How much does a Firehouse Subs franchise cost?
- Initial Franchise Fee: $20,000
- Total Investment: $57,502 to $862,591
- Working Capital: $0 to $60,000
- Royalty Fee: 6.0%
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How much does a Firehouse Subs franchise owner make?
The estimated total pay for a Franchise Owner at Firehouse Subs is $116,018 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 much is it to buy a Taco Bell franchise?
Costs overview Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. This, too, will vary depending on the details of your specific Taco Bell franchise. Net worth: The current net-worth requirement is around $1.5 million worth of assets.
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.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
What is the most profitable franchise?
Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...
How Much Is a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
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.
How much money do you need to open a Chipotle franchise?
Estimated Chipotle Franchise CostType of ExpenditureEstimated AmountLowHighChipotle Franchise Fee (if they franchised)$20,000$25,000Real Estate Purchase or Lease(may vary substantially based upon the location)Site Preparation and Completion Costs$150,000$400,00011 more rows•Jul 19, 2022
What is the net worth of subway?
Subway was founded by 17-year-old Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut....Subway (restaurant)Subway restaurant at The Burwood Plaza Shopping Centre in Sydney, AustraliaRevenueUS$16.1 billion (2019) US$10.2 billion (U.S.)OwnerDeLuca family14 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.
