Call us at 800-245-0245 or
E-mail franchisesales@portofsubs.com
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Net Worth = $250,000
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Assets are comprised of current value of real estate property and businesses; excluding jewelry, furnishings, automobiles, boats, IRA, 401K.
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Liquid Cash
Available = $80,000
* Liquid Cash is comprised of Checking, Savings, Money Market accounts, Stocks, Bonds
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Liabilities are the current value of outstanding loans, including, but not limited to, credit card balances, real estate mortgages, business lines of credit, promissory notes, student loans.
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Credit Score of approximately 700 or higher
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Net Worth = Total Assets (cash + assets) minus Liabilities.
Franchise Fees for a Traditional Restaurant
A traditional Port of Subs restaurant is generally located on leased premises in neighborhood shopping centers, strip centers, office & industrial complexes, end-cap and drive-through spaces. These locations typically offer 18 classic cold sandwich favorites, grillers, salads, wraps, party subs, party trays desserts, beverages and other quick service food items. The typical traditional restaurant will range between 1,000 – 1,800 sq. ft.
- $20,000 – 1st unit
- $15,000 – Each additional unit
Franchise Fees for a Non-Traditional Restaurant
A non-traditional Port of Subs restaurant is generally located in a convenience store, airport, supermarket, hospital, military base, university/college, casino or other entity or location which complements the primary host location. The typical non-traditional restaurant will range between 350– 1,200 sq. ft.
Financing
Port of Subs is listed on the U.S. Small Business Administration Franchise Registry, which may shorten the loan process for franchise investors. We do not offer direct 3rd party financing though we may be able to offer some guidance on where to obtain information.
You are required to contribute at least 30-35% of the total investment in liquid cash. These funds should not be generated from 401K or IRA liquidation, or by securing Home Equity Loans or Lines of Credit. Franchisees are welcome to secure financing for up to 70% of the investment with a lending institution of their choice.
| Name of Expenditure |
Low |
Medium |
High |
Initial Franchise Fee |
$15,000 |
$20,000 |
$20,000 |
| Rent |
$3,500 |
$4,000 |
$5,000 |
| Lease Hold Improvement |
$60,000 |
$78,000 |
$98,000 |
| Utility & Security Deposits |
$3,000 |
$4,500 |
$6,000 |
| Equipment |
$44,000 |
$56,000 |
$64,000 |
| Fixtures |
$17,500 |
$21,000 |
$23,000 |
| Initial Inventory & Supplies |
$3,500 |
$4,000 |
$4,500 |
| Point of Sale System & Electronics |
$10,000 |
$12,500 |
$15,000 |
| Insurance |
$800 |
$1,000 |
$1,300 |
| Training |
$3,000 |
$5,000 |
$7,000 |
| Grand Opening Advertising |
$3,000 |
$3,500 |
$4,000 |
| Signage |
$4,500 |
$9,000 |
$14,000 |
| Working Capital |
$12,000 |
$14,000 |
$18,000 |
| Tax, Licenses and Insurance Deposits |
$1,000 |
$1,500 |
$2,000 |
Plans, Specifications, Professional
& Legal Services |
$3,500 |
$5,000 |
$6,000 |
| Municipal Permits |
$2,000 |
$4,000 |
$15,000 |
|
$0 |
$2,500 |
$3,000 |
| Additional Funds |
$2,000 |
$3,500 |
$4,500 |
TOTAL |
$188,300 |
$249,000 |
$310,300 |
| Port of Subs has relied upon approximately 35 years of experience to compile these estimates. You should review these figures carefully with a business advisor. The figures are estimates of the costs for establishing a Port of Subs’ franchise restaurant. It is possible to exceed the costs in any particular area. It is also possible that the costs be less than the estimate. Actual costs may vary depending on a number of factors, including, but not limited to, lease provisions, restaurant design and size, seating capacity, equipment and materials selected, location and contractor chosen. |
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| Name of Expenditure |
Low |
High |
Franchise Fee |
$10,000 |
$10,000 |
| Rent |
$0 |
$4,000 |
| Lease Hold Improvement |
$18,000 |
$53,000 |
| Utility & Security Deposits |
$0 |
$4,500 |
| Equipment |
$20,500 |
$48,000 |
| Fixtures |
$11,500 |
$15,000 |
| Initial Inventory & Supplies |
$3,000 |
$4,000 |
| Point of Sale System & Electronics |
$10,000 |
$13,000 |
| Insurance |
$1,000 |
$1,200 |
| Training |
$3,000 |
$5,000 |
| Grand Opening Advertising |
$1,000 |
$3,000 |
| Signage |
$3,000 |
$10,000 |
| Working Capital |
$8,000 |
$12,000 |
| Tax, Licenses and Insurance Deposits |
$1,000 |
$1,500 |
Plans, Specifications, Professional
& Legal Services |
$1,500 |
$5,000 |
| Municipal Permits |
$1,000 |
$5,000 |
|
$0 |
$2,500 |
| Additional Funds |
$1,000 |
$3,000 |
TOTAL |
$93,500 |
$199,700 |
| Port of Subs has relied upon approximately 35 years of experience to compile these estimates. You should review these figures carefully with a business advisor. The figures are estimates of the costs for establishing a Port of Subs’ franchise restaurant. It is possible to exceed the costs in any particular area. It is also possible that the costs be less than the estimate. Actual costs may vary depending on a number of factors, including, but not limited to, lease provisions, restaurant design and size, seating capacity, equipment and materials selected, location and contractor chosen. |
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The Investment
