Start-Up Costs and Fees |
||
| The Steak Escape | Firehouse Subs | |
| Investment | 190200 - 1300000 | 57502 - 868696 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3-5% | |
| Year Founded | 1982 | 1994 |
| Year Franchised | 1983 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| The Steak Escape | Firehouse Subs | |
| Experience | General business experience | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! |
Financing Options |
||
| The Steak Escape | Firehouse Subs | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| The Steak Escape | Firehouse Subs | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | |
| Marketing | ||
| Operations | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | |
Expansion Plans |
||
| The Steak Escape | Firehouse Subs | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Canada, Mexico |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| The Steak Escape | |
| Firehouse Subs | |
| Franchise Fee | |
| The Steak Escape | |
| Firehouse Subs | |
| Royalty Fee | |
| The Steak Escape | 6% |
| Firehouse Subs | 6% |
| Advertising Fee | |
| The Steak Escape | |
| Firehouse Subs | 3-5% |
| Year Founded | |
| The Steak Escape | 1982 |
| Firehouse Subs | 1994 |
| Year Franchised | |
| The Steak Escape | 1983 |
| Firehouse Subs | 1995 |
| Term Of Agreement | |
| The Steak Escape | 20 years |
| Firehouse Subs | |
| Renewal Fee | |
| The Steak Escape | |
| Firehouse Subs | |
Business Experience Requirements |
|
| Experience | |
| The Steak Escape | General business experience |
| Firehouse Subs | 1. Minimum of $80k to invest 2. Credit score of 650+ 3. Strong inner drive for excellence 4. Devotion to your Firehouse Subs business 5. Motivated and community-minded 6. Must love subs! |
Financing Options |
|
| Franchise Fees | |
| The Steak Escape | No |
| Firehouse Subs | No |
| Start-up Costs | |
| The Steak Escape | |
| Firehouse Subs | |
| Equipment | |
| The Steak Escape} | |
| Firehouse Subs | |
| Inventory | |
| The Steak Escape | |
| Firehouse Subs | |
| Receivables | |
| The Steak Escape | |
| Firehouse Subs | |
| Payroll | |
| The Steak Escape | |
| Firehouse Subs | |
Training & Support |
|
| Training | |
| The Steak Escape | |
| Firehouse Subs | |
| Support | |
| The Steak Escape | Newsletter, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
| Firehouse Subs | |
| Marketing | |
| The Steak Escape | |
| Firehouse Subs | |
| Operations | |
| The Steak Escape | International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| Firehouse Subs | |
Expansion Plans |
|
| US Expansion | |
| The Steak Escape | |
| Firehouse Subs | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| The Steak Escape | |
| Firehouse Subs | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| The Steak Escape | |
| Firehouse Subs | Canada, Mexico |