Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
  • CruiseOne
  • Firehouse Subs
  • Jimmy John's
  • Massage Envy
  • Menchie's
  • Orange Leaf Frozen Yogurt
  • Planet Fitness
  • The UPS Store
  • Yogurt Land
  • And Hundreds More...

No, thanks. I'm not interested in uncovering the actual earnings of hundreds of franchises at this time.

FDD Talk Daily: Weekly Average Unit Volume for Firehouse Subs Restaurants in 2011, 2010, and 2009

by Franchise Chatter on January 7, 2013

in Franchise Earnings, Sub Sandwich Franchise

Franchise Chatter Membership Information

Don't Invest in a Franchise Until You Check Out This List

Highlights of Firehouse Subs’ Item 19 Financial Performance Representations (2012 FDD) – Part 1

  • 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”).
  • The total investment necessary to begin operation of a single Firehouse Subs Restaurant ranges from $178,376 to $625,801. These totals include the following amounts that must be paid to the franchisor or its affiliates:  an initial franchise fee of $20,000; the fee for a mural, which ranges from $2,800 to $5,000; and the MIS System Fee, which ranges from $100 to $1,200.
  • If you sign an Area Development Agreement (the “Development Agreement”), you will also pay a Development Fee equal to $10,000 times the number of Restaurants to be developed. The portion of the Development Fee allocable to each Restaurant (which is $10,000 for each Restaurant) will be credited against the initial franchise fee for that Restaurant.

Section 1 – Firehouse Subs Historical Average Unit Volume of Company-Owned and Franchised Locations (2009-2011)

  • Firehouse Subs Exterior Photo by gsbrown99The following section shows historical sales information regarding both franchised and affiliated Firehouse Subs Restaurants that were open for a full 12 month period during the company’s fiscal years 2011, 2010, and 2009.
  • The historical sales information was compiled using the reports provided to the franchisor by these Restaurants. The reports are provided on a cash accounting basis and are used to form the basis of royalty payments.
  • The sales summary below does not reflect any expenses of Firehouse Subs Restaurants. Some of the expenses that are not reflected in this summary, but that you will incur and should take into consideration, are the following:  franchise payments, including royalties; salaries, payroll taxes, and other employee benefits; licenses; rent and utilities; cost of equipment; cost of food and other product costs; financing costs (in addition to occupancy expense); accounting and legal expenses; debt repayment. These expenses will affect the net income and cash flow of a Firehouse Subs Restaurant. You should consider them and evaluate their impact on your operations.

2011 Weekly Average Unit Volume

To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf

Franchise Matching Quiz

Franchise Matching Quiz

{ 0 comments… add one now }

Leave a Comment

Previous post:

Next post: