Start-Up Costs and Fees |
||
| Larry's Giant Subs | Firehouse Subs | |
| Investment | 136800 - 201900 | 57502 - 868696 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3-5% | |
| Year Founded | 1982 | 1994 |
| Year Franchised | 1986 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Larry's Giant Subs | Firehouse Subs | |
| Experience | Industry experience General business 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! |
Financing Options |
||
| Larry's Giant Subs | Firehouse Subs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Larry's Giant Subs | Firehouse Subs | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Larry's Giant Subs | Firehouse Subs | |
| 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 | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Franchise Fee | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Royalty Fee | |
| Larry's Giant Subs | 6% |
| Firehouse Subs | 6% |
| Advertising Fee | |
| Larry's Giant Subs | |
| Firehouse Subs | 3-5% |
| Year Founded | |
| Larry's Giant Subs | 1982 |
| Firehouse Subs | 1994 |
| Year Franchised | |
| Larry's Giant Subs | 1986 |
| Firehouse Subs | 1995 |
| Term Of Agreement | |
| Larry's Giant Subs | 10 years |
| Firehouse Subs | |
| Renewal Fee | |
| Larry's Giant Subs | $1K |
| Firehouse Subs | |
Business Experience Requirements |
|
| Experience | |
| Larry's Giant Subs | Industry experience General business 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! |
Financing Options |
|
| Franchise Fees | |
| Larry's Giant Subs | No |
| Firehouse Subs | No |
| Start-up Costs | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Equipment | |
| Larry's Giant Subs} | |
| Firehouse Subs | |
| Inventory | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Receivables | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Payroll | |
| Larry's Giant Subs | |
| Firehouse Subs | |
Training & Support |
|
| Training | |
| Larry's Giant Subs | |
| Firehouse Subs | |
| Support | |
| Larry's Giant Subs | Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives |
| Firehouse Subs | |
| Marketing | |
| Larry's Giant Subs | Co-op advertising, Ad slicks, Regional advertising |
| Firehouse Subs | |
| Operations | |
| Larry's Giant Subs | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| Firehouse Subs | |
Expansion Plans |
|
| US Expansion | |
| Larry's Giant Subs | |
| 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 |
| Canada Expansion | |
| Larry's Giant Subs | |
| Firehouse Subs | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Larry's Giant Subs | |
| Firehouse Subs | Canada, Mexico |