How much does it cost to open a Firehouse Sub?

The initial single-unit franchisee fee is $20,000. The average turnkey investment for a traditional, non drive-thru location is approximately $350,000.

How much would it cost to open a Firehouse Subs?

How much does Firehouse Subs franchise cost? Firehouse Subs has the franchise fee of up to $20,000, with total initial investment range of $92,255 to $824,846.

Is Firehouse Subs a good franchise?

Firehouse Subs has been ranked as the number one Chain Restaurant for food quality (2016), service (2015) and atmosphere (2014) by Technomic’s. It was recognized as a Best Franchise to Buy by Forbes in 2015.

Do franchise owners make good money?

Our research shows that 37 percent of food franchise owners earn less than $50,000 per year, and just 16 percent – the “top performers” – earn more than $200,000 per year. … The good news is that our top food franchises report average earnings 15 to 20 percent higher than their competitors.

How much profit does a firehouse subs make?

Firehouse Subs Salary FAQs

The average salary for a Franchise Owner is $72,286 per year in United States, which is 8% higher than the average Firehouse Subs salary of $66,405 per year for this job.

IMPORTANT:  What NFPA standard specifies training and performance qualifications for firefighters?

What is the cheapest restaurant franchise to start?

Chick-fil-A is among the most successful fast-food chains in the U.S., and it’s also one of the cheapest to open.

How much to own a Chick Fil A?

Opening a Chick-fil-A franchise costs between $342,990 and $1,982,225, including a $10,000 franchise fee, but unlike most other franchisors, Chick-fil-A covers all opening expenses, meaning franchisees are on the hook only for that $10,000.

What is the most profitable franchise to own?

Most Profitable Franchises

  • Dunkin’
  • 7-Eleven.
  • Planet Fitness.
  • JAN-PRO.
  • Taco Bell.
  • Orangetheory Fitness.
  • Great Clips.
  • Mac Tools.

Was Firehouse Subs really founded by firemen?

Firehouse Subs is an American restaurant chain based in Jacksonville, Florida. It was founded in 1994 by former firefighter brothers Chris Sorensen and Robin Sorensen.

What is the average income of a McDonald’s franchise owner?

Franchise owners make a good income

Some McDonald’s franchise owners are naturally going to make more than others, but most franchise owners still pull in an estimated yearly profit of roughly $150,000 (via Fox Business).

Is owning a franchise passive income?

If you buy a franchise that does not generate that type of cash flow, you will be an owner-operator. In that case, you did not buy a business, you bought a job. … Bottom line: The less that the business needs your skills and expertise to run daily operations properly, the more suitable it is as a passive income business.

How do franchise owners get paid?

A franchisor makes money from royalties and fees paid by the franchise owners. A franchise owner makes money through profits received from sales and service transactions. … If a franchise’s total monthly gross sales income was $10,000 and the contract states a 6% fee, then the fees for that month would equal $600.

IMPORTANT:  Can a fire extinguisher be stored on the floor?

Which firehouse sub is best?

Most Popular Items at Firehouse Subs

  • Hook & Ladder Sub. #1.
  • BBQ Cuban Sub. #2.
  • Italian Sub. #3.
  • Meatball Sub. #4.
  • Smokehouse Beef & Cheddar Brisket Sub. #5.
  • Turkey Sub. #6.
  • Club on a Sub. #7.
  • Engineer Sub. #8.