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Updated RecentlyTubby's Sub Shops vs Atlantic City Sub Shops Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tubby's Sub Shops vs Atlantic City Sub Shops including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,900 - $293,500 | $100,000 - $275,000 |
| Franchise Fee | $17,500 - $20,000 | $15,000 |
| Royalty Fee | 4%-6% | 5% |
| Advertising Fee | 4% | - |
| Year Founded | 1968 | 1986 |
| Year Franchised | 1978 | 1995 |
| Term Of Agreement | 10 years | 3 years |
| Term Of Agreement | 10 years | 3 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/No |
| Start-up Costs | No/Yes | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store | Available at headquarters, Available at franchisee's location |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection | Grand opening, Internet, Field operations/evaluations |
| Marketing | National Media Social media | Ad slicks |
| Operations |
20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
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0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 13 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Tubby's Sub Shops
Founder Richard Paganes opened the first Tubby's Sub Shop in 1968 in St. Clair Shores, Michigan. The company began franchising in 1978 and has locations in the Midwest and southeastern United States. Tubby's Sub Shop, which began as a family-owned and -operated business, is now public and is based in Roseville, Michigan.
About Atlantic City Sub Shops
Brett Perlman, Scott Perlman and Santo Formica founded Atlantic City Sub Shops in 1986, opening their first store in Egg Harbor Township, New Jersey, just west of the shoreline destination. From that location, the partners began serving submarine sandwiches for customers who would eat in, take out or order delivery.
The company overnights sandwiches made in the Egg Harbor store to customers who don't have an Atlantic City Sub Shop location near them.