PrimoHoagies
Subs- 2023 Franchise 500 Rank
-
#456Not ranked last year
- Initial investment
-
$350K - $759K
- Units as of 2023
-
125 62.3% over 3 years
PrimoHoagies prides itself on providing nothing short of the best premium hoagies. PrimoHoagies, based in Westville, New Jersey, was founded in 2002 and started franchising the same year. Since its inception, the company has expanded across several states.
最近,PrimoHoagies引入新产品,partnered with delivery service providers, and offered a customer loyalty program in an effort to stay ahead of the game and continue to be competitive in the hoagie market.
Why You May Want to Start a PrimoHoagies Franchise
PrimoHoagies offers franchisees the opportunity to run an exciting business. The company boasts of producing subs that are made from high-quality meat and with fresh, healthy ingredients. Through long-tenured employees, the company maintains originality and consistency of quality. These values have played a massive role in making PrimoHoagies one of the country's most well-knownfranchise deliopportunities.
Franchisees at PrimoHoagies also benefit from being backed by a nationally trusted and recognized brand. This has helped many franchisees grow even in the smallest of communities. Having unique and well-received products helps franchisees create an ever-growing and loyal clientele.
What Might Make a PrimoHoagies Franchise a Good Choice?
有一种方法来评估一个投资的质量不是its price, but by the value and resources that come with it. With a franchise investment, franchisees get access to an extensive training program, project development, and real estate support, as well as operational support. At PrimoHoagies, franchisees are not said to work for the company. Instead, they work together with the management team to reward everyone.
PrimoHoagies has an initial franchise fee which is due immediately after signing the franchise agreement. This fee gets you a license to operate your sandwich store under the brand's registered name. In addition, franchisees should be prepared for ongoing fees, including royalty fees, advertising fees, and potential renewal fees. Typically, a term of agreement with PrimoHoagies lasts for 5 years with the option to renew if both you and the franchisor wish to continue the relationship.
The company also offers support with marketing and advertisements. This may include online support, site selection, a franchise intranet platform, as well as help with website development and SEO.
How Do You Start a PrimoHoagies Franchise?
The first step to becoming a franchisee is completing an inquiry form. If interested, PrimoHoagies may reach out to you upon receipt of the request. It is essential to determine if both parties share the same values and goals. They'll give you a franchise application and a Franchise Disclosure Document if they wish to learn more about you. After looking over the paperwork, you can decide if this PrimoHoagies is the best fit for you.
PrimoHoagies will invite you to a discovery day at their headquarters in Westville, New Jersey as your progress through the process of opening a PrimoHoagies franchise. After meeting in person, you can sign a franchise agreement and complete the financial obligations. The next step will be selecting the perfect location for your business and starting construction. While construction is in the works, you can attend the training programs and wait for the grand opening. Before long, your customers will be in hoagie heaven.
Company Overview
About PrimoHoagies
Industry | Food |
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Related Categories | Submarine Sandwiches,Sandwiches |
Founded | 1992 |
Leadership | Nicholas Papanier Jr., CEO |
Corporate Address | 610 Ryan Ave., Bldg. V, #4 Westville, NJ 08093 |
Social | Facebook,Twitter,Instagram |
Business Overview
Franchising Since | 2002(21 years) |
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# of employees at HQ | 42 |
Where seeking | This company is offering new franchisees in the following US states: Alabama, Arkansas, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Mississippi, North Carolina, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, West Virginia |
# of Units | 125(as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a PrimoHoagies franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$15,000 |
---|---|
Initial Investment |
$350,000 - $759,000 |
Net Worth Requirement |
$450,000 |
Cash Requirement |
$200,000 |
Veteran Incentives |
10% off franchise fee |
Royalty Fee |
6% |
Ad Royalty Fee |
4.5% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | PrimoHoagies has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 120 hours |
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Classroom Training | 80 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
# of employees required to run | 10-15 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like PrimoHoagies? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where PrimoHoagies landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
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