What is Firehouse Subs net worth?

Firehouse Subs, with its 1,100-plus locations in 44 states and abroad, generated $715 million in system-wide revenue last year—$47.7 million for the home office. Founded in 1994 by two firefighter brothers, Chris and Robin Sorensen, the Florida-based brand has added more than 350 locations since 2015.

How much profit does a firehouse subs make?

If the average unit volume (AUV) is $600,000, the AR stands to make $18,000 from each restaurant in the area, building a great business as the market grows. Firehouse Subs franchisees conduct site selection within the company’s parameters and with approval from the corporate real estate team.

Who is the owner of Firehouse Subs?

Firehouse co-founders Chris and Robin Sorensen with their dad, Captain Rob Sorensen, who worked for the fire department for 43 years. Little did the brothers know that being broke would work to their advantage.

How much is a Firehouse Sub franchise?

How much does Firehouse Subs franchise cost? Firehouse Subs has the franchise fee of up to $20,000, with total initial investment range of $92,255 to $824,846.

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Is Firehouse a good franchise?

Firehouse Subs ranked No. 59 on Entrepreneur’s 2020 Franchise 500 list.

What is the best franchise to buy?

Best Franchises to Buy

  • McDonald’s.
  • 7-Eleven.
  • Dunkin’
  • The UPS Store.
  • Popeyes.
  • Sonic Drive-In.
  • Great Clips.
  • Taco Bell.

What is the best firehouse sub?

WHAT IS FIREHOUSE SUBS BEST SELLER? Robin told us that the Hook and Ladder is their number one seller, and I could tell why. My sub was piled high with fresh meat: the Hook and Ladder features smoked turkey breast, Virginia honey ham and melted Monterey Jack cheese.

Do firefighters get a discount at Firehouse Subs?

Firehouse Subs – Their national policy states that firefighters receive a free drink with their meal. But many local franchises offer free sandwiches or percent off discounts to fire workers. … Shoneys – Police, firefighters and EMT personnel get a 15 percent off discount with valid ID.

How much do Firehouse Subs franchise owners make?

Firehouse Subs Salary FAQs

The average salary for a Franchise Owner is $71,531 per year in United States, which is 11% higher than the average Firehouse Subs salary of $64,110 per year for this job.

What is the cheapest franchise to buy?

12 best low-cost franchises for aspiring business owners

  1. Cruise Planners. Franchise fee: $10,995. …
  2. Fit4Mom. Franchise fee: $5,495 to $10,495. …
  3. Chem-Dry. Franchise fee: $23,500. …
  4. Jazzercise. Franchise fee: $1,250. …
  5. Stratus Building Solutions. …
  6. SuperGlass Windshield Repair. …
  7. Mosquito Squad. …
  8. Pillar to Post Home Inspectors.

What is McDonald’s franchise fee?

How much is a McDonald’s Franchise? The total investment necessary to begin operation of a traditional McDonald’s franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.

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How much money to franchise a Chick Fil A?

Opening a Chick-fil-A franchise costs just $10,000 — here’s how to do it. Chick-fil-A franchise operators pay just $10,000 to open a new restaurant in the US. About 60,000 people apply for a franchise each year, and less than 1% of them are eventually chosen.

How can I own a Jimmy Johns?

To own a Jimmy John’s Restaurant, your looking at a total investment of $313,600 to $556,100, depending on the size and location and includes initial real estate lease costs and a franchise fee of $35,000. In actuality, candidates will need $200,000 in either cash, marketable securities, stocks, etc.

How much does it cost to open a Jersey Mike’s franchise?

Investment

Type of Expenditure Actual or Estimated Amounts When Due
Initial Franchise Fee $18,500 On Signing of the Franchise Agreement
Real Estate and Construction Fee $5,000 On Signing Lease
Rent/Lease CAM/Taxes/Lease and Utility Security Deposits $0 – $42,009 Monthly
Architectural Fees $1,100 – $17,892 As Arranged
Fire safety