Start-Up Costs and Fees |
||
| My Friend's Place | Firehouse Subs | |
| Investment | 156650 - 260400 | 57502 - 868696 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 3-5% |
| Year Founded | 1980 | 1994 |
| Year Franchised | 1980 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Friend's Place | Firehouse Subs | |
| 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 |
||
| My Friend's Place | Firehouse Subs | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Friend's Place | Firehouse Subs | |
| Training | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days | |
| Support | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost | |
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed | |
Expansion Plans |
||
| My Friend's Place | Firehouse Subs | |
| US Expansion | Alabama, Florida, Georgia, Indiana, South Carolina, Texas | 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 | |
| My Friend's Place | |
| Firehouse Subs | |
| Franchise Fee | |
| My Friend's Place | |
| Firehouse Subs | |
| Royalty Fee | |
| My Friend's Place | 5% |
| Firehouse Subs | 6% |
| Advertising Fee | |
| My Friend's Place | 1% |
| Firehouse Subs | 3-5% |
| Year Founded | |
| My Friend's Place | 1980 |
| Firehouse Subs | 1994 |
| Year Franchised | |
| My Friend's Place | 1980 |
| Firehouse Subs | 1995 |
| Term Of Agreement | |
| My Friend's Place | |
| Firehouse Subs | |
| Renewal Fee | |
| My Friend's Place | |
| Firehouse Subs | |
Business Experience Requirements |
|
| Experience | |
| My Friend's Place | |
| 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 | |
| My Friend's Place | |
| Firehouse Subs | |
| Start-up Costs | |
| My Friend's Place | |
| Firehouse Subs | |
| Equipment | |
| My Friend's Place} | |
| Firehouse Subs | |
| Inventory | |
| My Friend's Place | |
| Firehouse Subs | |
| Receivables | |
| My Friend's Place | |
| Firehouse Subs | |
| Payroll | |
| My Friend's Place | |
| Firehouse Subs | |
Training & Support |
|
| Training | |
| My Friend's Place | 1. Headquarters 12 Business Days 2. Franchisee Site 12 Business Days |
| Firehouse Subs | |
| Support | |
| My Friend's Place | Field Operation Evaluation Field Training: At Additional Cost Initial Store Opening Inventory Control: At Additional Cost |
| Firehouse Subs | |
| Marketing | |
| My Friend's Place | |
| Firehouse Subs | |
| Operations | |
| My Friend's Place | Average Number of Employees: 2 Full-time, 2 Part-time Passive Ownership: Not Allowed |
| Firehouse Subs | |
Expansion Plans |
|
| US Expansion | |
| My Friend's Place | Alabama, Florida, Georgia, Indiana, South Carolina, Texas |
| 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 | |
| My Friend's Place | |
| 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 | |
| My Friend's Place | |
| Firehouse Subs | Canada, Mexico |