The folks at Firehouse Subs built a business out of putting the best meats, cheeses, and toppings together in the most delicious subway sandwiches around.
Quick Facts
Executive Team
Robin Sorensen
Founder and President
Chris Sorensen
Founder and Vice-President
Who we are
Firehouse Subs is a leading chain of restaurants based in the United States. The brand specializes in fast-casual sandwiches and operates under the parent company Firehouse of America LLC. Investors have three Firehouse franchise styles to choose from. They can choose a traditional, strip mall with drive-thru, or a free-standing restaurant with drive-thru. All options come with a development program for a unit or area which is larger. The investment for unit development ranges from $189,574 to $997,320 while the investment for area development is between $221,574 and $1,065,320. The initial Firehouse franchise fee is $20,000 which includes a non-refundable $2,500 deposit that is paid during the evaluation stage. During evaluation, applicants must work for 50 hours at a Firehouse Subs restaurant without compensation. This helps the company decide if the candidate is a good fit to run one of its franchises. The franchisees take part in more training later on with classroom and on-the-job sessions. The local advertising contribution is 4% of gross sales. The franchise owner must spend between $5,000 to $9,600 for promotions during the first 12 months of opening. However, this expense is not applicable for restaurants with good sales performance. The franchise agreement guarantees the franchisee exclusive territorial rights. The franchisor can also end the agreement if the franchisee fails to complete the training. Franchisees must have a credit score of 650 or better to qualify. An initial Firehouse franchise agreement is ten years long with an option to renew for five years. Veterans are entitled to a franchise fee discount of 10% on their first unit. All franchisees receive continuous support with marketing, operations, and business development.
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