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Updated RecentlyFirehouse Subs vs Farmer Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Firehouse Subs vs Farmer Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $57,502 - $868,696 | $1,042,500 - $2,486,500 |
| Franchise Fee | $20,000 | $45,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 3-5% | 3% |
| Year Founded | 1994 | 1981 |
| Year Franchised | 1995 | 1997 |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | On-The-Job Training: 480 hours Classroom Training: 60 hours |
| Support | - | Purchasing 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 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: 30 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | No |
| International Expansion | Yes | No |
Company Overviews
About Firehouse Subs
Our extraordinary steaming procedure stirs our exceptional meats and cheeses. At the point when our sub sandwiches are served in eateries highlighting genuine firefighting stylistic layout, this is a blend people return for over and over.
Spreading Like Wildfire
Surpassing 1,000 establishment areas, our Firehouse Subs development is deliberately figured to improve potential, gain, speculation, and obviously, our franchisees' prosperity.
Operational Excellence
With an always developing history of inventive items, an emphasis on uncommon client benefit, and a stand-out brand character, Firehouse Subs is focused on building benefit for franchisees.
Enjoy More Subs Save More Lives
The total investment necessary to begin operation of a single Firehouse Subs Restaurant ranges from $57,502 to $862,591 for Traditional restaurants; $355,118 to $644,047 for End-Cap Strip Mall Restaurants w/
Drive Thru; and $868,696 for Free-Standing Restaurants w/ Drive Thru.
These totals include the following amounts that must be paid to the
franchisor or their affiliates: an initial franchise fee of $20,000; the
fee for a mural ranges from $3,000 to $4,600; and the MIS System Fee
ranges from $0 to $1,200.
If you sign an Area Development Agreement, you
will also pay a Development Fee equal to $10,000 times the number of
Restaurants to be developed. The portion of the Development Fee
allocable to each Restaurant (which is $10,000 for each Restaurant) will
be credited against the initial franchise fee for that Restaurant. The
total investment necessary to develop from 2 to 5 Restaurants is $89,502
to 930,591 for Traditional Restaurants; $387,118 to $712,047 for
End-Cap Strip Mall Restaurants / Drive Thru; $900,696 to $936,690 for
Free-Standing Restaurants w/ Drive Thru.
Veteran Incentives $2,000 off first-store franchise fee
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#59 in Franchise 500 for 2020.
#78 in Franchise 500 for 2021.
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.
#128 in Franchise 500 for 2021. Not ranked in 2020.