A report released by Glassdoor shows that the estimated total income a Firehouse Subs franchise owner can make yearly is about $113,695.
Please note that a Firehouse Subs owner can also make extra income and this can be as much as $45,579 per year from the commission, tips, profit sharing, bonuses et al. In 2012, the annual median sales of 1,109 franchised restaurants (traditional and non-traditional) shows that on average, a Firehouse Subs franchise makes $888,356 in sales per year.
Please note that the amount stated above is just an estimate, the amount a Firehouse Subs franchise owner can make in a year can be lower than the estimate or higher.
This is because there are factors that can influence the amount a business can make and some of the factors are the experience and capacity of the franchise owner, the location of the business, the size of the business, the marketing and branding strategies of the business, and the customer service policy of the business.
If you are truly certain that opening a Firehouse Subs franchise is what you want to do, then it won’t be wrong to make inquiries on how much you are likely going to make from the business. This is important because no investor or entrepreneur would want to invest in a business without having a picture of the returns they are likely going to get.
Franchising is a successful business model that has helped aspiring entrepreneurs and investors launch their businesses not just in the United States of America, but all over the world. It is a business model that is bound to be successful once the brand is successful and the business meets the basic requirements in the location where the franchise is located.
So, if you are considering opening a franchise and you are not sure which franchise to settle for, and how much you are likely going to generate annually, then you might want to consider opening a restaurant-based franchise or perhaps settle for a Firehouse Subs franchise.
About Firehouse Subs
Firehouse Subs is a well-known niche restaurant (a fast-food casual restaurant chain) founded and located in the United States of America. Firehouse Subs was founded by brothers Chris Sorensen and Robin Sorensen in 1994 in Jacksonville, Florida.
Chris and Robin Sorensen served as firefighters for some years before quitting and starting their own business, Firehouse Subs. The business was started with just $100 in 1994.
Chris and Robin Sorensen despite failing in other business ventures were able to make a success out of Firehouse Subs and currently, Firehouse Subs can boast of over 1,200 outlets spread across the United States of America. Firehouse Subs is notable for preparing and serving large-portion submarine-style sandwiches and they differentiate themselves with their unique fire-fighting-themed atmosphere.
Please note that before you can open a Firehouse Subs franchise, you must meet their requirements and part of the requirements is that you should be ready to invest $888,356 and this is inclusive of the initial franchise fee and other related fees.