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Updated RecentlyFirehouse Subs vs Silver Mine Subs Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Firehouse Subs vs Silver Mine Subs 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 | $197,000 - $340,000 |
| Franchise Fee | $20,000 | $20,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3-5% | 4% |
| Year Founded | 1994 | 1996 |
| Year Franchised | 1995 | 2002 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Our three week training course in Fort Collins, Colorado covers the fundamentals of establishing and operating a Silver Mine Subs� franchised restaurant. The training program is a combination of hands-on experience in one of our corporate stores, and classroom education at our corporate office. During training, all franchise owners will receive a proprietary operations manual. Ongoing education is provided through periodic newsletters to all franchisees, franchise conferences and educational seminars held at our corporate headquarters. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | Yes | - |
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 Silver Mine Subs
Hungry for the possibility of being your own boss?
Ready to "Dig In" to a tasty concept!
Geared up to hit the Mother Lode?Silver Mine Subs goes beyond the standard sandwich shop. Our mining mentality and "silver" delivery service until 3 am make us the most convenient choice for hungry prospectors. Our dedicated franchise team promises entrepreneurs a proven concept with the individualized franchisee attention not often afforded by others. Our product, store atmosphere and people work in concert to provide the perfect food for our customer's lifestyles. Silver Mine Subs delivers not just food, but an experience.
Our locations in six states (and growing!) serve over a thousand customers per location per week. You maximize your customer base because unlike other concepts, we go beyond the standard model by delivering great taste directly to the mouths of hungry customers, and we offer healthy food options well beyond the standard dinner hour.
Get your share of the silver dust! Contact us to learn more about opening your Silver Mine Subs franchised location!
When you join the Silver Mine Subs system, you become a part of a growing brand with proven operational success. Silver Mine Subs offers high quality products along with a program that is so good, you do not need restaurant or food experience to succeed.