Start a PrimoHoagies Franchise in 2024

2024 Franchise 500 Rank: #366 Ranked #456 last year

Initial investment: $365K - $763K

Units as of 2024: 117 41.0% over 3 years

PrimoHoagies prides itself on providing nothing short of the best premium hoagies. PrimoHoagies, based in Westville, New Jersey, was founded in 2002 and started franchising the same year. Since its inception, the company has expanded across several states.

Recently, PrimoHoagies introduced new products, partnered with delivery service providers, and offered a customer loyalty program in an effort to stay ahead of the game and continue to be competitive in the hoagie market.

Why You May Want to Start a PrimoHoagies Franchise

PrimoHoagies offers franchisees the opportunity to run an exciting business. The company boasts of producing subs that are made from high-quality meat and with fresh, healthy ingredients. Through long-tenured employees, the company maintains originality and consistency of quality. These values have played a massive role in making PrimoHoagies one of the country's most well-known franchise deli opportunities.

Franchisees at PrimoHoagies also benefit from being backed by a nationally trusted and recognized brand. This has helped many franchisees grow even in the smallest of communities. Having unique and well-received products helps franchisees create an ever-growing and loyal clientele.

What Might Make a PrimoHoagies Franchise a Good Choice?

One way to assess an investment's quality isn't by its price, but by the value and resources that come with it. With a franchise investment, franchisees get access to an extensive training program, project development, and real estate support, as well as operational support. At PrimoHoagies, franchisees are not said to work for the company. Instead, they work together with the management team to reward everyone.

PrimoHoagies has an initial franchise fee which is due immediately after signing the franchise agreement. This fee gets you a license to operate your sandwich store under the brand's registered name. In addition, franchisees should be prepared for ongoing fees, including royalty fees, advertising fees, and potential renewal fees. Typically, a term of agreement with PrimoHoagies lasts for 5 years with the option to renew if both you and the franchisor wish to continue the relationship.

The company also offers support with marketing and advertisements. This may include online support, site selection, a franchise intranet platform, as well as help with website development and SEO.

How Do You Start a PrimoHoagies Franchise?

The first step to becoming a franchisee is completing an inquiry form. If interested, PrimoHoagies may reach out to you upon receipt of the request. It is essential to determine if both parties share the same values and goals. They'll give you a franchise application and a Franchise Disclosure Document if they wish to learn more about you. After looking over the paperwork, you can decide if this PrimoHoagies is the best fit for you.

PrimoHoagies will invite you to a discovery day at their headquarters in Westville, New Jersey as your progress through the process of opening a PrimoHoagies franchise. After meeting in person, you can sign a franchise agreement and complete the financial obligations. The next step will be selecting the perfect location for your business and starting construction. While construction is in the works, you can attend the training programs and wait for the grand opening. Before long, your customers will be in hoagie heaven.

Company Overview

About PrimoHoagies

Industry	Food
Related Categories	Submarine Sandwiches, Sandwiches
Founded	1992
Leadership	Nicholas Papanier Jr., CEO
Corporate Address	610 Ryan Ave., Bldg. V, #4 Westville, NJ 08093
Social	Facebook, Twitter, LinkedIn, Instagram, TikTok

Business Overview

Franchising Since	2002 (22 years)
# of employees at HQ	42
Where seeking	This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Illinois, Indiana, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Vermont, West Virginia
# of Units	117 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a PrimoHoagies franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$20,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$365,499 - $763,400
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$425,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	10% off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	PrimoHoagies has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	120 hours
Classroom Training	80 hours
Ongoing Support	Newsletter Meetings & Conventions Toll-Free Line Grand Opening Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	10-15
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes