Tubby's Sub Shops Franchise

Grilled submarine sandwiches

Founder Richard Paganes opened the first Tubby's Sub Shop in 1968 in St. Clair Shores, Michigan. The company began franchising in 1978 and has locations in the Midwest and southeastern United States. Tubby's Sub Shop, which began as a family-owned and -operated business, is now public and is based in Roseville, Michigan.

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Please Note: The operators of Tubby's Sub Shops, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Tubby's Sub Shops website.

How much does it cost to open a Tubby's Sub Shops Franchise?

The investment required to open a Tubby's Sub Shops Franchise is between $112,900-$293,500. There is an initial franchise fee of $17,500-$20,000 which grants you the license to run a business under the Tubby's Sub Shops name.

Individual Unit Costs

Initial Investment:
$112,900-$293,500
Initial Franchise Fee:
$17,500-$20,000
Royalty Fee:
4%-6%
Advertising Fee:
4%
Term of Agreement:
10 years

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News and Press Releases

Tubby's Announces New Proposed Merger With Private Corporation
Tubby's, Inc. announced that Interfoods of America, Inc., Miami-based Popeye's Chicken franchisee, has unilaterally declared that it will not proceed with the proposed merger announced by both companies on December 16, 1998. Tubby's now faces imminent delisting from the NASDAQ Stock Market because o...

Tubby's Sub Shops News & Press Releases

Tubby's Sub Shops Franchise Growth History

When did the first Tubby's Sub Shops open? 1968
When did Tubby's Sub Shops start Franchising? 1978

Tubby's Sub Shops Franchise Expansion Plans

United States: Florida, Michigan, Ohio

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
On-The-Job Training: 92 hours
Classroom Training: 28 hours
Additional Training: Company store

Support
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Field Operations
Site Selection

Marketing
National Media
Social media

Business Operations

20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 3 - 4

Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

How much does a Tubby's Sub Shops Franchise owner make?

To calculate how much income a franchise owner can do at Tubby's Sub Shops Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

Listing Tags

Tubby's Sub Shops, Subs, soups, lunches

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Legal Disclaimer: This information is not a franchise offering for Tubby's Sub Shops and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Tubby's Sub Shops franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.