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Below is an in-depth analysis and side-by-side comparison of Port Of Subs vs Moe's Italian Sandwiches including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $214,500 - $397,100 | $93,500 - $159,500 |
Franchise Fee | $18,500 | $15,000 |
Royalty Fee | 5.5% | 5% |
Advertising Fee | 1% | 1%local +1%Nat'l |
Year Founded | 1972 | 1959 |
Year Franchised | 1985 | 1993 |
Term Of Agreement | 10 years | 10+15+15 |
Term Of Agreement | 10 years | 10+15+15 |
Renewal Fee | - | Then current fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | 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. | A designated manager and one employee must attend and successfully complete the training program established by the company at one of our training locations to be designated |
Support | - | *You will receive Moe's Operation Manual which covers the many important aspects of your business operation. *As manuals are updated, revisions will be sent to you. *You will receive regular visits from our field reps who will consult with you and offer useful advice and counsel on your operation. *We have quarterly meetings to provide you with the ongoing training and tools you will need to operate a successful Moe's Italian Sandwich Franchise. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
If you are reading this, you are like millions of other people who think about owning their own business versus working for someone else. Most of you want the ability to increase your earning power, maximize job security, control your quality of life, have long term equity, or to own a family business. Often, people start their own business out of frustration with the corporate "rat race", have been laid off one too many times, are retired from the corporate world and still want to work for themselves, or they have a vision and want to be in control of their future. Everyone usually asks the same questions: Should I try to start my own business from scratch or buy into a franchise with a system that has been around? *Where do I start if I really want to do it? *How much money do I need to get started? *Where do I get the money? *Do I really have the desire to make a change? *How much money will I make? They all realize there is a tremendous opportunity in the restaurant segment because it is recession proof and it continues to grow every year. Why choose Moe's over the other franchise options? *Our $15,000 franchise fee is one of the lowest *Our Royalty fee (5%) and Ad Fund fee (1%) are among the lowest *Help with business plans and finding equipment leases *Protected territories upon signing franchise agreement *Our products are second to none. Taste and compare the difference before you decide *We have kept the concept simple for easy training, low staffing needs, and maximum profitability *Over 50 years of heritage and tradition in New England *We are not too big that we forget how important your business is - we started with one unit just like you *We have selected equipment lineups that keep start-up, maintenance, and utility costs lower than others *Convenience and take out foods are the fastest growing segment in the restaurant industry *Most importantly - We have available territories! - Get in on the ground floor now.