Planet Sub

What Does a Planet Sub Franchise Cost in 2020?

Cash Required:$100,000
Net Worth Required:$350,000
Total Investment:$182,500 - $402,000

Planet Sub Details

Incorporated Name:Planet Sub, Inc.
Industry:QSR
Subsector:QSR
Total Units:42
Year Founded:1979
Franchising Since:2002
Home Office: Kansas City, MO

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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Please Note:

Planet Sub is currently accepting inquiries from the following states: Arizona, Arkansas, Colorado, Georgia, Kansas, Louisiana, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, Ohio, Oklahoma, Tennessee, Texas, Utah.

Interested parties should have at least $100,000 in liquid capital to invest.

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