Larry's Giant Subs vs Jersey Mike's Submarines & Salads Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Larry's Giant 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

 
Larry's Giant Subs Franchise
Jersey Mike's Submarines & Salads Franchise
Investment $136,800 - $201,900$193,204 - $660,442
Franchise Fee $20,000$18,500
Royalty Fee 6%6.5%
Advertising Fee -5%
Year Founded 19821956
Year Franchised 19861987
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $1K-


Business Experience Requirements

 
Larry's Giant Subs Franchise
Jersey Mike's Submarines & Salads Franchise
Experience
  • Industry experience
  • General business experience

  • Restaurant experience

  • Financing Options

     
    Larry's Giant Subs Franchise
    Jersey Mike's Submarines & Salads 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
    Jersey Mike's Submarines & Salads Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-op advertising, Ad slicks, 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)

    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

     
    Larry's Giant Subs Franchise
    Jersey Mike's Submarines & Salads Franchise
    US Expansion --
    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 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.