Earl of Sandwich
Earl of Sandwich franchises fast casual restaurants featuring made-to-order hot sandwiches using artisan baked bread, fresh meats, sauces, along with salads, wraps, soups, desserts, and beverages, potentially including alcohol, catering, and delivery. The business model offers single-unit franchises, development agreements for multiple units, and nontraditional locations like airports and stadiums, operating under a standardized system with proprietary marks and an operations manual. Target market is the general public in urban and suburban areas near offices, shopping centers, and high-traffic locations.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 3% weekly marketing obligation (2% brand fund + 1% local store marketing) + $0-$1,000/mo website fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How Earl of Sandwich Compares to Other Fast Casual Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Earl of Sandwich Current | $308K - $584K | $25K | 6.0% | 26 |
| Tropical Smoothie Cafe | $300K - $721K | $35K | 6.0% | 1,371 |
| TROPICAL SMOOTHIE CAFÉ | $300K - $721K | $35K | 6.0% | 1,371 |
| FIREHOUSE SUBS RESTAURANTS (UNIT) | $379K - $1.4M | $20K | 6.0% | 1,248 |
| Zaxby's | $1.4M - $3.8M | $35K | 6.0% | 826 |
| Qdoba | $548K - $1.3M | $40K | 5.0% | 652 |
Fast Casual Average 107 franchises | $532K - $1.2M | $39K | 5.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 107 Fast Casual franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Earl of Sandwich franchisees (2017 - 2019)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
Affiliates Bertucci’s Restaurants, LLC (Chapter 11 filed Dec 5, 2022, confirmed Sep 9, 2024; and Apr 24, 2025), PB Restaurants, LLC (Apr 4, 2025), Planet Express (LAX), LLC (Apr 4, 2025), and Times Square Buffet, LLC (Apr 4, 2025). Key officers Thomas Avallone, Jeffrey Sirolly, and Robert Earl serve in these companies.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Earl of Sandwich franchise?
The total initial investment to open a Earl of Sandwich franchise ranges from $307,500 to $584,000. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.
How many Earl of Sandwich franchise locations are there?
As of the 2025 FDD, Earl of Sandwich has 26 franchise locations. The company has been franchising since 2004.
Can you get an SBA loan for a Earl of Sandwich franchise?
Yes, SBA loans are available for Earl of Sandwich franchises. Historical data shows 6 SBA 7(a) loans have been approved for Earl of Sandwich franchisees, with an average loan amount of $426,450. The historical default rate is 0.0%.
Is Earl of Sandwich a good franchise to buy?
Earl of Sandwich shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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