Subway vs Larry's Giant Subs Franchise Comparison

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

Start-Up Costs and Fees
 
Subway Franchise
Larry's Giant Subs Franchise
Investment $139,550 - $342,400$136,800 - $201,900
Franchise Fee $15,000$20,000
Royalty Fee 8%6%
Advertising Fee 4.5%-
Year Founded 19651982
Year Franchised 19741986
Term Of Agreement 20 years10 years
Term Of Agreement 20 years10 years
Renewal Fee none$1K


Business Experience Requirements
 
Subway Franchise
Larry's Giant Subs Franchise
Experience
  • General business experience

  • Industry experience
  • General business experience
    		•

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

    Training & Support
     
    Subway Franchise
    Larry's Giant Subs Franchise
    Training On-The-Job Training: 33 hours Classroom Training: 62 hours Additional Training: Training available in Australia, China, Germany, India, Montreal, Canada & Miami -
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, Regional advertising
    Operations 65% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 8-12

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

    		 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)

    Expansion Plans
     
    Subway Franchise
    Larry's Giant Subs Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Subway

    In 1965, 17-year-old Fred DeLuca and family companion Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut. With a credit from Buck for just $1,000, DeLuca trusted the modest sandwich shop would procure enough to put him through school. In the wake of battling through the initial couple of years, the organizers changed the organization's name to Subway and started diversifying in 1974. Offering a new, solid contrasting option to fast-food eateries, Subway has establishments all through the United States and in a few nations, with areas in customary and nontraditional locales alike.

    In contrast with different rivals in the fast food industry, where franchisees need to pay millions, - for example, McDonald's ($1-2 million) and KFC ($1.3-2.5 million), investors in Subway need to pay just a portion of that.

    The total investment is an estimated $150,050 - $328,700 in the United States and $102,000 to $234,000 in Canada.

    Veteran Incentives  Franchise fee waived if opening on a military/government location; 50% off franchise fee if opening on non-government location but receiving government financing
    "Top    ""
    #2 on Canada's top franchises 2020.
    #107 in Franchise 500 for 2020.







    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.