Firehouse Subs® Restaurant

Source filing: WI · filed 2026-03-25

Item 5 — Initial franchise fee

$20,000 [p.24 · WI · 2026-03-25]

Item 6 — Recurring fees (royalty & advertising)

Royalty56% of Gross Sales2, 5 per Accounting Period.3 [p.29 · WI · 2026-03-25]
Deferred Renovation Default RoyaltyRoyalty increases to an agreed-upon percentage of Gross Sales2 per Accounting Period3 until renovation is complete. [p.31 · WI · 2026-03-25]

Full Item 6 schedule (including one-time and conditional fees) is in the FDD itself.

Item 7 — Estimated initial investment (total)

$405,350 [p.34 · WI · 2026-03-25] $875,950 [p.34 · WI · 2026-03-25]

Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.

Item 20 — Outlets

Franchised outlets at start of year1,206 [p.81 · WI · 2026-03-25]
Franchised outlets at end of year1,249 [p.81 · WI · 2026-03-25]
Net change in franchised outlets43 [p.81 · WI · 2026-03-25]
Transfers88 [p.84 · WI · 2026-03-25]
TerminationsNot disclosed
Non-renewalsNot disclosed
Ceased operations (other)Not disclosed
Company-owned outlets at end of year42 [p.81 · WI · 2026-03-25]

Item 19 — Financial performance representation

Headline cohort

Counter Service Franchised Restaurants (without drive thru) - All · FY2025

Outlets in sampleAverageMedianHighLow
1,033 [p.73 · WI · 2026-03-25] $973,809 [p.74 · WI · 2026-03-25] $938,981 [p.74 · WI · 2026-03-25] $3,523,523 [p.74 · WI · 2026-03-25] $154,410 [p.74 · WI · 2026-03-25]

All disclosed cohorts (15)

CohortOutletsAverageMedianHighLow
Counter Service Franchised Restaurants (without drive thru) - All
FY2025
1,033 [p.73 · WI · 2026-03-25] $973,809 [p.74 · WI · 2026-03-25] $938,981 [p.74 · WI · 2026-03-25] $3,523,523 [p.74 · WI · 2026-03-25] $154,410 [p.74 · WI · 2026-03-25]
Counter Service Franchised Restaurants (without drive thru) - Top 25%
FY2025
258 [p.73 · WI · 2026-03-25] $1,362,686 [p.74 · WI · 2026-03-25] $1,290,643 [p.74 · WI · 2026-03-25] $3,523,523 [p.74 · WI · 2026-03-25] $1,131,060 [p.74 · WI · 2026-03-25]
Counter Service Franchised Restaurants (without drive thru) - 25%-50%
FY2025
258 [p.73 · WI · 2026-03-25] $1,026,183 [p.74 · WI · 2026-03-25] $1,023,189 [p.74 · WI · 2026-03-25] $1,130,337 [p.74 · WI · 2026-03-25] $939,737 [p.74 · WI · 2026-03-25]
Counter Service Franchised Restaurants (without drive thru) - 50%-75%
FY2025
258 [p.73 · WI · 2026-03-25] $862,320 [p.74 · WI · 2026-03-25] $860,166 [p.74 · WI · 2026-03-25] $938,981 [p.74 · WI · 2026-03-25] $776,987 [p.74 · WI · 2026-03-25]
Counter Service Franchised Restaurants (without drive thru) - 75%-100%
FY2025
259 [p.73 · WI · 2026-03-25] $645,319 [p.74 · WI · 2026-03-25] $679,227 [p.74 · WI · 2026-03-25] $776,050 [p.74 · WI · 2026-03-25] $154,410 [p.74 · WI · 2026-03-25]
Free Standing Franchised Restaurants with Drive Thru - All
FY2025
35 [p.74 · WI · 2026-03-25] $1,054,318 [p.74 · WI · 2026-03-25] $1,058,115 [p.74 · WI · 2026-03-25] $1,442,070 [p.74 · WI · 2026-03-25] $402,349 [p.74 · WI · 2026-03-25]
Free Standing Franchised Restaurants with Drive Thru - Top 25%
FY2025
9 [p.74 · WI · 2026-03-25] $1,343,938 [p.74 · WI · 2026-03-25] $1,349,627 [p.74 · WI · 2026-03-25] $1,442,070 [p.74 · WI · 2026-03-25] $1,255,559 [p.74 · WI · 2026-03-25]
Free Standing Franchised Restaurants with Drive Thru - 25%-50%
FY2025
8 [p.74 · WI · 2026-03-25] $1,162,568 [p.74 · WI · 2026-03-25] $1,157,293 [p.74 · WI · 2026-03-25] $1,248,918 [p.74 · WI · 2026-03-25] $1,102,677 [p.74 · WI · 2026-03-25]
Free Standing Franchised Restaurants with Drive Thru - 50%-75%
FY2025
9 [p.74 · WI · 2026-03-25] $995,872 [p.74 · WI · 2026-03-25] $992,889 [p.74 · WI · 2026-03-25] $1,058,115 [p.74 · WI · 2026-03-25] $895,831 [p.74 · WI · 2026-03-25]
Free Standing Franchised Restaurants with Drive Thru - 75%-100%
FY2025
9 [p.74 · WI · 2026-03-25] $726,924 [p.74 · WI · 2026-03-25] $754,811 [p.74 · WI · 2026-03-25] $883,805 [p.74 · WI · 2026-03-25] $402,349 [p.74 · WI · 2026-03-25]
End Cap Strip Center Franchised Restaurants with Drive Thru - All
FY2025
69 [p.75 · WI · 2026-03-25] $1,123,608 [p.75 · WI · 2026-03-25] $1,031,817 [p.75 · WI · 2026-03-25] $2,223,620 [p.75 · WI · 2026-03-25] $488,122 [p.75 · WI · 2026-03-25]
End Cap Strip Center Franchised Restaurants with Drive Thru - Top 25%
FY2025
17 [p.75 · WI · 2026-03-25] $1,702,397 [p.75 · WI · 2026-03-25] $1,642,466 [p.75 · WI · 2026-03-25] $2,223,620 [p.75 · WI · 2026-03-25] $1,430,417 [p.75 · WI · 2026-03-25]
End Cap Strip Center Franchised Restaurants with Drive Thru - 25%-50%
FY2025
17 [p.75 · WI · 2026-03-25] $1,200,806 [p.75 · WI · 2026-03-25] $1,158,590 [p.75 · WI · 2026-03-25] $1,424,515 [p.75 · WI · 2026-03-25] $1,033,186 [p.75 · WI · 2026-03-25]
End Cap Strip Center Franchised Restaurants with Drive Thru - 50%-75%
FY2025
17 [p.75 · WI · 2026-03-25] $925,908 [p.75 · WI · 2026-03-25] $924,143 [p.75 · WI · 2026-03-25] $1,031,817 [p.75 · WI · 2026-03-25] $842,676 [p.75 · WI · 2026-03-25]
End Cap Strip Center Franchised Restaurants with Drive Thru - 75%-100%
FY2025
18 [p.75 · WI · 2026-03-25] $690,780 [p.75 · WI · 2026-03-25] $722,508 [p.75 · WI · 2026-03-25] $829,308 [p.75 · WI · 2026-03-25] $488,122 [p.75 · WI · 2026-03-25]
“The tables in Section A present historical annual sales information of certain types of franchised Firehouse Subs Restaurants in the United States (excluding U.S. territories) that were open throughout our entire 2025 fiscal year ended December 31, 2025.” [p.73 · WI · 2026-03-25]

Extraction notes