How much does it cost to open a Firehouse Subs?
Average Firehouse Subs Franchise Cost. According to their official website, an initial investment for a single Firehouse Subs restaurant ranges from $131,150 to $928,405.
How many Firehouse Subs restaurants are there?
Firehouse Subs is a U.S.-based, fast casual restaurant chain founded in 1994 in Jacksonville, Florida by former firefighter brothers Robin and Chris Sorensen. Firehouse Subs has opened over 1,135 franchise restaurants in 44 states as well as Puerto Rico and Canada.
Why invest in Firehouse Subs?
As a leader in the fast casual sandwich industry, the demand for our uniquely-prepared Specialty Subs has blazed a trail all the way across the U.S. With our strong brand identity, exceptional franchisee relationships, and passionate executive team, Firehouse Subs is perfectly poised for development with the right investor.
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How much does a Firehouse Sub franchise owner make?
Salary Details for a Franchise Owner at Firehouse Subs The estimated base pay is $69,688 per year. The estimated additional pay is $46,321 per year.
How much does it cost to buy a franchise of Firehouse Subs?
The initial single-unit franchisee fee is $20,000. The average total cost for a traditional Firehouse Subs restaurant is $412,731. Investors would need a minimum of $100,000 in liquid cash to invest in order to qualify for financing for the investment.
Who currently owns Firehouse Subs?
Restaurant Brands International completes its purchase of Firehouse Subs. Restaurant Brands International on Wednesday said that has completed its $1 billion acquisition of Firehouse Subs. The deal gives the Toronto-based fast-food chain operator its fourth brand, to go along with Burger King, Tim Hortons and Popeyes.
How many Firehouse Subs franchises are there?
1,210 restaurantsFirehouse Subs is an American restaurant chain based in Jacksonville, Florida. It was founded in 1994 by former firefighter brothers Chris Sorensen and Robin Sorensen. Firehouse Restaurant Group, Inc. Firehouse Subs has over 1,210 restaurants in 46 states, Puerto Rico, and Canada.
What is the cost of McDonald's franchise?
The Franchise fee of McDonald's goes for around 30 lakhs INR; however, this fee is also attached with a 4 % monthly royalty fee as service fees to the brand. The actual investment amount differs, a business owner needs to keep a rough estimate of around 6 to 14 Crores.
What is the franchise fee for Dunkin Donuts?
Here is a breakdown and ranges of the financial requirements to open a Dunkin' franchise: Total investment range: $97,500 to $1.7 million. Initial franchise fee: $40,000 to $90,000 (varies by location) Net worth: $500,000 minimum.
How does Firehouse Subs heat their meat?
Firehouse Subs calls it their winning combination — steaming the meats and cheeses to release flavor, then stuffing it all into a toasted sub roll. “It is this method that sets us apart from the other sub shops, along with quantity and quality of meats and cheeses,” owner Eric Engelstad said.
What meat does Firehouse Subs use?
USDA Choice roast beef, smoked turkey breast, Virginia honey ham, and melted provolone, served Fully Involved.
How much does Burger King pay Firehouse Subs?
$1 billionOperators wanted a piece of Firehouse Subs. In mid-November, the Burger King, Tim Hortons, and Popeyes owner announced it agreed to acquire the 1,200-unit sandwich chain for $1 billion in an all-cash deal.
Are Firehouse Subs unhealthy?
Firehouse Subs offers some nutritious, low-calorie foods, and you can maintain complete control over your order—allowing this restaurant to please a number of discerning palates and diets. But most menu options are relatively high in sodium.
How much does it cost for a Baskin Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
Who owns Jersey Mike's?
Peter CancroIn 1987, Peter began franchising. He changed the name from Mike's Subs to Jersey Mike's Subs to capture the authenticity of where the authentic sub sandwich was born. Today, Peter Cancro is CEO of Jersey Mike's Franchise Systems Inc., overseeing more than 2,000 locations open and under development.
How much does it cost for a Baskin Robbins franchise?
Baskin-Robbins Franchise / Initial Investment / Baskin-Robbins Franchise Income. The estimated initial investment required to open a Baskin-Robbins ice cream franchise is $94,350 to $402,200, including an initial franchise fee of $25,000.
What is the net worth of subway?
Not merely famous for his net worth, he is best known as the founder of Subway, one of the most successful fast food franchises on the entire planet....Fred DeLuca Net Worth.Net Worth:$2.8 BillionProfession:Entrepreneur, BusinesspersonNationality:United States of America2 more rows
Where is the corporate office for Firehouse Subs?
Jacksonville, FLFirehouse Subs / HeadquartersJacksonville is a city located on the Atlantic coast of Florida, the most populous city in the state and is the largest city by area in the contiguous United States as of 2020. It is the seat of Duval County, with which the city government consolidated in 1968. Wikipedia
How long does it take for Firehouse Subs to advertise?
Firehouse Subs requires you to conduct a market introduction advertising and promotional program within the first 12 months after the opening of the Restaurant. This requirement may be waived if your Restaurant exceeds the franchisor’s expectations for sales performance.
How many people can you train at Firehouse Subs?
If space is available at such training sessions, Firehouse Subs will provide initial training for up to 3 additional people at no charge for a total of 5 attendees.
What items are included in Firehouse Subs?
This item may include tables and booths, sinks, refrigerators, ovens, steamers, ventilation systems, display cases, stools, chairs, utensils, computers, POS System, a phone system and facsimile machine that meets Firehouse Subs’ specifications and standards, a desk, filing cabinets, and related office supplies for a Restaurant.
Does Firehouse Subs offer financing?
Firehouse Subs does not offer financing directly or indirectly for any part of the initial investment for your Restaurant. The actual lowest total investment for an individual Restaurant of this category during 2020 was $264,477 and the actual highest total investment for an individual Restaurant was $595,926.
What is a firehouse sub?
Firehouse Subs Public Safety Foundation awards grants to first responders and non-profits on a quarterly basis, to support community safety. A majority of grants go toward purchasing lifesaving equipment for first responder organizations.
Where are Firehouse Subs located?
A few years later, Firehouse Subs began opening stores in Canada. Today, there are Firehouse Subs locations across 46 states, Puerto Rico, and Canada.
How many pages are there in the Firehouse Subs book of giving?
12. In mid-November 2020, Firehouse Subs Public Safety Foundation unveiled its first annual Book of Giving, an 18-page digital and print catalog showcasing more than two dozen of the most requested pieces of lifesaving equipment first responders rely on to do their jobs.
When did the Sorensens start franchising?
24. Building on the success of the first Firehouse Subs restaurant, the Sorensens began franchising in 1995. Not long after, however, the Sorensens decided that they didn’t want to go in that direction and bought back all of those franchised locations. The Sorensens focused on growing Firehouse Subs through company-owned stores. By the end of the 1990s, there were more than a dozen Firehouse Subs locations, including one outside of Florida.
Who founded Firehouse Subs?
In 2005, in the aftermath of Hurricane Katrina, Firehouse Subs founders Chris Sorensen and Robin Sorensen traveled to Mississippi where they fed first responders, as well as survivors. As they returned to Florida, exhausted and exhilarated, they knew more could be done, and the Firehouse Subs Public Safety Foundation was born. Over the past 15 years, the Foundation has awarded grants totaling more than $53 million in 49 states and Puerto Rico.
Who is the executive director of Firehouse Subs Public Safety Foundation?
“Since its inception, the Firehouse Subs Public Safety Foundation has worked tirelessly to provide equipment and needed resources to first responders and public safety organizations to help save lives,” said Robin Peters , executive director, Firehouse Subs Public Safety Foundation.
Does Firehouse Subs offer third party delivery?
Also, franchisees may offer products utilizing third-party delivery services at their option, including you. Most of the company-owned Restaurants (but not all) do so. The cost of using these services is reflected in the financial performance of Firehouse Subs’ company-owned Restaurants.
