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Updated RecentlyFirehouse Subs vs Jersey Mike's Submarines & Salads Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Firehouse Subs vs Jersey Mike's Submarines & Salads including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $57,502 - $868,696 | $169,001 - $804,085 |
| Franchise Fee | $20,000 | $18,500 |
| Royalty Fee | 6% | 6.5% |
| Advertising Fee | 3-5% | 5% |
| Year Founded | 1994 | 1956 |
| Year Franchised | 1995 | 1987 |
| Term Of Agreement | - | 10 years |
| Term Of Agreement | - | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/Yes | No/Yes |
| 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: 360 hours Classroom Training: 40 hours |
| Support | - | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Marketing | - | Co-op advertising, Ad slicks, Regional advertising |
| Operations | - |
35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | No |
| International Expansion | Yes | Yes |
Company Overviews
About Firehouse Subs
Our extraordinary steaming procedure stirs our exceptional meats and cheeses. At the point when our sub sandwiches are served in eateries highlighting genuine firefighting stylistic layout, this is a blend people return for over and over.
Spreading Like Wildfire
Surpassing 1,000 establishment areas, our Firehouse Subs development is deliberately figured to improve potential, gain, speculation, and obviously, our franchisees' prosperity.
Operational Excellence
With an always developing history of inventive items, an emphasis on uncommon client benefit, and a stand-out brand character, Firehouse Subs is focused on building benefit for franchisees.
Enjoy More Subs Save More Lives
The total investment necessary to begin operation of a single Firehouse Subs Restaurant ranges from $57,502 to $862,591 for Traditional restaurants; $355,118 to $644,047 for End-Cap Strip Mall Restaurants w/
Drive Thru; and $868,696 for Free-Standing Restaurants w/ Drive Thru.
These totals include the following amounts that must be paid to the
franchisor or their affiliates: an initial franchise fee of $20,000; the
fee for a mural ranges from $3,000 to $4,600; and the MIS System Fee
ranges from $0 to $1,200.
If you sign an Area Development Agreement, you
will also pay a Development Fee equal to $10,000 times the number of
Restaurants to be developed. The portion of the Development Fee
allocable to each Restaurant (which is $10,000 for each Restaurant) will
be credited against the initial franchise fee for that Restaurant. The
total investment necessary to develop from 2 to 5 Restaurants is $89,502
to 930,591 for Traditional Restaurants; $387,118 to $712,047 for
End-Cap Strip Mall Restaurants / Drive Thru; $900,696 to $936,690 for
Free-Standing Restaurants w/ Drive Thru.
Veteran Incentives $2,000 off first-store franchise fee
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#59 in Franchise 500 for 2020.
#78 in Franchise 500 for 2021.
About Jersey Mike's Submarines & Salads
The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike's location. Since it started franchising in 1987, Jersey Mike's has grown to more than 150 franchises.
Jersey Mike's is one of the biggest and most affordable fast food
restaurants and the mobile app delivers the same exciting experience,
minus the wait.
You can quickly browse through all the favorite items on
the menu or search by categories including subs, sandwiches, wraps,
beverages and desserts, and more.
Can't find a decent place to stop at
on your road trip? Use the app to find the nearest Jersey Mike's and
enjoy your favorite meal in no time.
Get the regular subs and sandwiches
or customize them the way you want to.
Our concept is simple. We provide our customers with the freshest,
highest quality sub sandwiches available, prepared right in front of
them and served with energy and enthusiasm. Our culture of giving and
making a difference in the lives of our customers creates an important
bond in the communities we serve.
Our business model, which offers a balanced lifestyle, allows our
owners the wherewithal to support important causes in their community
and the flexibility to have a family life outside the restaurant.
Discover how Jersey Mike’s can make a difference in your life.
#8 in Franchise 500 for 2020.
#7 in Franchise 500 for 2021.