Earnings Claims of Top Franchises Revealed

Earnings Claims of Top Franchises Revealed

  • Anytime Fitness
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FDD Talk Daily: Average, High, and Low Gross Sales of The New Miami Subs Grill Restaurants (By Quartile)

by Franchise Chatter on April 2, 2013

in Franchise Earnings, Sub Sandwich Franchise

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  • The New Miami Subs Grill, a South Florida company, has been around for over 20 years with the first Miami Subs Grill restaurant opening in 1988.
  • The franchise chain has grown to become Florida’s largest regional sub and grill chain featuring Philly cheesesteaks, wings, gyros, and burgers. Delivery, beer, wine, and breakfast are available in select locations.
  • Miami Subs currently has locations in Florida and South Carolina.
  • In July 2012, the international music superstar Pitbull (Armando Christian Perez in real life) announced the purchase of an equity ownership in The New Miami Subs Grill chain.
  • The Fort Lauderdale-based chain recently announced aggressive expansion efforts, including new locations planned for the US and Latin America. The franchise is focused on revitalizing the brand through renovation, relocation, and a commitment to downsizing existing locations that don’t fall in line with projected growth plans.
  • New product introductions include Fresh Angus Steak Burgers which have positioned the chain to compete for added market share in the fast casual sector and include quality statements such as freshly baked brioche rolls and multigrain buns.

Highlights of The New Miami Subs Grill’s Item 19 Financial Performance Representations (2012 FDD) – Part 2

Average Sales for the 33 Franchise Owned Miami Subs Grill Restaurants That Were Open for the Entire 2011 Calendar Year

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