6/10

Franchimp Summary Rating

4 /10
Higher than 62% of peers

Franchise Summary

Description
The franchise is for the establishment and operation of a restaurant which offers and serves large-portion hot submarine style sandwiches in a unique fire-fighting atmosphere and decorum at an economical price under the FIREHOUSE SUBS trade name and business system (a "FIREHOUSE SUBS Restaurant" or "Restaurant").
Corporate Structure
FIREHOUSE OF AMERICA, LLC. is a Florida limited liability company organized by filing Articles of Organization with the Florida Department of State on November 16, 2004, but they were not organized until December 1, 2004. Their current principal business address is 12735 Gran Bay Parkway, Suite 150, Jacksonville, Florida 32258. They began offering franchises in January 2005.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$672,194 / unit

Franchise Type: Standard

Average Revenue During 2020

$672,194
$173,917
Industry Low
$2,256,060
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Firehouse Subs Franchisees

Firehouse Subs Franchise System Development in 2021

FAQ

How much investment do I need to start my own Firehouse Subs business?
Franchisees typically require at least $343 to $976 investment to get their Firehouse Subs business started
What are the initial franchise fees for Firehouse Subs?
Franchisees typically need to pay at least $21 in fees directly to Firehouse Subs in order to earn the right to launch their business
How much money can I make with a Firehouse Subs franchise? What are the average revenues for a typical Firehouse Subs business?
We estimate that the average revenue of an individual Firehouse Subs unit is approximately $672,194. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Firehouse Subs unit? What is my contractual commitment?
Firehouse Subs franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $343,245 to $976,700 which is Much Higher than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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