- COMMUNITY SERVICE
- EXTENSIVE TRAINING
#2. Firehouse Subs Franchise Cost
Follow below Investment Firehouse Subs Franchise Cost.
1. Firehouse subs franchise cost:
| Estimated Investment Cost | ||
| Name of Fee | Low | High |
| Deposit | $2,500 | $2,500 |
| Balance of Initial Franchise Fee (Less any Deposit) | $17,500 | $17,500 |
| Mural | $3,000 | $6,650 |
| Travel and Living Expenses during Training | $0 | $14,000 |
| Opening Advertising | $5,000 | $14,000 |
| Rental of Site (3 months) | $8,430 | $23,625 |
| Real Property Improvements | $0 | $42,000 |
| Leasehold Improvements | $59,470 | $325,203 |
| Deposits and Prepaid Expenses | $0 | $22,283 |
| Signs | $6,000 | $42,000 |
| Equipment and Fixtures | $55,000 | $117,270 |
| Opening Inventory | $3,683 | $20,970 |
| Business Licenses | $0 | $21,725 |
| Insurance | $197 | $12,285 |
| Miscellaneous Expenses (3 months) | $0 | $92,442 |
| Additional Funds (Working capital – 3 months) | $0 | $51,000 |
| MIS System Fee | $0 | $2,600 |
| Accounting System Fee | $0 | $15,337 |
| ESTIMATED TOTAL* | $160,583 | $843,390 |
Other Cost/Fee
| Type of Fee | Amount |
| Royalty | 6% of Gross Sales per Accounting Period (Reduced to 3% of Gross Sales during the first 2 years of operation for each Incentive Restaurant opened). |
| MIS System Fees | $1,200 |
| System Fund | Not to exceed 1% of Gross Sales/ Accounting time Period |
| Local Advertising | 4% of Gross Sales. |
| Additional Training | $50 per person, per day. |
| Refresher Training | $100 per person, per day. |
| Transfer | 50% of the then-current initial franchise fee; $1,500 if transfer is among the franchisee’s owners. |
| Renewal | 25% of the then-current initial franchise fee. |
| MIS Fees | To be determined; not currently charged. |
| Audit | Cost of inspection or audit plus travel. |
| Interest | 18 % / month of lesser or highest contract rate of interest allowed by law. |
| Late Payments Penalties | $250 |
| Manual | $100 |
| Management Fee | $1,500 per week. |
| Costs and Attorney’s Fees | Will vary under the circumstances. |
| Indemnification | Will vary under the circumstances. |
| Testing | $250 per day plus laboratory fees, professional fees, personnel travel and living expenses and other 3rd party fees the franchisor incurs. |
| Relocation Expenses | Costs of relocation. |
| Successor Extension Fee | Currently, $500 for every 2-week extension granted |
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#3. Firehouse Subs Franchise For Sale
What are the Firehouse subs franchise for sale requirements;
1).Complete request for an application form on the homepage website
2). Meet franchise representative of your area
3). Go to revelation sessions
4). Execute your franchise agreement process
5). Find the right location & execute the setup business plan on location
6). Finally, Open your store.
