Jon Smith Subs

Jon Smith Subs

Information based on 2022 FDD

Food & Beverage · Sub Sandwiches

Investment min
$360K
Total: $360K–$914K
Avg gross revenue
N/A
Unit-level, 2022
Franchise fee
$40K
Per current disclosure
Royalty
6%
of gross revenue
Locations
11
Franchising since 2007

Description

What is Jon Smith Subs?

Jon Smith Subs, established in 1988, has earned a stellar reputation for delivering premium, made-to-order sub sandwiches that consistently exceed expectations. What sets this franchise apart is their unwavering commitment to quality, featuring marinated sirloin steak, whole breast chicken, and premium cold cuts that are sliced fresh daily.

The brand has become particularly famous for their signature 'Steak Bomb' and unique offerings like their Cuban sandwich and Cajun-style subs. Each sandwich is crafted on freshly baked bread and complemented by their renowned hand-cut, crispy french fries, which have developed their own following among customers.

What truly distinguishes Jon Smith Subs is their dedication to customer experience. The franchise maintains high standards of cleanliness and service, with many locations being owner-operated, ensuring personal attention to quality and customer satisfaction. Their menu strikes the perfect balance between classic favorites and innovative combinations, catering to both traditional sub enthusiasts and adventurous food lovers.

The business model emphasizes fresh preparation and generous portions, setting them apart from conventional quick-service sandwich chains. Their commitment to quality extends to every aspect of operations, from ingredient sourcing to staff training. This attention to detail has helped build a loyal customer base and positive reputation in every market they serve.

For entrepreneurs looking to enter the food service industry, Jon Smith Subs offers a proven concept in the growing fast-casual segment, backed by strong operational support and a commitment to maintaining the high standards that have made the brand successful.
  • 37 years of proven operational history since 1988
  • Established fast-casual franchise model with growth potential
  • Diverse menu featuring sirloin steak, grilled chicken, and deli options
  • Boutique franchise system with personalized support opportunities
  • Competitive investment entry point in sub-sandwich sector
  • Fresh vegetable and quality ingredient menu focus

Location Analysis

Where Jon Smith Subs wins

Jon Smith Subs, established in 1988, maintains a strategic presence across multiple states, demonstrating a focused approach to market development. The franchise shows strongest penetration in Florida, Michigan, and Virginia, with established presence in Texas and Alabama. Additional market coverage extends across several other states including California, North Carolina, Ohio, South Carolina, Tennessee, and other regions throughout the country.

Customer satisfaction metrics are notably strong, with consistently high ratings across customer reviews, indicating excellent service quality across regions. The sample location in Union Lake, Michigan, achieving outstanding customer satisfaction scores, exemplifies the franchise's potential for excellence in suburban markets.

With over three decades of operational experience, Jon Smith Subs has demonstrated success in diverse markets from Southeast coastal regions to Midwest metropolitan areas. Successful locations tend to thrive in middle-income suburban areas with strong daytime populations and retail corridors. Ideal locations feature high visibility, accessible parking, and proximity to business districts or retail centers.

For prospective franchisees, markets with similar demographics to successful locations in Florida and Michigan offer promising opportunities. The franchise's ability to maintain high customer satisfaction across diverse regions suggests a replicable business model, though careful site selection remains crucial for success.
Total US locations
11
Franchise units
11
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Jon Smith Subs

Avg gross revenueN/A
Investment range$359,500 – $914,302
Investment midpoint$636,901
Brand fund3%
Royalty6%
Franchise fee$39,500
Min. net worth
Min. liquid capital
Jon Smith Subs requires an initial investment of $359,500 to $914,302, positioning it competitively within the sub-sandwich segment. The investment range sits below the sub-sector average minimum of $419,677 while reaching slightly above the average maximum of $864,432, offering accessible entry points for prospective franchisees.

The sub-sandwich sector benefits from consistent consumer demand for convenient, customizable meal options, though faces intensifying competition from established players. The franchise's 37-year operational history since 1988 demonstrates proven system longevity and market resilience, though the current 11-unit footprint suggests a boutique franchise model with significant growth potential.

This smaller system size presents unique opportunities including greater territory availability, personalized franchisor support, and ground-floor expansion potential in an established concept. However, it also indicates limited brand recognition compared to dominant competitors and potentially less developed operational infrastructure.

Note: Revenue data is not currently available for detailed profitability analysis. The brand positions itself as an alternative to mainstream competitors with menu offerings including sirloin steak, grilled chicken, deli meats, and fresh vegetables.

Prospective investors should thoroughly evaluate territory rights, local competition density, and market demographics. Comprehensive FDD review and independent market validation remain essential for informed investment decisions in this established franchise system.
Did you know? Did you know that launching your own Jon Smith Subs franchise - known for their authentic Philly-style cheesesteaks and premium submarine sandwiches - requires a total investment between $359,500 and $914,302, which includes the $39,500 franchise fee plus all equipment, buildout, and working capital needed to bring this beloved sub shop concept to your community?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$360K–$914K
Most common
$359,500
Minimum
$636,901
Midpoint
$914,302
Maximum

Per FDD Item 7, total initial investment ranges from $359,500 to $914,302. The midpoint $636,901 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

-27% YoY
201612840
2016
2017
2018
2019
2020
2021
2022
11 units open as of 2022 FDD-4 in last 12 mo

2022 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Jon Smith Subs's 2022 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2022 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Jon Smith Subs franchise typically ranges between $359,500.00 and $914,302.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2022. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Jon Smith Subs
Jon Smith Subs
N/A avg revenue · 11+ US franchises

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