FranchiseBudget

Firehouse Subs vs IHOP Franchise Cost 2026

Firehouse Subs runs $351K–$667K. IHOP runs $1.7M–$4.0M. The gap at midpoint: $2.3M.

Firehouse Subs

$351K–$667K

total investment

Investment Difference

$2.3M

Firehouse Subs costs less

IHOP

$1.7M–$4.0M

total investment

Cost Breakdown

Category Firehouse Subs IHOP Lower Cost
Total Investment $351K–$667K $1.7M–$4.0M Firehouse Subs
Franchise Fee $20,000 $40,000 Firehouse Subs
Royalty Rate 6.0% 4.5% IHOP
Ad Fund Fee 3.0% 3.5% Firehouse Subs
Net Worth Required $300K $1.0M Firehouse Subs
Liquid Capital $80K $500K Firehouse Subs
Est. Break-Even 20.0 yr 33.9 yr Firehouse Subs

Firehouse Subs Profile

Category
food
Total Investment
$351K–$667K
Franchise Fee
$20,000
Royalty
6.0%
Est. Annual Revenue
$850K
Full Firehouse Subs Cost Breakdown →

IHOP Profile

Category
food
Total Investment
$1.7M–$4.0M
Franchise Fee
$40,000
Royalty
4.5%
Est. Annual Revenue
$2.1M
Full IHOP Cost Breakdown →

Bottom Line

Firehouse Subs costs $2.3M less to open at the midpoint. That difference goes toward working capital or a second location. IHOP also wins on royalty rate.