Larry's Giant Subs vs Farmer Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Larry's Giant Subs vs Farmer Boys including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Larry's Giant Subs Franchise
Farmer Boys Franchise
Investment $136,800 - $201,900$1,063,500 - $1,613,500
Franchise Fee $20,000$45,000
Royalty Fee 6%5%
Advertising Fee -3%
Year Founded 19821981
Year Franchised 19861997
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee $1K-


Business Experience Requirements

 
Larry's Giant Subs Franchise
Farmer Boys Franchise
Experience
  • Industry experience
  • General business experience

  • Industry experience
  • General business experience

  • Financing Options

     
    Larry's Giant Subs Franchise
    Farmer Boys Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Larry's Giant Subs Franchise
    Farmer Boys Franchise
    Training -On-The-Job Training: 480 hours Classroom Training: 60 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, Regional advertising Co-op Advertising Ad Templates Regional Advertising Social media SEO Loyalty program/app
    Operations 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 12

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 30

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Larry's Giant Subs Franchise
    Farmer Boys Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Larry's Giant Subs

    "Larry's formula for success: Quality, Honesty, Reliability - We Set the Standard!" Larry Raikes - Larry's Giant Subs "I'm very proud of our franchise owners. They've helped make our company the best it can be. In 1982, my brother Mitchell and I opened the first Larry's Giant Subs in Jacksonville, Florida. We offered extraordinary quality then, as we still do today. Our franchisees share our commitment to serving the very best. And we've all been successful using this simple formula." The first thing you need to know about Larry's Giant Subs is that we do everything in a Big Way. This means we are Quality Driven. We serve only the best . . . no compromises. That's why we are different. That's why we are better. To be a Larry's Giant Subs Franchisee, all you need is enthusiasm and perseverance. This system was designed by aspiring entrepreneurs and that is who it's tailored to fit. Mitchell Raikes said it best: "We are only as good as the sandwich that comes across the counter and the smiling face that prepares and serves it. Take pride in what you do and be the best that you can be". The future looks especially bright for the sandwich section of the fast food industry. Sandwiches and salads may be hot but Larry's Giant Subs is even hotter. Simply put, we believe Larry's Giant Subs sandwiches are the best you can buy. A better sandwich means a better opportunity for you. If you would like to own an exciting business in a growing market segment then a Larry's Giant Subs Franchise could be for you.

    About Farmer Boys

    During the 1970s, brothers Makis and Chris Havadjias worked in restaurants to earn money for college. They helped the owners of one of those restaurants rebuild the establishment, and later bought it. With the experience they gained at that first restaurant, the brothers bought a poorly performing restaurant in Perris, California, that they built into Farmer Boys.

    With the help of their three other brothers, the Havadjias expanded Farmer Boys throughout Riverside and San Bernardino counties in Southern California. Each location serves hamburgers, sandwiches, salads and a full breakfast menu. The company began franchising in 1998.