Subs are a popular concept in food franchising. A concept to consider is the Port of Subs. The brand was established in Sparks, Nevada, by two brothers from New Jersey as the Sub Shop. After being bought by John Larsen and his family, there was a contest to decide the new name, and Port of Subs was chosen. Franchisees benefit form a simple business model and feel-good product. The ideal candidate is passionate about customer service and providing a quality product. Since it began franchising in 1985, the sandwich franchise has expanded to more than 135 units open in seven Western states across the U.S. The brand's menu includes classic subs, hot subs, special subs and wraps, salads, and more. Qualified candidates should have at least a $250,000 net worth with $80,000 liquid assets. The initial investment for a single unit is $328,000 to $543,225. This includes an initial franchise fee of $25,000. You will also be provided with great support and training.
In terms of support and training, you can expect an initial training program that is broken down into four weeks of intensive restaurant training, followed by 30 to 50 hours of self-study, and wraps with a week of training at our Port of Subs Corporate Headquarters in Reno, NV. During this time, you'll learn everything you need to know about running the business, including marketing and adverting, brand history, food prep, managing the books and more. Support and training are ongoing. To incentivize veteran ownership, military personnel are given $8,500 off of the one-time initial franchise fee.