Is Firehouse a good franchise?

Firehouse Subs conducted their franchise review in December 2020, and collected feedback from 50% of the active franchisees (268). Highlights include: 80% of franchisees “strongly agree” or “agree” that the franchisor acts with honesty and integrity, higher than the industry benchmark.

How much does a firehouse franchise owner make?

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.

How profitable is a Firehouse Subs franchise?

For their efforts, the company splits royalties and franchise fees 50/50. If the average unit volume (AUV) is $600,000, the AR stands to make $18,000 from each restaurant in the area, building a great business as the market grows.

Is Firehouse Subs a good franchise to buy?

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.

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What does the initial franchise fee cover for Firehouse Subs?

50% of the then-current initial franchise fee; $1,500 if transfer is among the franchisee’s owners.

Firehouse Subs Franchise Costs & Fees.

Name of Fee Low High
Deposit $2,500 $2,500
Balance of Initial Franchise Fee (Less any Deposit) $17,500 $17,500
Mural $2,600 $4,300
Travel and Living Expenses during Training $0 $5,000

What is the best franchise to buy?

Best Franchises to Buy

  • McDonald’s.
  • 7-Eleven.
  • Dunkin’
  • The UPS Store.
  • Popeyes.
  • Sonic Drive-In.
  • Great Clips.
  • Taco Bell.

What is Firehouse Subs worth?

Firehouse Subs

Firehouse Subs in Gahanna, Ohio
Products Submarine sandwiches, hot subs
Revenue US$695 million (2019)
Number of employees About 2,000
Website www.firehousesubs.com

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 cheapest restaurant franchise to start?

14 food franchise opportunities

  1. Baskin-Robbins. Initial franchise fee: $25,000. …
  2. Auntie Anne’s. Initial franchise fee: $30,000. …
  3. Papa John’s. Initial franchise fee: $5,000. …
  4. Taco Bell. Initial franchise fee: $25,000 to $45,000. …
  5. KFC. Initial franchise fee: $45,000. …
  6. McDonald’s. Initial franchise fee: $45,000. …
  7. Dunkin’ …
  8. Pizza Hut.

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.
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Who is the CEO of Firehouse Subs?

Five Guys Burgers & Fries Franchise Cost / Initial Investment / Five Guys. The total investment to open a Five Guys Burgers & Fries restaurant franchise is between $152,000 and $360,000, with liquid assets available of $150,000. The franchise fee is $25,000.

How many Firehouse Subs franchises are there?

Why Firehouse Subs is a Fit For You

Surpassing 1,100 locations in the U.S., our expansion is carefully calculated to optimize potential, profitability, investment, and of course, our franchisee’s success.

How much does a Taco Bell franchise cost?

$1,500,000: Your minimum net worth in order to open a franchise. $45,000: The fee you must pay to Taco Bell to own a franchise. $1,200,000: The average start up and construction costs to build a new Taco Bell. Could be as high as $2.5 million.

How much does it cost to buy a McDonald’s franchise?

How much is a McDonald’s Franchise? The total investment necessary to begin operation of a traditional McDonald’s franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.