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Built with precision for the QSR industry

The Database/SANDWICH

Firehouse Subs

Restaurant Brands International · QSR · EST. 1994 · Jacksonville, Florida

+ CompareFDD notes
US UNITS1,070+0.4% YOY
GLOBAL UNITS1,250
AUV (US)$1.1M
INVESTMENT RANGE$220K–$942K
FRANCHISED %90%

01The Read

Sandwich chain with firefighter theme and steamed subs

FIG 1 — US UNIT COUNT, 2019–2025
962
2019
980
2020
1,014
2021
1,011
2022
1,035
2023
1,066
2024
1,070
2025

SOURCE: QSR PRO ESTIMATES

02Our Coverage

6 STORIES
RBI Insiders Dump $32 Million in Stock as QSR Hits 12-Month HighMAR 24, 2026Wonder's $7 Billion Bet: How Marc Lore's Food Hall Model Is Rewriting the Multi-Brand PlaybookMAR 24, 2026Port of Subs Is Coming to Your City: The 450-Location Expansion That Could Reshape the Sandwich WarsMAR 24, 2026Potbelly's Quiet Comeback: From Near-Extinction to 500 Shops and a $1.3M AUVMAR 24, 2026Restaurant Brands International's 2028 Growth Algorithm: Can Burger King, Tim Hortons, and Popeyes Deliver?MAR 24, 2026Jersey Mike's $8 Billion Gamble: Inside Blackstone's Franchise Growth MachineMAR 24, 2026
FDD Fact Sheet · 2025
FRANCHISE FEE
$20K
ROYALTY
6%
AD FUND
—
TERM
10 YRS
LIQUIDITY
$75K
NET WORTH
$350K
Full cost breakdown →

Segment Peers

SubwayArby'sJimmy John'sJersey Mike's SubsMcAlister's Deli
QSR Pro Advisory

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