Atlantic City Sub Shops

Submarine sandwiches & salads

Background

Founded: 1986 Franchising since: 1995
Brett Perlman, Scott Perlman and Santo Formica founded Atlantic City Sub Shops in 1986, opening their first store in Egg Harbor Township, New Jersey, just west of the shoreline destination. From that location, the partners began serving submarine sandwiches for customers who would eat in, take out or order delivery.

The company overnights sandwiches made in the Egg Harbor store to customers who don't have an Atlantic City Sub Shop location near them.

124 Wharf Rd.
Egg Harbor Township, New jersey 08234

Phone:
(609)926-4560

Franchisor has 17 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	1	0	0	2
2006	2	0	0	1
2005	--	--	--	--

Where Seeking Franchisees
In the U.S. Northeast, South, Southeast, United states

Exclusive territories available.
Territory size: 50 miles

Costs and Fees

Total investment: $100K-275K
Franchise fee: $15K

Ongoing royalty fee: 5%
Term of agreement: 3 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $300K
Cash liquidity requirement: $120K
Business Experience:

General business experience

Operations

Number of employees needed to run franchised unit: 13 - 15
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)