PrimoHoagies

PrimoHoagies

Information based on 2024 FDD

Food & Beverage · Sub Sandwiches

Investment min
$365K
Total: $365K–$763K
Avg gross revenue
$955K
Unit-level, 2024
Franchise fee
$20K
Per current disclosure
Royalty
6%
of gross revenue
Locations
109
Franchising since 2006

Description

What is PrimoHoagies?

PrimoHoagies stands as a testament to authentic Philadelphia culinary tradition, having delighted sandwich enthusiasts since 1992 with their signature gourmet hoagies. Recently voted the best sandwich shop in America by USA Today for two consecutive years, PrimoHoagies has earned its reputation through an unwavering commitment to quality and authenticity.

At the heart of their success lies their award-winning seeded bread, a distinguishing feature that sets them apart from conventional sub shops. Each hoagie is crafted using premium Thumann's meats and cheeses, sliced fresh to order, ensuring a superior taste experience that captures the essence of South Philly's rich sandwich-making heritage.

The menu showcases an impressive variety of cold and hot hoagies, including their popular Italian classics, the innovative Diablo series, and vegetarian options. What truly distinguishes PrimoHoagies is their dedication to maintaining consistent quality across all locations while fostering a welcoming, community-focused atmosphere.

Their business model includes a robust digital presence with an intuitive online ordering system and a rewarding customer loyalty program. The brand has successfully maintained its family-oriented values while scaling operations, ensuring each franchise location delivers the same authentic Philadelphia taste and experience.

For potential franchisees, PrimoHoagies offers a proven concept with strong brand recognition, comprehensive training programs, and a supportive corporate structure. Their success in various markets demonstrates the broad appeal of their authentic hoagie concept, making them a compelling option in the competitive fast-casual dining segment.
  • 57% Above Sub-sector Revenue Average
  • Award-winning National Sandwich Chain
  • Lower Investment Than Category Average
  • 30+ Years Proven Track Record

Location Analysis

Where PrimoHoagies wins

PrimoHoagies demonstrates strong regional concentration in the Northeast, with widespread coverage across multiple states. The franchise shows particular density in Pennsylvania and New Jersey, with significant market presence in these core territories. With an impressive average rating of 4.29 across thousands of customer reviews, the brand has established strong customer loyalty in its primary markets.

The franchise's geographic footprint reveals a strategic focus on densely populated Northeast corridors, with successful penetration in major metropolitan areas. This concentration allows for strong brand recognition and efficient supply chain operations. However, significant expansion opportunities exist in adjacent Northeast and Mid-Atlantic markets, particularly given the limited presence in Maryland and Delaware regions.

Ideal locations for new franchises typically include densely populated suburban areas with strong daytime workforce populations, proximity to office complexes, and high-traffic retail corridors. The success in Pennsylvania and New Jersey markets suggests that areas with established sandwich culture and appreciation for Italian-American cuisine perform particularly well.

Growth opportunities exist in underserved Northeast markets and potential expansion into Southeast territories, where similar demographic profiles and eating habits prevail. New franchisees should focus on locations with median household incomes above $60,000, strong lunch traffic, and limited direct competition from other premium sandwich concepts.
Total US locations
109
Franchise units
109
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind PrimoHoagies

Avg gross revenue$955,141
Investment range$365,499 – $763,400
Investment midpoint$564,450
Brand fund3%
Royalty6%
Franchise fee$20,000
Min. net worth
Min. liquid capital
PrimoHoagies requires an initial investment of $365,499 to $763,400, positioning it as a mid-tier franchise opportunity within the sub sandwich sector. The investment range sits below the sub-sector averages of $419,677 to $864,432, offering relatively accessible entry into an established brand. The 30+ year operational history and 109 units demonstrate proven system stability, though the moderate unit count suggests selective growth rather than aggressive expansion.

The sub sandwich sector benefits from consistent consumer demand for quick-service dining, with PrimoHoagies' Philadelphia heritage and gourmet positioning differentiating it from commodity competitors. The reported gross revenue of $955,141 exceeds sub-sector averages of $608,302, indicating strong unit-level performance potential. However, prospective investors should carefully review the FDD for revenue methodology and exclusions.

The brand's three consecutive USA Today awards (2023-2025) as "Best Sandwich Shop in America" provides significant marketing leverage and brand credibility. The franchise system appears well-established with comprehensive operational infrastructure, loyalty programs, and shipping capabilities expanding revenue streams beyond traditional dine-in service.

Ideal investors should possess $200,000-$300,000 liquid capital (estimated based on industry standards) and restaurant or retail management experience. The concept suits markets with appreciation for premium ingredients and Philadelphia-style cuisine. Multi-unit development opportunities may exist given the brand's selective expansion approach. Prospective franchisees must thoroughly review the FDD and conduct comprehensive due diligence before investment decisions.", "brand_bragging_rights": [ "Three-time USA Today award winner", "30+ years proven operational history", "Premium Thumann's meats and cheeses", "Award-winning signature seeded bread", "Established loyalty rewards program", "Nationwide shipping capability available
Did you know? Did you know that starting your own PrimoHoagies franchise - the beloved Philadelphia-born hoagie shop famous for their authentic Italian meats and fresh-baked rolls - requires a total investment between $365,499 and $763,400, which includes the $20,000 franchise fee plus all the startup costs needed to bring those legendary South Jersey-style hoagies 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

$365K–$763K
Most common
$365,499
Minimum
$564,450
Midpoint
$763,400
Maximum

Per FDD Item 7, total initial investment ranges from $365,499 to $763,400. The midpoint $564,450 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.

FDD Item 19

Average gross sales

$2M$1M$900K$600K$300KN/A
$862K
$963K
$955K
2022
2023
2024
Avg
$927K
YOY change (2023 -> 2024)
-1%

According to Item 19 of the Franchise Disclosure Document, PrimoHoagies has an average gross revenue of $955K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+17% YoY
1501209060300
2019
2020
2021
2022
2023
2024
109 units open as of 2024 FDD+16 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for PrimoHoagies's 2024 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 2024 FDD

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

Buyer FAQs

Frequently asked questions

The initial investment for a PrimoHoagies franchise typically ranges between $365,499.00 and $763,400.00. 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 2024. 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.

PrimoHoagies
PrimoHoagies
$955K avg revenue · 109+ US franchises

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