Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in USA? Then this franchise is right for you. to know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.
Are you looking for a no-frills sub sandwich brand to franchise? I’d like to introduce you to Blimpie, a sub sandwich chain that’s been in the business for more than 50 years. Their menu is simple: subs, wraps, grilled paninis, and salads. Don’t let the simplicity of this chain fool you though. Blimpie surviving all the other sub sandwich competitors to this day is a testament that simple may just be the way to do business around here.
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There are some distinct advantages you can expect when franchising this sub sandwich chain. Here are a few of them:
Blimpie is very simple. The menu is all about subs, wraps, and grilled paninis. There are no other items that may confuse customers and the specials that pop up from time to time are also in line with what Blimpie offers. Like we said above, it’s really a no-frills sub sandwich brand that people can enjoy for what it is.
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Blimpie has several options when you decide to franchise with them. You can choose to get a traditional store, a non-traditional store, and an express. These are all different store sizes with different financial requirements so if you would still like to run a Blimpie but you’re sticking to a budget, you can find which one fits your expenses.
Blimpie is in the process of upgrading their look! Franchising with them now will let you be a part of this transformation, and not to mention your store will get a fresh new Blimpie look when you sign up to franchise with them. The company has seen declining revenue numbers for more than a decade so its good to see the company is taking action to update and revamp their marketing assets.
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Owned By a Big Brand
Having a business that’s owned by a big brand such as Kahala Brands and MTY Group means they’re more credible. Admittedly, Blimpie isn’t the same Blimpie it was before when it was more aggressive and business boomed to about 1,000 locations. But it’s assuring to know that they’re being handled by a big company that knows how to handle the business and can hopefully return Blimpie to the glory days.
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The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
|Fees / Expenses||Financial Amount|
|Liquid Capital||$ 125,000|
|Net Worth||$ 250,000|
|Total Investment||$ 74,780 to $ 524,325|
|Franchise Fee||$ 11,900 to $ 19,900|
Average Sales / Revenue per Year
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Revenue has declined sharply over the past 10 years for Blimpie. For example, back in 2011 the companies total revenue came in at $115.3 million. In 2020, the company only brought in $63 million in revenue. That’s a decline in revenues of 45% during that time period. Obviously, sales need to turn around if this chain is going to survive for another decade.
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Is a Franchise?
Yes, a franchise.
What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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