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Larry's Giant Subs
Larry's Giant Subs was started in the 1980s when the Raikes brothers started a sub shop in Jacksonville with an inflatable gorilla as the mascot. Larry's Giant Subs offers hot/cold subs, deli sandwiches, Italian hoagies, Philly cheesesteaks, and other items. Franchisees and staff receive business and sandwich-making training at the corporate store and franchisees' location. The company also provides ongoing support, including site location, store design, equipment purchase, lease negotiation, operations, and marketing assistance.
Facts & figures
$25,000 is required in available capital if you want to become a franchisee. New Larry's Giant Subs franchisees need to have at least a $150,000 net worth. $110,000 is the minimum that Larry's Giant Subs expects its owners will need to invest in a new location. $170,000 is the most that Larry's Giant Subs expects its owners will need to invest in a new location. Before you become an owner, you will owe the franchisor a franchise fee of $19,000. In total, there are 91 units of this franchise open today.
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