Tubby's Sub Shops vs Port Of Subs Franchise Comparison

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

Start-Up Costs and Fees

 
Tubby's Sub Shops Franchise
Port Of Subs Franchise
Investment $112,900 - $293,500$214,500 - $397,100
Franchise Fee $17,500 - $20,000$18,500
Royalty Fee 4%-6%5.5%
Advertising Fee 4%1%
Year Founded 19681972
Year Franchised 19781985
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee --


Business Experience Requirements

 
Tubby's Sub Shops Franchise
Port Of Subs Franchise
Experience --

Financing Options

 
Tubby's Sub Shops Franchise
Port Of Subs Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/YesNo/Yes
Start-up Costs No/YesNo/Yes
Equipment No/YesNo/Yes
Inventory No/YesNo/Yes
Receivables No/NoNo/Yes
Payroll No/NoNo/Yes

Training & Support

 
Tubby's Sub Shops Franchise
Port Of Subs Franchise
Training On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store

Two people per restaurant are required to successfully complete the Port of Subs®’ training in a Certified Training Restaurant. One person will spend four weeks of training in the restaurant and at the Port of Subs® Corporate Office in Reno, Nevada. The second person will spend two weeks of training in the restaurant.

Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection -
Marketing National Media Social media -
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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Expansion Plans

 
Tubby's Sub Shops Franchise
Port Of Subs Franchise
US Expansion YesYes
Canada Expansion NoNo
International Expansion NoNo

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 Port Of Subs

Eatery Ownership Never Tasted So Good

Visitors have been getting a charge out of the considerable taste of Port of Subs®' sandwiches for more than 40 years. In 1972, two siblings from New Jersey opened a humble submarine sandwich shop in Sparks, Nevada called the "Sub Shop". John Larsen, a Public Accountant who had been prompting the Sub Shop proprietors, grabbed the open door and bought the business in 1975. Subsequent to taking control, Larsen supported a group wide challenge to pick another name. In a survey of more than 10,000 challenge passages, Port of Subs® was conceived.

Not at all like a large portion of our opposition, we possess and work a significant number of Port of Subs® eateries speaking to roughly 25% of our chain. This speaks to a speculation of well over $5,500,000. Not at all like our rivals, we have put resources into our own particular eateries since we have confidence in our item and in our framework. After more than 40 years in business and more than 140 eateries open and working, we comprehend franchisees start things out. Our framework is basic; we develop the brand with trustworthiness by enlisting the most qualified franchisees conceivable and working with them to locate the most ideal areas. Since Port of Subs® possesses and works corporate eateries all through the framework, we remain educated about the day by day operations and difficulties eatery administrators confront. We help with demonstrated practices and methods.

Today, Port of Subs® has more than 140 eateries and is growing all through the West. We have remained consistent with our beginnings and still make every sandwich new to arrange as our visitors look on.

Veteran Incentives $8,500 off franchise fee
 

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#235 in Franchise 500 for 2020.
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