Franchise FAQ

how much sandwich shop franchise

by Garnet Reilly Published 1 year ago Updated 1 year ago
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138 Best Sandwich Franchises in USA for 2022 (UPDATED RANKINGS)

  • 1. Subway Investments $147,050 Franchise fee $15,000 ...
  • 2. MOOYAH Investments $412,750 Year Brand Started – 2007 ...
  • 3. KFC Investments $1,465,550 Franchise fee $45,000 ...
  • 4. Burger King Investments $323,100 Year Brand Started – 1956 ...
  • 5. Wendy's Investments $292,500 Franchise fee $40,000 ...
  • 6. Arby's Investments $314,550 Year Brand Started – 1964 ...
  • 7. Jimmy John's Gourmet Sandwiches Investments $329,500 ...
  • 8. Quiznos Subs Investments $177,564 ...

Full Answer

What is the largest sandwich franchise?

Without a doubt, the largest sandwich franchise in the world is Subway. But beyond Subway, there are so many different kinds of sandwich franchises out there to choose from. Below are investment summaries for several of the top sandwich franchises actively looking for franchisees.

How Much Is a Subway sandwich 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 is an Earl of Sandwich franchise?

How much does an Earl of Sandwich franchise cost? Earl of Sandwich has a franchise fee of up to $25,000, with a total initial investment range of $317,000 to $598,000.

How much is a Jersey Mike's franchise?

InvestmentType of ExpenditureActual or Estimated AmountsWhen DueInitial Franchise Fee$18,500On Signing of the Franchise AgreementReal Estate and Construction Fee$5,000On Signing LeaseRent/Lease CAM/Taxes/Lease and Utility Security Deposits$0 - $38,250MonthlyArchitectural Fees$4,876 - $16,000As Arranged15 more rows

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

How much is Mcdonalds franchise fee?

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

How Many Earl of Sandwich locations are there?

Earl of Sandwich®34 Locations in the US Earl of Sandwich offers famous artisan bread baked when you order, and traditional family recipes prepared with fresh ingredients. At Earl of Sandwich we love making sandwiches and sincerely hope you enjoy eating them. Find your nearest Earl of Sandwich location today!

Who owns Earls Kitchen and Bar?

Our Family Run Business. Founded in 1982 by father-son duo Bus and Stan Fuller, Earls has been built on the foundation of family since day one. While we've now grown to more locations across North America, that close-knit feeling is still rooted in our company today. 68 Locations and Counting.

How long has Earl of Sandwich been in business?

Our family knows about great sandwiches. We Invented the Sandwich® and have been eating sandwiches since 1762. Using 250 years of experience, we bring you Earl of Sandwich ®.

How much is it for a Starbucks franchise?

Initial Start-Up Funding The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.

How much is a 5 Guys franchise?

The total minimum investment needed in order to be considered for a Five Guys franchise is between $152,600 and $360,300 which requires a $25,000 initial franchising fee, and a twenty year agreement term. The Five Guys Burgers and Fries restaurant opened in 1986, and began offering franchise opportunities in 2002.

What is the franchise fee for Dunkin Donuts?

Dunkin' Donuts Franchise Cost / Initial Investment / Dunkin' Donuts. The total liquid capital required to open a Dunkin' Donuts franchise is $125,000 and Dunkin' Donuts franchise fees are $40,000 to $90,000. The minimum net worth of a Dunkin' Donuts franchise is $250K.

How much does a Subway owner make a year?

The average salary for an Owner is $121,868 per year in United States, which is 35% higher than the average Subway salary of $90,272 per year for this job.

Is owning a Subway franchise profitable?

In 2021, Subway saw a 21.3% increase in revenue, growing from $634 million in 2020 to $769 million in 2021. Based on the average sales calculated above, at an average of a 15% profit margin, it will take approximately 7.3 years to recoup your investment, which is longer than most franchise opportunities.

How can I open a Subway?

How to Open a Subway Sandwich ShopRequest a Subway franchise kit through the website. The kit does not obligate you to open a store. ... Secure financing. ... Submit a franchise application. ... Finalize the franchise agreement. ... Attend training. ... Find a location. ... Apply for permits and licenses. ... Organize the store layout.More items...

How much does a Subway make a year?

Average Sales / Revenue per Year They generate an annual average of $422,000 sales per franchise unit. Statistically speaking, most franchises make only an average of 7.5% of their annual sales, which comes around to $31,000 profit.

What is the best sandwich franchise in 2021?

The Top Sandwich Franchises of 2021. 1. Subway. Subway is the undisputed king of sandwich chains in terms of number of locations, and yet it ranks a surprisingly distant third in terms of sales ($10.4 billion compared to McDonald’s at $38.5 billion and Starbucks at $19.7 billion). And it’s still a privately-held company.

How old was Charley Shin when he opened his first sandwich shop?

When founder Charley Shin took a wrong turn on the way to New York City and wound up in Philadelphia, he tasted his first Philly cheesesteak sandwich and knew he wanted to make the venerable sandwich his vocation, opening his first shop when he was only 22. The menu now includes four signature Philly-style steak subs, four chicken subs, four deli subs, three kinds of gourmet fries, and three salads.

What is a potbelly sandwich shop?

Potbelly Sandwich Shop strives to be known as the go-to “neighborhood sandwich shop” in each community where it has a presence. The menu focuses on simple ingredients in its toasty warm sandwiches, salads, soups, fresh baked cookies, and hand-dipped milkshakes and smoothies.

Why is sandwich outlet important?

It also protects supply chains during periods of crisis, as a sandwich outlet sells a broad mix of proteins such as ham, turkey, tuna, and cheese as the central flavor and nutrient in its meals, and so is less likely to struggle if supplies of one filling are disrupted.

How much is the subway worth?

With 42,000 outlets, Subway is the largest quick service restaurant (QSR) chain in the world, the centerpiece of a QSR industry worth $273 billion in 2019. Even with the impact of COVID-19, the industry is expected to be worth $239 billion in 2020, a decline of less than 13% in a year when many parts of the restaurant industry face virtual collapse.

What is Schlotzsky's Austin Eatery?

The refresh includes changing the name to Schlotzsky’s Austin Eatery, a nod to the place of its founding. The Original remains its most famous sandwich, but new additions will include making tacos and nachos to order. The menu also includes fresh-baked breads, artisan flatbreads, specialty pizzas, toasted wraps, freshly-tossed salads, gourmet soups, and more. Many locations also feature Cinnabon and Carvel ice cream products since the chain is owned by FOCUS Brands, an affiliate of Roark Capital Group, which owns a number of restaurant chains.

Who owns Pita Pit?

Pita Pit is taking its successful sandwich franchising techniques into the Canadian cannabis industry through a partnership with federally-licensed producer and distributor WeedMD to help people open and operate their own retail cannabis stores. But the core business of selling pita sandwiches remains the primary focus of the chain founded by Nelson Lang and John Sotiriadis in Kingston, Ontario, back in the mid-1990s.

How much does a subway franchise cost?

It also has one of the lowest franchise fees in the industry at $15,000. The trade-off? The royalty fee is steep at 8% of gross sales, one of the highest in the industry. But for many, this trade-off has been worth it, allowing individuals and families to break into the fast-food business — an industry, where many of the big brands like McDonalds and Burger King are largely owned by investment firms.

How much has Firehouse Subs donated?

To date, they have donated more than $52 million in life-saving equipment to first responders through their non-profit Firehouse Subs Public Safety Foundation. Their mission is their brand. They were also named as a top franchise on Franchise Business Review’s Top 200.

How many chicken salad chicks are there?

Stacy Brown, owner and ”original chick,” came up with the idea in her very own kitchen in 2008 and began franchising in 2012. The restaurant now has 155 locations in 16 states, most of them in the Southeast.

Who owns Lenny's Grill and Subs?

In 2019, Lenny’s was acquired by GOSH Enterprises, Inc, the parent company of Charley’s Philly Steaks and BIBIBOP Asian Grill.

What is Jimmy John's famous fast food?

Jimmy Johns claim to fame is its “freaky” fast sandwiches. They have one cheese, seven meats, and a tight delivery radius (5-minute delivery zones) to ensure that sandwiches are always fresh and “freaky” fast. To keep entry and operating costs low and profits high, Jimmy Johns does not use friers or extra equipment. They rely on simple ingredients and everything is standardized. But it’s not just the simple ingredients, freaky fast food, and standardized processes that have helped Jimmy John’s soar; it’s also the people. “’Jimmy John has a special talent for taking ordinary people and pushing them to do extraordinary things,’” James North, president and CEO of Jimmy John’s told QSR magazine about his “larger-than-life, long-time boss.” “’That’s really the secret sauce to Jimmy John’s.’”

Built-in Value Beyond the Bread

While we focus on the freshest ingredients, unparalleled customer service, and a commitment to quality, at the backbone of our sub franchise is the perfect combination of all three, and then some.

Turnkey Investments Made Easy

Jon Smith Subs is a proven leader in the global sub sandwich industry. We make it easy for you to own a sub shop with our comprehensive business model that includes extensive training and marketing support. Additionally, we help franchisees find a location, build/outfit spaces to fit our brand, attract customers, and ultimately grow your business.

The Cost to Open a Sandwich Shop – The Bottom Line

While there are variables to the outlined costs, the basic cost to open a sandwich shop is $39,500 to start. From there, you can expect to invest somewhere in the lower ranges of $300k to $400k, which includes the franchise fee. In terms of liquid capital, we require a minimum of $150,000.

How many franchises does Potbelly have?

Potbelly Sandwich Shop also provides franchise opportunities. As of 2018, the company operates 39 franchises in the United States and 17 ones outside the country.

Where is Potbelly Sandwich Shop located?

The company was founded in the Lincoln Park neighborhood of Chicago, in 1977. Potbelly Sandwich Shop also provides franchise opportunities. As of 2018, the company operates 39 franchises in the United States and 17 ones outside the country.

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 73 franchised Erbert and Gerbert's Sandwich Shop locations in the USA.

How much does an Erbert and Gerbert's Sandwich Shop franchise cost?

Erbert and Gerbert's Sandwich Shop has a franchise fee of up to $30,000, with a total initial investment range of $194,820 to $393,270.

How much money do you need to franchise cheese steak?

As a potential “The Cheese Steak Shop” franchisee, you will need $350,000 in non-borrowed personal resources—that is, liquid assets in the form of cash, marketable securities, stocks, and so on. To qualify, your overall net worth (assets minus liabilities) must be at least $750,000. The total cost of each unit varies according to business size and location. See the Costs and Fees section below for further information.

WHY FRANCHISE?

Starting and maintaining a successful business can be extraordinarily difficult in today’s business environment. It can make you feel like Sisyphus of Greek myth—the king of Ephyra whose punishment for hubris was to endlessly roll a giant boulder up a steep hill. A fantastic alternative to the struggles of starting your own business is to buy a franchise!

How long is the Cheese Steak Shop training?

New “The Cheese Steak Shop” franchisees take part in a 4-week training program, which begins with 4–5 days of formal classroom instruction at our corporate office with our executive team. We then show you how to train your employees: Through hands-on in-store training, our training team teaches every aspect of cheesesteak sandwich preparation.

What is cheese steak shop?

Our goal at The Cheese Steak Shop is to provide the greatest, most authentic cheesesteak sandwiches on the market, prepared fresh by line cooks who are enthusiastic about every sandwich they create . We not only strive for top-notch menu items but also a culture of giving our customers the very best restaurant experience possible. We want to be top-of-mind when cheesesteak lovers crave their next meal.

How long does it take to open a cheese steak shop?

Each “The Cheese Steak Shop” store opening is unique, and the length of time to make it happen varies. The typical range of time is approximately 6–12 months, from signing the franchise agreement to opening day. During this time, you will go through a series of steps, from submitting your franchise application, to going through the qualification process, to meeting your franchise team, to establishing your real estate deal, to undergoing legal review, to training and marketing.

What is franchise framework?

The franchise framework permits stronger efficiency and greater profits. In the franchise scenario, you benefit from doing business under the umbrella of an already successful brand—and share the advantages of that brand’s established community.

What happens after you complete the Cheese Steak Shop training?

After you complete the training program, of course, you’ll continue to benefit from ongoing support as part of the “The Cheese Ste ak Shop” family and community .

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