Tubby's Sub Shops Franchise

Grilled submarine sandwiches

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Founder Richard Paganes opened the first Tubby's Sub Shop in 1968 in St. Clair Shores, Michigan. The company began franchising in 1978 and has locations in the Midwest and southeastern United States. Tubby's Sub Shop, which began as a family-owned and -operated business, is now public and is based in Roseville, Michigan.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Tubby's Sub Shops, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Tubby's Sub Shops website.

How much does it cost to open a Tubby's Sub Shops Franchise ?

The investment required to open a Tubby's Sub Shops Franchise is between $112,900 - $293,500 . There is an initial franchise fee of $17,500 -$20,000 which grants you the license to run a business under the Tubby's Sub Shops name.

Individual Franchise Costs

  • Initial Investment:
    $112,900 -
  • Initial Franchise Fee:
    $17,500 - $20,000
  • Royalty Fee:
    4%-6%
  • Advertising Fee:
    4%
  • Term of Agreement:
    10 years

Expense In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No No
Payroll No No

Training
On-The-Job Training: 92 hours Classroom Training: 28 hours Additional Training: Company store

Support
Newsletter Meetings/Conventions Toll-Free Line Grand Opening Field Operations Site Selection

Marketing
National Media Social media

Tubby's Sub Shops Growth History

When did the first Tubby's Sub Shops open? 1968
When did Tubby's Sub Shops start Franchising ? 1978

20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Florida, Michigan, Ohio



How much does a Tubby's Sub Shops Franchise owner make?

How much money you could make as a Tubby's Sub Shops Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Tubby's Sub Shops Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$17,500 - $293,500
Initial Franchise Fee
$17,500 - $20,000
Royalty Fee
4%-6%
Advertising Fee
4%
Term of Agreement
10 years
Latest News
Tubby's Announces New Proposed Merger With Private Corporation
Sterling Heights, Michigan
1999-05-05 View All
Tubby's Sub Shops Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Tubby's Sub Shops and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Tubby's Sub Shops franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.