How long will it take to open a traditional restaurant?
The timeline may vary by location, but is typically 6-12 months; and depends on many factors, including but not limited to site selection, lease negotiations, plans and permits, and restaurant build-out.
How much money do I need to open a franchise?
To qualify, individuals must show $80,000 in non-borrowed personal resources (liquid assets such as cash, marketable securities and stocks) along with an overall net worth (total assets minus total liabilities) of $250,000. Financing should be secured through third-party lending sources. The total cost of each unit varies by size and location.
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What are the royalty and advertising fees?
Our fee structure has remained stable at 5.5% for royalties, 1% for National and 3% for local advertising, for a total of 9.5%, which is generally much lower than our competitors.
Can I own more than one unit?
You may develop one restaurant at a time, or be granted the opportunity for multi-unit development for certain geographical trade areas.
Single Unit: You will select a site from a mutually agreed geographical trade area.
Multi-Unit: Area development is reserved for the very best operational candidates with adequate capital reserve. We specify an exclusive geographic region (large or small) for site selection and analysis. These defined areas are located in existing trade areas where there is room for growth, or new territory where Port of Subs® is yet to be discovered. Your plan will include at least three (3) units and require that you meet certain opening timeframes.
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Disclaimer: This franchise is not being offered to residents of the following states: Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, and Wisconsin. This communication is not directed to any person in the states listed above by or on behalf of the franchisor or anyone acting with the franchisor’s knowledge. No franchises can be offered or sold in the states listed above until the offering has been registered and declared effective by the appropriate regulatory authority and the franchise disclosure document has been delivered to the offeree before the sale within the applicable time frame. This franchise is offered only by delivery of a Franchise Disclosure Document (FDD).
What kind of training can I expect as a franchisee?
Two people per restaurant are required to successfully complete the Port of Subs®’ training in a Certified Training Restaurant. One person will spend four weeks of training in the restaurant and at the Port of Subs® Corporate Office in Reno, Nevada. The second person will spend two weeks of training in the restaurant.
What support will be offered to me?
Real Estate: Working with you, Port of Subs® will help select a great location. Find your restaurant location among our current trade areas in Arizona, California, Idaho, Nevada, Oregon, Utah, Washington and Wyoming.
Construction: The Corporate Design and Construction Team assist in pre-construction restaurant layouts and will guide you through your project overview. Architects and contractors help you submit the plans, obtain the permits and construct the restaurant.
Training: Two people per restaurant are required to successfully complete the Port of Subs®’ training in a Certified Training Restaurant. One person will spend four weeks of training in the restaurant and at the Port of Subs® Corporate Office in Reno, Nevada. The second person will spend two weeks of training in the restaurant.
Grand Opening and Opening Support: Dedicated, hands-on, local Franchise Field Consultants and Field Marketing Consultants offer up to 10 days opening support. Your Field Marketing Consultant assists in executing a marketing campaign for your restaurant launch and in developing a customized Local Restaurant Marketing strategy to help drive traffic and revenue through catering, loyalty and special event programs.
Advertising: Most advertising expenditures are made on a local basis through advertising cooperatives which are generally controlled by the Franchisees as there is one vote per restaurant. This local level approach helps to insure that the advertising dollars are effective locally.
On-Going Operational Assistance: Operational assistance doesn’t end with your restaurant opening…we help you every step of the way! After you open your new restaurant, Port of Subs® dedicates a Franchise Field Consultant and Field Marketing Consultant to visit your restaurant on a regular basis to provide operational and marketing guidance.
We were both corporate supervisors involved in franchise training and new store openings. We chose Port of Subs® to invest in because we knew what a great product Port of Subs® offered as well as the strong and personal corporate support. The culture of Port of Subs® is like a family. We also have a chance to offer input into the company and affect positive changes.Gary and Judy E.