Larry's Giant Subs vs Mr. Sub Franchise Comparison

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

Start-Up Costs and Fees
 
Larry's Giant Subs Franchise
Mr. Sub Franchise
Investment $136,800 - $201,900$160,000
Franchise Fee $20,000$15,000
Royalty Fee 6%5%
Advertising Fee --
Year Founded 19821968
Year Franchised 19861972
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K50% of initial fee


Business Experience Requirements
 
Larry's Giant Subs Franchise
Mr. Sub Franchise
Experience
  • Industry experience
  • General business experience

  • Industry experience
  • General business experience
  • Marketing skills
  • Good interpersonal skills
    		•

    Financing Options
     
    Larry's Giant Subs Franchise
    Mr. Sub 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/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Larry's Giant Subs Franchise
    Mr. Sub Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op advertising, Ad slicks, National media, Regional advertising
    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)

    		 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 6

    Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

    Expansion Plans
     
    Larry's Giant Subs Franchise
    Mr. Sub Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoYes

    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 Mr. Sub

    The first Mr. Sub restaurant opened in Toronto, Ontario in March of 1968. Right from the start, the concept was simple: sell quality subs, make them fresh, and serve them fast. And above all, give customers value for their money. A lot has changed since then. Our menu has grown to include salads, wraps, soup, fresh baked bread and more. Today, there are over 520 restaurants from coast to coast, and Mr. Sub is still owned by the founding partners. Lots of things have changed over the years, but every franchisee remains committed to our original concept of quality and freshness. That thinking was what brought people to our restaurants back in the 60's, and it continues to create new customers today.

    "Top

    #38 in Canada's Top franchises.