Start-Up Costs and Fees |
||
| Firehouse Subs | Mr. Hero | |
| Investment | 57502 - 868696 | 113000 - 305000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | 3-5% | |
| Year Founded | 1994 | 1965 |
| Year Franchised | 1995 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Firehouse Subs | Mr. Hero | |
| Experience | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! | Industry experience General business experience Marketing skills |
Financing Options |
||
| Firehouse Subs | Mr. Hero | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Firehouse Subs | Mr. Hero | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Firehouse Subs | Mr. Hero | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, Mexico |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Firehouse Subs | |
| Mr. Hero | |
| Franchise Fee | |
| Firehouse Subs | |
| Mr. Hero | |
| Royalty Fee | |
| Firehouse Subs | 6% |
| Mr. Hero | 5.50% |
| Advertising Fee | |
| Firehouse Subs | 3-5% |
| Mr. Hero | |
| Year Founded | |
| Firehouse Subs | 1994 |
| Mr. Hero | 1965 |
| Year Franchised | |
| Firehouse Subs | 1995 |
| Mr. Hero | 1970 |
| Term Of Agreement | |
| Firehouse Subs | |
| Mr. Hero | 10 years |
| Renewal Fee | |
| Firehouse Subs | |
| Mr. Hero | |
Business Experience Requirements |
|
| Experience | |
| Firehouse Subs | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! |
| Mr. Hero | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Firehouse Subs | No |
| Mr. Hero | No |
| Start-up Costs | |
| Firehouse Subs | |
| Mr. Hero | |
| Equipment | |
| Firehouse Subs} | |
| Mr. Hero | |
| Inventory | |
| Firehouse Subs | |
| Mr. Hero | |
| Receivables | |
| Firehouse Subs | |
| Mr. Hero | |
| Payroll | |
| Firehouse Subs | |
| Mr. Hero | |
Training & Support |
|
| Training | |
| Firehouse Subs | |
| Mr. Hero | |
| Support | |
| Firehouse Subs | |
| Mr. Hero | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Firehouse Subs | |
| Mr. Hero | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Firehouse Subs | |
| Mr. Hero | International franchisees required to buy multiple units/master licenses; 15-20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Firehouse Subs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Mr. Hero | |
| Canada Expansion | |
| Firehouse Subs | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Mr. Hero | |
| International Expansion | |
| Firehouse Subs | Canada, Mexico |
| Mr. Hero | |