Customers have been enjoying the great taste of Port of Subs sandwiches for over 30 years. 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”.

Contact Information for Port Of Subs

Company Website: http://www.portofsubs.com

5365 Mae Anne Ave., #A29 NA
Reno
NV 89523 USA Work: (800) 245-0245
Fax: (775) 747-1510

Entrepreneur.com Company Profile

Opportunity Type:

Training Available:
  • At headquarters
Support Available:
  • Newsletter
  • Meetings
  • Phone Support
  • Internet
  • Purchasing cooperatives

Business Start Date: 1

Description: Customers have been enjoying the great taste of Port of Subs sandwiches for over 30 years. 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”.

Required net worth: $250,000

Total investment: $199,300 – $328,300

Cash liquidity: $80,000

Franchise fee: $7,500 – $20,000

Franchise Start Date: 1

Number of Employees: 25

Number of Franchises: 128

Company Owned Units: 25

Ongoing Royalty: 5.5%

Financing Available: Yes Third Party


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