How much does a Firehouse Subs restaurant cost?
According to their official website, an initial investment for a single Firehouse Subs restaurant ranges from $131,150 to $928,405. The cost may go as high as over $1.2 million based on the company’s Franchise Disclosure Document (FDD) for 2016.
How much ownership does Firehouse Subs have?
As a franchise owner, you are also required by the company to: Have and retain at least 50% ownership of the restaurant. Faithfully, honestly, and diligently perform your obligations under the Franchise agreement at all times.
What is the renewal fee for a franchise?
Renewal fee: 25% of the initial franchise fee
How long does franchising training take?
The company also requires you to undergo a series of training. The program typically lasts up to 8 weeks. Within the initial 6-7 weeks, you (and one of your employees) would train at the franchisor’s restaurants.
Is it better to buy a Firehouse Subs store?
Still, better than buying as a customer, put up a Firehouse Subs store and help spread the good cause, all while earning money. Good luck!
Does Franchise Direct include real estate expenses?
The list of startup expenses provided by Franchise Direct does not include the cost of purchasing a real estate. However, they provided prices of location improvements including:
Can you live near a franchise?
Additionally, your proposed location should only be within a distance of your residence . Living near your franchise will help you manage it more effectively.
What is Firehouse Subs Public Safety Foundation?
Community Service. The Firehouse Subs Public Safety Foundation was launched to give back to communities. Since its inception in 2005, the Foundation has awarded more than $50 million in grants to improve the life-saving capabilities of local first responders. Extensive Training.
Is Firehouse Subs a fast casual franchise?
With our strong brand identity, exceptional franchisee relationships, and passionate executive team, Firehouse Subs franchises are perfectly poised for development with the right investor.
