Port of Subs FDD – Franchise Information, Costs and Fees
Type of Business
The Franchisee will operate a restaurant facility for the on-premises and off-premises consumption of a wide variety of made-to-order submarine-type sandwiches, hot sandwiches, salads, catering trays, wraps, deserts, beverages and other quick service food items. Additionally, Port of Subs offers a pre-made line of food products that are produced and sold at non-traditional locations. The product line is called Port of Subs Crafted to Go® (CTG). This program is optional, and Franchisee must qualify for this program.
Corporate Information
Port of Subs, Inc. is a Nevada corporation incorporated on April 22, 1985 with its principal place of business and business address as 5365 Mae Anne Avenue, Suite A-29, Reno, Nevada 89523.
Investment
The total investment necessary to begin operation of a Port of Subs traditional franchise is $220,600 -$407,600. This includes an $18,500 – $15,000 initial franchise fee that must be paid to the Franchisor, except for the fee for a qualified United States Veteran, which is $10,000.
The total investment necessary to begin operation of a Port of Subs non-traditional franchise is $167,700 – $515,100. This includes a $12,000 – $10,000 initial franchise fee that must be paid to the Franchisor, except for the fee for a qualified United States Veteran, which is $10,000.
The total investment necessary to begin operation of a Port of Subs Co-branded franchise is $150,000-$200,000, for Port of Subs requirements only. This includes a $15,000 – $12,000 initial franchise fee that must be paid to Franchisor, except for the fee for a qualified United States Veteran, which is $10,000.
The total investment necessary to begin operation of a Port of Subs Converted Sub Shop franchise is $139,500 – $259,600. This includes a $10,000 initial franchise fee that must be paid to the Franchisor.
In addition, Port of Subs offers Area Development Agreement(s) for traditional, non-traditional, and Cobranded restaurants for the right to develop more than one Port of Subs restaurant within a designated area and the additional franchise fee is $15,000 – $10,000 per additional restaurant. Fifty percent (50%) of these fees must be paid to the Franchisor upon execution of the Area Development Agreement.