Tubbys Submarines Franchise — Costs & How to Buy
- Initial investment
- $100,000 – $300,000
- Franchise fee
- —
- Royalty
- —
- Units open
- 70
- Net worth required
- $600,000 – $1,500,000
- Headquarters
- Michigan
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About Tubbys Submarines
Tubbys Submarines is a hospitality franchise opportunity headquartered in Michigan. Compare Tubbys Submarines alongside other hospitality franchise opportunities to evaluate unit economics, ramp curves, and territory availability before requesting a Franchise Disclosure Document.
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Tubbys Submarines franchise — frequently asked questions
How much does it cost to open a Tubbys Submarines franchise?+
Total initial investment for a Tubbys Submarines franchise typically ranges from $100,000 to $300,000, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Tubbys Submarines charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Tubbys Submarines franchise?+
No prior industry experience is required. Tubbys Submarines provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Tubbys Submarines location?+
From signed franchise agreement to grand opening, most Tubbys Submarines franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Tubbys Submarines franchisees?+
Tubbys Submarines is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.