Firehouse Subs is an American fast casual restaurant franchise chain that was founded in 1994 by two firefighters in Jacksonville, Florida. The eatery is renowned for its dedication to using only the freshest ingredients and specialises in serving hot subs made with premium meats, cheeses, and sauces. Along with serving up delectable food, Firehouse Subs is dedicated to giving back to the community through its charitable arm, the Firehouse Subs Public Safety Foundation, which supports first responders and public safety organisations by funding projects, providing tools, and offering educational opportunities. Firehouse Subs, which has more than 1,200 locations globally, is a well-liked option for anyone looking for a great and satisfying meal.
Firehouse Subs is a reputable fast-casual restaurant business with more than 1,200 locations in the US and abroad as of 2021. Fast casual restaurants are predicted to develop quickly and reach a market value of $63.8 billion by 2026, according to a recent analysis. Consumers looking for high-quality, practical, and economical meals are what have made quick casual dining so popular.
What are Firehouse Subs?
A fast-casual restaurant chain called Firehouse Subs specialises in hot subs. The franchise was started in 1994 in Jacksonville, Florida, and has since grown to include sites all throughout the country and beyond. The Firehouse Subs Public Safety Foundation, the company’s charitable arm, is renowned for its high-quality ingredients, especially its fire-roasted meats and cheeses, as well as its dedication to giving back to the community.
Is Firehouse Subs Franchise Opportunity?
Yes, there is a franchising possibility for Firehouse Subs. For anyone who is interested in owning and running their own Firehouse Subs restaurant, the firm provides franchising opportunities. You will have access to the company’s well-known brand, marketing assistance, training courses, and tried-and-true business strategy as a franchisee.
Facts That Nobody Told You About Firehouse Subs
Here are some interesting facts about Firehouse Subs that you may not have known
- Firehouse Subs was founded by two firefighters
Firehouse Subs was founded in 1994 by brothers Chris and Robin Sorenson, both of whom are former firefighters.
- The business is renowned for its dedication to public safety
Through its charitable arm, the Firehouse Subs Public Safety Foundation, it supports first responders and groups dedicated to public safety by giving them funds, supplies, and training.
- Firehouse Subs uses unique bread-steaming technology
The restaurant business Firehouse Sandwiches employs a proprietary bread-steaming technique that guarantees the subs are warm and that the ingredients are spread evenly.
- The business is concerned about the environment
Firehouse Subs has introduced a number of green measures, including using eco-friendly packaging, energy-saving machinery, and recycled building materials in its restaurants.
- There are several options on the menu
Firehouse Subs provides salads, sides, and catering choices in addition to its hot subs.
|Firehouse Subs Franchise Review and Information|
|Industry Type||Food Franchise Opportunities|
|Sub Category||Sandwiches Franchise Opportunities|
|Company Name||Firehouse Subs|
|Founder/Management Head||Robin Sorensen, Chris Sorensen|
|Franchise Expansion Plan|
|Number of Units||1,210|
|Number of Franchise Units||1,210+ (2022)|
|Social Media Handles|
|Company Office location||Jacksonville, Florida, United States|
Firehouse Subs Franchise Requirements
The following criteria must be met in order to open a Firehouse Subs franchises.
- Financial requirements
Firehouse Subs requires franchisees to have a net worth of at least $500,000 and liquid assets of at least $150,000.
The company prefers franchisees with prior business experience, but it is not required.
All franchisees of Firehouse Subs receive thorough training, which they must successfully complete before opening a location
- Real estate
Franchisees are required to choose an appropriate location for their eatery and adhere to the company’s real estate standards.
- Ongoing fees
Franchisees must continue to pay the corporation ongoing royalties, marketing costs, and an initial franchise fee.
How much does a Firehouse Subs franchise cost?
The Firehouse Sub franchise cost is in the range of $197,000 to $997,000 and the investment mid-point is $597,000.
How much does it cost to franchise a Firehouse Subs in the United States?
The price of a Firehouse Subs franchise varies and is based on a number of elements, including location, restaurant size, and real estate costs. The anticipated initial investment for a typical restaurant ranges from $197,000 to $997,000, per the Firehouse Sub franchise disclosure statement.
|Firehouse Subs Franchise Initial and On-going Franchise Cost|
|Firehouse Subs Franchise Fee||$20,000-$25,000|
|Firehouse Subs Franchise Cost||$190k-997k|
|Term of Agreement||Term and conditions|
|Is franchise term renewable?||Yes,|
|Renewable Franchise Fees||50% of Initial Franchise fees|
Firehouse Subs Training to Franchises
The training program includes the following components
- Pre-opening instruction
This includes in-person instruction at a Firehouse Subs restaurant close by as well as classroom and practical instruction at the business’ training centre.
- Continuous training and support
Firehouse Subs offers its franchisees continuous training and support through recurring webinars, workshops, and on-site visits.
- Marketing support
Support with local shop marketing, national and local advertising campaigns and promotional materials are all examples of the marketing support the corporation offers to its franchisees.
Firehouse Subs Operations to Franchises
Firehouse Subs provides ongoing support and guidance to its franchisees to help them run their businesses successfully. This support includes,
- Site selection and development
The business assists franchisees with the process of choosing a suitable location for the restaurant as well as with design and construction.
- Marketing and advertising
Promotional materials, national and local campaigns, and assistance with local shop marketing are all things that Firehouse Subs offers franchisees in the way of marketing and advertising support.
- Menu development
The business offers assistance with menu development, including dish formulation and menu pricing.
- Chain of distribution management
Firehouse Subs offers a centralised purchasing scheme that gives franchisees access to premium supplies and ingredients at reasonable costs.
The business gives franchisees access to point-of-sale systems and other technological tools that support restaurant operations.
How is Firehouse Subs Territory Granted to Franchises
Franchises are awarded under a territorial structure at Firehouse Subs. According to this concept, each franchisee is given the sole authority to run a Firehouse Subs restaurant within a predetermined region.
What is the Franchise Term of Agreement and Renewal?
Franchisees have the option to extend their franchise agreement after the initial term, provided certain requirements are met.
A review of the franchisee’s performance during the original term and their adherence to the franchisor’s standards and regulations are often part of the renewal process. In order to renew their franchise agreement, franchisees might also need to perform some renovations or upgrades to their businesses.
Does Firehouse Subs provide Financial Assistance to Franchises?
Firehouse Subs does not directly provide financial assistance to its franchisees. However, the company may work with third-party lenders to help franchisees secure financing for the start-up costs of their restaurants.
Pros & Cons of owning a Firehouse Subs Franchise
- Established brand
In the fast-casual restaurant sector, Firehouse Subs is a well-known and well-established brand. Compared to launching a new firm from scratch, this can help franchisees acquire clients and earn cash more quickly.
- Established business strategy
Firehouse Subs has a solid history as a fast-casual restaurant chain and a proven business strategy. This can give franchisees a success roadmap and enable them to steer clear of frequent problems that new business owners experience.
- Support and training
Firehouse Subs offers its franchisees thorough support and training, including advice on site selection, marketing, and operations.
- Support for advertising and marketing
Firehouse Subs offers its franchisees centralised support for advertising and marketing.
- Start-up expenses
The start-up expenditures for a Firehouse Sub franchise can be high, ranging from $350,000 to $800,000 or more. Some people may find it challenging as a result to obtain finance and open their own restaurant.
- Ongoing fees
Franchisees are also liable for ongoing fees, such as royalty fees, advertising fees, and other expenses related to running a restaurant, in addition to the initial investment.
- Limited control
Restaurants must be run by franchisees in accordance with the franchisor’s policies and standards. This may restrict the franchisee’s autonomy and capacity to decide the course of their company.
Due to the industry’s high level of rivalry, franchisees may experience fierce competition from other well-known companies and independent eateries.
How much do Firehouse Subs franchise owners make?
A precise average income for Firehouse Sub franchise owners is difficult to estimate because it depends on a number of variables, including location, competition, and individual success.
The 2019 Franchise Disclosure Document for Firehouse Sub states that the typical franchise revenue (AUV) was $720,712. However, because individual results can vary, this amount is not a guarantee of a franchisee’s revenues.
What is Firehouse Subs franchise profit?
The exact profit a Firehouse Sub franchise profit may make will rely on a number of variables, including location, competition, operating and marketing costs, and employee performance.
I shall estimate the Firehouse Subs franchise profit and years to recoup the investment (ROI).
|AUV||Estimated Annual Profit (12.5%)||Estimated Annual Profit (15%)||Estimated Annual Profit (18%)|
|$ 720,712||$ 90,089||$ 108,106||$ 129,728|
|Recoup $597,000||6.62 years||5.5 years||4.6 years|
The estimated Firehouse Sub franchise profit is in the range of $ 90,000 to $ 130,000 and it will take 4.5 to 6.5 years to recoup the investment.
What are Firehouse Subs franchise reviews?
Reviews of the Firehouse Sub franchise are mixed, with some franchisees expressing delight and others complaining.
Positive evaluations frequently make reference to Firehouse Subs’ assistance and training, their well-known brand and reputation, and their successful business model. Additionally, some franchisees report profitable and great sales.
Firehouse Subs Franchise Rankings
Firehouse Sub has been included on many occasions in Entrepreneur magazine’s annual Franchise 500 list. The rating is determined by a number of variables, including brand power, growth rate, and financial soundness and stability.
Firehouse Subs has been ranked among the top 200 franchises on the Franchise Times Top 200+ list, which assesses businesses based on their global sales.
Firehouse Sub has been included in the Franchise Gator’s Top 100 list, which honors the top franchise prospects in terms of price, scope, and expansion.
Franchise Deck Analysis and Overview
Firehouse sub has seen franchise unit increases over the last three years, and average franchise revenues have increased as well. However, there are high initial costs of opening a franchise, and based on the industry multiple, it will be difficult to sell the franchise at a profit. You are more likely to make a profit if you invest in several Firehouse Subs franchises instead of just one.
You can recoup your franchise cost within 6 years, which is decent compared to Firehouse Sub counterparts.
Is the Firehouse Subs Franchise Profit Worth the Cost?
Whether the Firehouse Subs franchise profit justifies the franchises fee is a matter of opinion and will vary according to each person’s unique situation and objectives.
On the one hand, having a Firehouse Sub franchise offers the chance for significant sales and profitability, as well as the advantages of working with a reputable and well-known brand.
Firehouse Subs Franchise Success and Failure Rate
The below table will highlight the Firehouse Sub franchise success and failure rate for the last 3 years. This will supplement your decision-making process.
It is evident that the firehouse Sub franchises didn’t observe any negative growth during the pandemic and franchises did well.
You can review the franchise facts and profit of Firehouse Sub and its Competitors.
|Competition Analysis of Firehouse Subs|
|Brand||Cost to Franchise||Franchise Fees||Royalty + Ad fees||Expected Profit||Recoup of Capital||FD Rating|
|Firehouse Subs||$189,574 to $ 997,320||$ 20,000||6%||$90,000 to $ 130,000||4-5 years||4.0/5.0|
|Subway Franchise||$222,050 – $506,900||$15,000||8%||$45,000 to $90,000||7.3 years||4.5/5.0|
|Jimmy John’s Franchise||$355,900 – $671,400||$30,000-$35,000||6%||$45,000 to $110,000||6-7 years||4.0/5.0|
|Jersey Mike’s Franchise||$194,035 to $954,611||$ 18,500||6.5%||$75,000 to $90,000||7-8 years||3.6/5.0|
|Jason’s DeliFranchise||$1,020,759 to $1,554,891||$17,500||6%||$105,000 to $140,000||5-6 years||3.9/5.0|
|McAlister’s Deli Franchise||$175,000 to $1,360,000||$15,000 to $15,000||5%||$45,000 to $140,000||4-6 years||3.5/5.0|
The Franchise Deck rating for the Firehouse Sub franchise is 4.0/5.0.
Conclusion: Is the FireHouse Subs franchise for sale worth it?
Well, investing that much in a Firehouse Subs franchise can be worthwhile because the sales are sufficient and the investment pays off, but the profit margin is not that large. There are plenty of reasons to consider buying a Firehouse Sub Franchise.
Entrepreneurs who want to open a franchise in the sandwiches franchise opportunities categories can look at
- Texas Roadhouse Franchise
- Wendy’s Franchise
- Jimmy John’s franchise
- Jersey’s Mike Subs Franchise
- Arby’s Franchise
- Charleys Philly Steaks Franchise
- Subway Franchise
- Jason’s Deli
- McAlister’s Deli
Frequently Asked Questions (FAQs)
- Is the Firehouse Subs franchise profitable?
The only thing that distinguishes the Firehouse Sub franchise from other sandwich chains is the motif of firemen.
According to research, a Firehouse Sub franchise owner can earn $75,000 per year, just below the minimum wage.
- Can you make money owning a Firehouse Subs?
The franchisee may make money and be successful by owning a Firehouse Subs location. Success, however, is not guaranteed and depends on a number of variables, including the franchisee’s capacity to manage and run the business effectively, market demand, rivalry, and the regional economy.
- Is Firehouse Subs a franchise?
Yes, Firehouse Sub is a franchise. A fast-casual restaurant chain called Firehouse Subs serves salads and sub sandwiches. Since its establishment in 1994, the business has expanded to over 1,200 outlets both domestically and abroad.
- How much is a Firehouse Subs franchise?
The Firehouse Sub franchise website states that the expected startup costs for a new franchise can range from $157,500 to $1,300,000. This covers the customary $30,000 franchise fee in addition to additional expenses like real estate, building and remodeling, tools, supplies, and operating capital.
- How do Firehouse Subs franchises make money?
Firehouse Subs or its authorised suppliers provide the franchisees with food and supplies, which they then buy and resell to customers at a markup.
Regular continuing royalty and advertising expenses that franchisees must pay to the franchisor are often included in the franchise agreement with Firehouse Sub.
Firehouse Subs is a fast-casual restaurant chain that specializes in hot subs and the franchise has a strong brand identity, with a focus on quality ingredients and a unique dining experience.
good job franchise deck
The menu features a variety of sub-options, including classic deli-style subs, as well as specialty subs with unique flavor combinations. Firehouse Subs is known for its commitment to giving back to the community, through its Firehouse Subs Franchise
thank you for the good information franchise deck
Firehouse Subs is a great franchise to consider if you’re looking to start a restaurant business.
The franchise provides comprehensive training and support to franchisees, so they can be successful in their business.
Firehouse Subs franchise offers a great variety of delicious subs that are sure to satisfy any craving.
The franchise has been growing rapidly since its inception in 1994, with over 1,150 locations worldwide.
Firehouse Subs offers a unique and tasty dining experience with its generous portions and flavorful ingredients.
The restaurant is well-known for its commitment to quality, with fresh ingredients and made-to-order sandwiches.
Firehouse Subs is also dedicated to community involvement, with a portion of proceeds going to the Firehouse Subs Public Safety Foundation.
Firehouse Subs offers a variety of meal options, including hot subs, cold subs, salads and sides.
The franchise is dedicated to providing a unique and enjoyable dining experience for its customers. The restaurant is also committed to sustainability, using recyclable packaging and eco-friendly kitchen supplies.
Firehouse Subs is a great option for a quick, convenient and delicious meal.
The franchise is dedicated to customer satisfaction, with friendly and efficient service.
Firehouse Subs offers a rewards program that allows customers to earn points with each purchase.
The restaurant also offers catering services, making it a great option for events and parties.
Firehouse Subs is a great choice for any occasion, offering a high-quality menu of subs, sides and salads.
The franchise is also known for its philanthropic efforts, with a portion of profits going to supporting first responders.
Firehouse Subs is committed to providing a delicious and reliable dining experience for its customers.