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.
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.
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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
- Baskin-Robbins. Initial franchise fee: $25,000. …
- Auntie Anne’s. Initial franchise fee: $30,000. …
- Papa John’s. Initial franchise fee: $5,000. …
- Taco Bell. Initial franchise fee: $25,000 to $45,000. …
- KFC. Initial franchise fee: $45,000. …
- McDonald’s. Initial franchise fee: $45,000. …
- Dunkin’ …
- 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.
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.