How much is a sandwich franchise?
How much is a sandwich franchise?
Per the most recent Franchise Disclosure Document, the estimated initial investment range for a Jon Smith Subs restaurant is $332,500 to $637,984. The sandwich franchise has a royalty fee of 6% of gross revenues, due weekly.
What is similar to Subway?
Options like Subway, Jimmy John’s, and Blimpie serve a wide range of traditional deli-style sub sandwiches. Chains like Potbelly, Schlotsky’s and Arby’s offer a range of hot sandwiches.
Is Ike’s sandwiches a franchise?
You can sink your teeth into owning your own Ike’s Love & Sandwiches, as the popular nationwide chain continues their franchise expansion! Founder and namesake Ike Shehadeh opened the first sandwich shop in 2007. Ike’s is simply the best sandwich franchise opportunity, period.
How much is 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 – $38,250 | Monthly |
| Architectural Fees | $4,876 – $16,000 | As Arranged |
How much is a 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.
What is the most profitable food franchise?
Most Profitable Fast-Food Chains
- Tim Hortons; Owned by Restaurant Brands International Inc.
- The Wendy’s Company (NASDAQ: WEN)
- Jack in the Box Inc.
- Panera Bread Company (NASDAQ: PNRA)
- Papa John’s International, Inc.
- Taco Bell; Owned by Yum!
- Dunkin’ Donuts; Owned by Inspire Brands.
- Arby’s; Owned by Inspire Brands.
What is the most popular sub restaurant?
The 10 most craveable chain sandwiches
- McAlister’s Deli. Score: 29.2% View All Slides.
- Arby’s. Score: 30.6% View All Slides.
- Jason’s Deli. Score: 33% View All Slides.
- Subway. Score: 35.7%
- Schlotzsky’s. Score: 44%
- Potbelly Sandwich Shop. Score: 45.5%
- Quiznos. Score: 45.5%
- Jimmy John’s Gourmet Sandwiches. Score: 47.8%
What is the most popular sandwich chain?
Subway
The QSR 50 Sandwich Segment
| category rank | qsr 50 rank | company |
|---|---|---|
| 1 | 3 | Subway* |
| 2 | 11 | Panera Bread* |
| 3 | 16 | Arby’s |
| 4 | 23 | Jimmy John’s |
Who owns Ike’s sandwich?
Ike Shehadeh
Ike Shehadeh, founder of the Bay Area-born Ike’s Love and Sandwiches, has grown his chain from his first Castro location to an 80-plus restaurant empire. I’m about 50 minutes into a late March interview with Ike’s Sandwiches’ eponymous owner, Ike Shehadeh, when he drops a veritable bombshell on me.
How much is Ike’s sandwiches worth?
The company now has 400 employees (like Yahoo!’s Marissa Mayer, Shehadeh personally approves every new hire), and although Ike would not speculate on his empire’s value — it is a privately held company — it is likely worth in excess of $20 million today, with a potential of…?
Is Subway sandwich a franchise?
Sandwich franchises have been on the rise in recent years, in large part due to the power of Subway. With 42,000 outlets , Subway is the largest quick service restaurant (QSR) chain in the world, the centerpiece of a QSR industry worth $273 billion in 2019.
What does the franchisor do for franchisees?
The franchisor grants the franchisee the right to operate the business under the franchise system’s trademarks and service marks and enforces the brand standards of the system. Great franchisors provide training to new franchisees and their management, and also provide support in the training of the franchisee’s staff.
Who founded the Subway sandwich franchise?
Subway (also known as Doctor’s Associates Inc.) is an American fast food restaurant franchise that primarily sells submarine sandwiches (subs), salads and beverages. It was founded by the 17 year old Fred DeLuca and financed by Peter Buck in 1965 as ” Pete’s Super Submarines ” in Bridgeport, Connecticut.
What is a sub franchise?
Sub-franchising is the term used to describe the relationship between a master franchisee and the unit franchisee in those systems that are the overseas operations of a franchisor that has decided to expand internationally. In practice, it is the same relationship as that between a unit franchisee and the franchisor in the latter’s home market.