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Home > Franchises > Port Of Subs
Port Of Subs
A franchisee is a powerful and effective process that includes the marketing, sale and distribution of products as well as services. Experience of the franchisor and the goodwill of the brand are the vital attributes of a successful franchisee. The franchisor licenses the trademarks and techniques of doing business and performs the distribution of products or services through his associated dealers. In 1972, two brothers from New Jersey opened a modest submarine shop in Sparks, Nevada called the Sub Shop. John Larsen, a Public Accountant who had been advising the Sub Shop owners, seized the opportunity to purchase an interest in the business and later bought the business in 1975. After taking the helm, Larsen sponsored a community-wide contest to choose a name for the Sub Shop to differentiate it from imitators. In a review of more than 10,000 contest entries, Larsen chose the name Port of Subs. Between 1975 and 1985 the Larsen’s developed ten company-owned units. Over the years the Port of Subs brand has become synonymous with quality sandwich making and superior customer service. Port of Subs also offers a breakfast sandwich, hot sandwiches, fresh salads, chips, an extensive line of deli trays, desserts and a variety of refreshing beverages. Port Of Subs started its Franchising in 1985. Franchisor is a privately-held company with 25 employees and 3 employees in franchise department. Currently Port of Subs has over 140 units open in six Western states and is positioned to grow the system to over 200 units within the next two years. Over the years Port of Subs has developed a proven, effective system of operation that will give you the edge necessary to create a thriving business. Entrepreneur Magazines Franchise 500 and Restaurants and Institutions Top 400 have recognized Port of Subs as one of the top franchising opportunities. Voted Reno’s Best sub-sandwich restaurant 18 years in a row. Port of subs was repeatedly voted Las Vegas’s Best sub sandwich restaurant. The total investment for this franchise varies from 181,800 to 279,500 dollars, with express or kiosk option available. The franchise fee is 5,000 to 16,000 dollars. The ongoing loyalty fee is 5.5 percent. The term of agreement is of 10 years and is renewable. According to entrepreneur magazine 2002-2006 they were ranked 306 in 2006, 328 in 2005, 244 in 2004, 238 in 2003 and 222 in 2002 by the franchise 500 ranks.
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