What is the cost of a Firehouse Subs franchise?

The initial single-unit franchisee fee is $20,000. The average turnkey investment for a traditional, non drive-thru location is approximately $350,000. What are the royalty and advertising fees? Royalty is 6% of sales and franchisees spend between 3% – 5% of sales on advertising.

How much does a Firehouse Subs franchise owner 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.

How much is Firehouse Subs 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.

Is Firehouse Subs a good franchise to buy?

Firehouse Subs has been ranked as the number one Chain Restaurant for food quality (2016), service (2015) and atmosphere (2014) by Technomic’s. It was recognized as a Best Franchise to Buy by Forbes in 2015.

Is Firehouse Restaurant a franchise?

Franchise Description: The franchisor is Firehouse of America, LLC. … As long as franchisees are in compliance with the Franchise Agreement, the franchisor will not grant a franchise for, nor itself operate, Firehouse Subs restaurant within the trade area.

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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 percentage of franchises are successful?

“A franchise is one of the less risky types of business available. More than 80% of franchisees are successful.”

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 the least expensive franchise to open?

What are the cheapest franchises to buy in 2020?

  1. Cruise Planners. Franchise fee: $10,995. …
  2. Jazzercise. Franchise fee: $1,250. …
  3. Help-U-Sell Real Estate. Franchise fee: $15,000. …
  4. United Country Real Estate. Franchise fee: $8,000 to $20,000. …
  5. Stratus Building Solutions. …
  6. Anago Cleaning Systems. …
  7. JAN-PRO. …
  8. Dream Vacations.

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.

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.

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