Larry's Giant Subs vs Schlotzsky's Franchise Comparison

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

Start-Up Costs and Fees
 
Larry's Giant Subs Franchise
Schlotzsky's Franchise
Investment $136,800 - $201,900$719,400 - $959,400
Franchise Fee $20,000$35,000
Royalty Fee 6%6%
Advertising Fee -4%
Year Founded 19821971
Year Franchised 19861977
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K-


Business Experience Requirements
 
Larry's Giant Subs Franchise
Schlotzsky's Franchise
Experience
  • Industry experience
  • General business experience
    		• -

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

    Training & Support
     
    Larry's Giant Subs Franchise
    Schlotzsky's Franchise
    Training - On-The-Job Training: 240 hours Classroom Training: 50 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter 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 slicks, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    		-

    Expansion Plans
     
    Larry's Giant Subs Franchise
    Schlotzsky's Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion NoYes

    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 Schlotzsky's

    Founded in 1971, Schlotzsky's is a pioneer in the fast casual restaurant category, offering customers an inviting restaurant feel, affordable meals throughout the day, and great food that has created a passionate following among customers throughout the country and the world. Our delicious and unique products, exciting, modern restaurant design, superior franchise support and committed ownership make a Schlotzsky's franchise a great business opportunity.  Joining the Schlotzsky's franchise family will open the door to an exciting future.

    Veteran Incentives  $10,000 off franchise fee           

    "Entrepreneur
    #349 in Franchise 500 for 2020.
    #374 in Franchise 500 for 2021.