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Larry's Giant Subs

Franchise

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

Liquid capital required
$25,000
Net worth required
$150,000
Investment
$110,000 - $170,000
Franchise fee
$19,000
Units in operation
91

Overview

To open a location, you should have $25,000 available as liquid capital. $150,000 is the minimum net worth required to open a location. The low end of the total investment required to open a new franchise is $110,000. The most the franchisor could ask you to invest is $170,000 if you want to become a franchisee. 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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