Planet Sub - Franchise
With over 30 years of success behind the brand, and over 10 years of franchising experience, Planet Sub is finally expanding across the nation - with marked successes along the way! No one makes sandwiches the way we do; from homemade bread (mixed right in the store), to our unique method of baking our hot subs, to our eclectic ingredient mix, Planet Sub is unlike any other sub chain concept available today. Pair all that with a low cost of entry, and high potential for gains, Planet Sub is a great opportunity whether you're looking at a single unit, or if you're looking for a large ADA.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $100,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $350,000 What does Net Worth mean? |
| Total Investment: | $182,500 - $402,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | Yes, we offer a 20% discount off of our franchise fee for all military vets |
Franchisor Details
Facts about this franchise:
| Total Units: | 42 |
|---|---|
| Home Office: | Kansas City, MO |
| Year Founded: | 1979 |
| Franchising Since: | 2002 |
What Does a Planet Sub Franchise Cost?
To buy a franchise with Planet Sub, you'll need to have at least liquid capital of $100,000 and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $182,500 - $402,000. They also offer a discount for veterans . *
About The Concept
Planet Sub is an oven baked sandwich concept. We make craft subs on bread we mix, roll, and bake from scratch right in the store. Bakery quality bread and freshly sliced meats cheeses and veggies make Planet Sub (also known as PSUB) a truly unique and delicious up and comer!
We were recently named “One to Watch” and also a “Top Franchise Deal” by QSR Magazine, and proudly ranked as “Best of the Best: Top 40 food franchises in America” by the Franchise Business Review. That means our franchisees’ satisfaction is ranked in the top 40 of all restaurant franchises!
We are redefining fresh every day with our craft subs, craft beers, and authentic culture. Franchisees can expect to feel welcomed by the growing
network of friendly people, dedicated restaurant owners, and empowering leadership.
History
The Planet Sub franchise has grown from its Midwest heritage to expand across the US. With roots back to 1979, we have over 35 years of proven success. Our first location (The original ‘Yello Sub’) is world renowned and well known by anyone who lived or studied in Lawrence, KS. We became “Planet Sub” in 1998, and started our path to franchising in 2003. In the past 3 years, we have grown from a few franchise stores in operation, to now over 80 stores in development. We are set to become one of the fastest growing fresh-casual concepts, and territory is going fast!
Real Estate
What is the best location for a Planet Sub franchise?
- Power and Lifestyle Centers
- Regional Centers with first tier retail
- College towns
- Areas with High Daytime Population
- Some suburban/residential areas, depending on the population size — we prefer over 25,000.
- Median income at or above $45,000.
What is the ideal site criteria for a Planet Sub franchise?
- 1600 – 2500 square. We love unique locations
- Minimum of 25 ft. frontage
- 400 amp three-phase power is generally required
- 1 ton HVAC per 150 sq. ft. preferred
- 10 year lease terms with 5 year renewals
FAQ
How much money do I need to be considered for a Planet Sub franchise?
This is often one of the first questions folks ask us. How much does it cost? Generally speaking, we like for people to have at minimum $100,000 of liquid capital, with a net-worth of at least $300,000. Depending on your unique situation, as well as the territory you are interested in, this may be somewhat flexible.
How much are the royalties and fees?
5% of gross sales, and 1-3% of gross sales for advertising fees.
I don’t have any restaurant or construction background…is that a problem?
It’s not a problem at all! We have a comprehensive 30 day training program, which will empower you to operate your restaurant! Our professional architectural partners will help to design the store layout for you, our real estate partners will help find a local broker in your area with experience rolling out national brands like ours, and we will also help every step of the way through the construction process. Our goal is to get you open in a A+ location while focusing on keeping your costs as low as possible.
How much guidance does Planet Sub provide after I open?
We are 100% dedicated to supporting our franchisees. We make sure we’re available to help you along the way and long after you’re open!
Ideal Candidate
Our ideal franchise candidates will represent the same authentic attitudes that make Planet Sub what it is. We seek people who are looking for more than just a business opportunity, but also for something they can be passionate about and proud of. People who are expressive, leaders in their communities, and who are fueled by integrity and dedication to their passions.
**Dallas, Austin, and San Antonio territories are sold out. Seeking Developers for Houston, Waco, Amarillo, Corpus Christi, Tyler, and Midland areas.**
This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident of one of these states, or a country whose laws regulate the offer and sale of franchises, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction.
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Availability
Planet Sub is currently accepting inquiries from the following states:
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