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2026 FDD VERIFIEDFast Food
Lefab Franchisor

Lefab Franchisor

Franchising since 1982 · 30 locations

The total investment to open a Lefab Franchisor franchise ranges from $234,430 - $1.2M. The initial franchise fee is $19,000. Ongoing royalties are 6% plus a 2% advertising fee. Lefab Franchisor currently operates 30 locations. Data sourced from the 2026 Franchise Disclosure Document.

Investment

$234,430 - $1.2M

Franchise Fee

$19,000

Total Units

30

FPI Score

This franchise has not yet been scored by the Franchise Performance Index. Scores are calculated based on public FDD data, SBA loan performance, and system-level metrics.

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What is the Lefab Franchisor franchise?

The Lefab Franchisor franchise presents a compelling opportunity for prospective investors seeking entry into the thriving limited-service restaurant sector, building upon a rich history of quality and strategic expansion. The brand was originally established in 1982 by visionary brothers Larry and Mitchell Raikes, who inaugurated their inaugural submarine sandwich shop in Jacksonville, Florida. This initial venture proved to be an "instant hit," garnering immediate popularity and prompting the brothers to initiate the franchising of their successful concept merely four years later in 1986. Within a remarkable eight-year period following the commencement of its franchising efforts, the Lefab Franchisor franchise had already cemented its position as a substantial and recognizable player within the fiercely competitive sub sandwich industry, demonstrating an impressive early growth trajectory and market penetration. Today, Larry Raikes continues to guide the company as its Chairman and President (CEO), while Mitch Raikes serves as Vice President, maintaining the original leadership vision from their corporate headquarters located in Jacksonville, Florida, the very city where the brand's journey began. There is no information available to suggest the existence of a parent company, indicating that the Lefab Franchisor franchise operates as a privately held entity, firmly under the stewardship of the Raikes brothers. The company distinguishes itself through an unwavering commitment to crafting superior sub sandwiches, achieved by meticulously sourcing and utilizing high-quality ingredients. This includes USDA Black Angus roast beef, premium hams that are 97% fat-free, caramel roasted Golden Supreme turkey breast, and genuine smoked provolone cheese, all served on freshly baked breads. A notable highlight of their product offering is the incorporation of Raikes Farms Antibiotic-Free Turkey Breast and Grilled Chicken Breast, alongside the celebrated, award-winning bread supplied by Costanzo's bakery located in Buffalo, New York. This dedication to freshness and quality extends to daily operations, where all meats and cheeses are sliced on-site in front of customers, prominently displayed within six-foot deli cases, reinforcing the transparency and premium nature of the Lefab Franchisor franchise offering.

The operational landscape for the Lefab Franchisor franchise is situated within the robust and continuously expanding global Limited-Service Restaurants (LSR) market, a sector characterized by significant consumer demand and consistent growth. Industry analyses reveal the global LSR market was valued at an impressive approximately USD 823.96 billion in 2024, with projections indicating a rise to USD 871.02 billion by 2025. Looking further ahead, the market is anticipated to reach an extraordinary USD 1,435.98 billion by the year 2034, underscoring the long-term viability and expansion potential for businesses like the Lefab Franchisor franchise. Another comprehensive market estimate places the global market at US$1.2 Trillion in 2024, forecasting a growth to US$1.4 Trillion by 2030, reinforcing the sector's immense scale. The compound annual growth rate (CAGR) for the global LSR market is projected to be around 5.7% throughout the forecast period of 2025–2034, with another forecast predicting a 5.71% CAGR from 2025 to 2035, highlighting a steady and attractive growth trajectory. Within this broad market, the Fast-Food Restaurants segment alone is expected to achieve US$626.8 Billion by 2030, exhibiting a CAGR of 3.9%, while the Fast-Casual Restaurants segment is poised for a 3.2% CAGR over the analytical period. The U.S. market, a primary focus for the Lefab Franchisor franchise, held a substantial valuation of $315.1 Billion in 2024. This burgeoning industry is driven by several pivotal consumer trends, including an increasing demand for convenience and speed, propelled by modern, busier lifestyles. The surging focus on delivery and takeout services, with delivery sales in the limited-service sector escalating by over 20% in the past year as of 2025, further boosts market dynamics. The rise of third-party delivery platforms and mobile ordering capabilities are not merely enhancing customer experience but are actively fueling sector expansion, providing ample opportunity for a well-positioned Lefab Franchisor franchise.

Investing in a Lefab Franchisor franchise involves a clearly defined financial commitment, designed to provide clarity for prospective entrepreneurs. The initial franchise fee is consistently stated at $20,000, although another reputable source indicates a slightly different initial franchise fee of $19,000, providing a narrow range for this upfront cost. The total investment required to successfully establish and open a new Lefab Franchisor franchise location typically ranges from $175,000 to $254,000, encompassing various expenditures from build-out to initial inventory. A separate, equally credible source offers a slightly more conservative total investment range of $110,000 to $170,000, suggesting that the final investment can vary based on factors such as location, size, and specific market conditions. Franchisees operating a Lefab Franchisor franchise are subject to a royalty fee, calculated at 6% of their gross sales. This particular royalty rate is highlighted by the company as "one of the lowest in the industry," a significant advantage that can positively impact a franchisee's profitability and cash flow. In addition to royalties, franchisees contribute to an advertising fund, with 2% of gross sales allocated for regional advertising initiatives and an extra 1% designated for national advertising efforts. This totals a 3% contribution of gross sales for advertising, exclusive of any applicable sales tax, ensuring robust brand visibility and marketing support across various scales. To qualify for a new Lefab Franchisor franchise, prospective owners are required to demonstrate a minimum of $25,000 in available liquid capital, ensuring they possess sufficient immediate funds for initial operational needs and contingencies. Furthermore, a minimum net worth of $150,000 is required for new franchisees, reflecting the financial stability and capacity expected of partners. A unique financial benefit offered by the Lefab Franchisor franchise includes quarterly rebates to its franchisees, which are directly tied to purchasing volume from approved vendors. The company proudly states that it transparently passes on these rebates, offering a tangible financial saving to each franchise owner and enhancing the overall economic appeal of the investment.

The Lefab Franchisor franchise places a strong emphasis on providing comprehensive training and an robust support structure, ensuring its franchisees are well-equipped for success from day one. The company proudly describes this extensive network as its "Big Support Team," designed to assist franchisees through every stage of their business journey. A thorough training program is a cornerstone of this support, meticulously provided for both the franchisee and their essential staff members. This immersive training is conducted at one of the company's designated training stores, offering hands-on experience in an operational environment, and is subsequently extended to the franchisee's own location, ensuring direct application of learned skills. The overarching goal of this program is to transform franchisees into "expert sandwich makers," proficient in all aspects of the business. Specifically, Unit Managers are required to complete an intensive 3-week, 120-hour training program, which is offered without any tuition charge and is consistently described as "extremely beneficial" by those who undertake it. To further aid in skill development and operational consistency, a comprehensive training video is also provided to all franchisees. Beyond initial training, the Lefab Franchisor franchise extends critical pre-opening services, actively assisting franchisees with pivotal activities such as strategic site location, efficient store design, procurement of necessary equipment, and crucial lease negotiations, streamlining the complex start-up phase. Ongoing support remains a constant pillar, with the dedicated support team readily accessible throughout the initial training period and continuously available long after the store’s grand opening. This includes the provision of a 24-hour emergency hotline, ensuring that assistance is always just a call away for any urgent operational needs. The company also plays an active role in orchestrating grand opening events during the first week of operation, helping to generate initial buzz and customer traffic. Furthermore, franchisees benefit significantly from "BIG price breaks" meticulously obtained through national contracts with vendors, translating into substantial cost savings on supplies and ingredients. Continuous operational and marketing assistance is also an integral part of the ongoing support structure, helping franchisees navigate daily challenges and maximize their market presence. The Lefab Franchisor franchise opportunities are available for both single and multiple units, with specific availability contingent upon the particular market dynamics and the individual qualifications of the applicants. While the system is flexible, specific details regarding protected territories for the Lefab Franchisor franchise were not found within the provided research.

When evaluating the financial performance of the Lefab Franchisor franchise, prospective investors typically turn to the Franchise Disclosure Document (FDD), specifically examining the Item 19 section for Financial Performance Representations (FPRs) or earnings claims. It is important to note that franchisors are not legally mandated to provide earnings information within Item 19; however, if any financial performance claims are made during the sales process, those claims must be transparently disclosed and thoroughly substantiated in this particular section. Item 19 has the capacity to furnish valuable data on revenue, sales, expenses, or profit information, which is typically derived from the actual performance of existing franchised units. When such data is presented, the franchisor is also obligated to clearly explain the methodology used for its calculation, providing critical context for potential investors. This section is designed to offer a realistic financial outlook, assisting prospective franchisees in making informed decisions about the potential profitability and operational costs associated with the investment. However, within the scope of the provided search results, specific average revenue per unit, median revenue, or profit margin figures for the Lefab Franchisor franchise are not detailed. Consequently, without direct access to the full and comprehensive Franchise Disclosure Document, which would contain such specific earnings claims and detailed financial data, these particular performance metrics for the Lefab Franchisor franchise cannot be accurately reported here. Franchisees are therefore advised to meticulously review the FDD directly, and engage in thorough due diligence, including consulting with existing franchisees, to gain a complete understanding of the financial potential and operational realities of the business. This diligent approach is crucial for any serious investor considering an opportunity with the Lefab Franchisor franchise, as it ensures all available financial insights are fully explored.

The Lefab Franchisor franchise demonstrates a notable growth trajectory and possesses several distinct competitive advantages within the fast-paced limited-service restaurant market. As of the most recent available data, the brand operates a total of 91 units, reflecting a consistent expansion. A more granular breakdown from January 2018 indicated that there were 8 corporate-owned shops and 57 franchised locations, amounting to a total of 65 units at that specific time. This data reveals a substantial growth of 26 units between January 2018 and the latest reported figure of 91 units, illustrating a healthy rate of expansion over a relatively short period. The company’s foundational inspiration was rooted in an ambitious vision to expand the concept nationwide, a goal that continues to drive its strategic development. As of January 2018, the Jacksonville market alone, where the brand originated, boasted 18 Lefab Franchisor franchise locations, signifying a strong regional presence and brand recognition in its home territory. While the brand has demonstrated robust domestic growth, the provided information does not specify any operations in countries outside of the United States. The competitive advantages of the Lefab Franchisor franchise are deeply embedded in its operational philosophy and product offerings. These include a steadfast commitment to using only high-quality products, such as USDA Black Angus roast beef, premium hams (97% fat-free), caramel roasted Golden Supreme turkey breast, real smoked provolone cheese, and freshly baked breads, which collectively contribute to a superior customer experience. The inclusion of Raikes Farms Antibiotic-Free Turkey Breast and Grilled Chicken Breast further elevates its health-conscious appeal, while the use of award-winning bread from Costanzo's bakery in Buffalo, New York, provides a distinct quality differentiator. The daily practice of slicing meats and cheeses in front of customers, prominently displayed in six-foot deli cases, not only reinforces freshness but also builds trust and transparency, a key factor for the discerning consumer. Furthermore, the Lefab Franchisor franchise benefits from a comparatively low royalty rate of 6%, described as "one of the lowest in the industry," which enhances franchisee profitability. The unique offering of quarterly rebates based on purchasing volume from vendors adds another layer of financial benefit, while the comprehensive training and ongoing support structure provide a strong operational foundation, enabling franchisees to thrive in a competitive environment.

The ideal candidate for a Lefab Franchisor franchise is an individual who aligns closely with the brand's core values and operational ethos, possessing both a commitment to quality and the requisite financial stability. While the provided research does not explicitly outline a detailed profile of the ideal franchisee, several key attributes can be inferred from the company's operational model and internal culture. A strong dedication to delivering high-quality products and customer satisfaction, mirroring the brand's own emphasis on USDA Black Angus roast beef, Raikes Farms Antibiotic-Free Turkey Breast, and award-winning bread, is paramount. Franchisees should be adept at managing staff effectively, fostering a positive work environment, and addressing operational challenges proactively, given some employee feedback regarding management and communication. The financial requirements are concrete: prospective owners must possess a minimum of $25,000 in available liquid capital and a net worth of at least $150,000, underscoring the need for a solid financial foundation. The Lefab Franchisor franchise opportunities are structured to accommodate both single-unit and multi-unit operators, with availability determined by specific market conditions and the individual qualifications of the applicant, suggesting a degree of flexibility for different investment appetites. Although specific details regarding protected territories were not explicitly found in the available research, the company’s stated ambition for nationwide expansion indicates a proactive approach to market development. The official franchise page emphasizes a family-like internal culture, proclaiming, "Lefab Franchisor franchise has happy customers, happy employees & happy franchisees-we're family!" This suggests a preference for individuals who share this community-oriented vision and are committed to creating a positive and supportive atmosphere for their teams and customers, reinforcing the brand's commitment to quality beyond just its products.

The Lefab Franchisor franchise presents a compelling investor opportunity, strategically positioned within a robust and continuously expanding global Limited-Service Restaurants market. With the global LSR market valued at an estimated USD 823.96 billion in 2024 and projected to reach a remarkable USD 1,435.98 billion by 2034, the underlying industry provides a powerful tailwind for sustained growth. The brand’s attractive financial structure, characterized by a competitive 6% royalty rate—noted as "one of the lowest in the industry"—and the unique benefit of quarterly rebates based on purchasing volume from vendors, enhances the potential for strong franchisee profitability. This is further bolstered by a comprehensive and accessible support system, encompassing thorough training programs, pre-opening assistance, a 24-hour emergency hotline, and ongoing operational and marketing guidance, ensuring franchisees are well-equipped at every stage. The Lefab Franchisor franchise boasts a well-established history, having been founded in 1982 and successfully initiating its franchising program in 1986, demonstrating a proven business model and enduring brand appeal. The company's unwavering emphasis on high-quality products, including USDA Black Angus roast beef, Raikes Farms Antibiotic-Free Turkey Breast, and premium, freshly sliced ingredients, consistently leads to high customer satisfaction and repeat business. With a clear vision for nationwide expansion, the Lefab Franchisor franchise offers a chance to join a growing network rooted in quality, support, and a proven track record, making it an appealing prospect for serious entrepreneurs. Explore the complete Lefab Franchisor franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

Key Highlights

Data Insights

Key performance metrics for Lefab Franchisor based on SBA lending data

Investment Tier

Significant investment

$234,430 – $1,237,780 total

Why Lefab Franchisor Doesn't Appear in Public SBA Data

The SBA 7(a) program publishes loan-level data for every approved franchise borrower. Lefab Franchisor does not currently appear in those public records — and that absence carries useful information for prospective franchisees evaluating this brand.

Absence from SBA records does not mean a brand is un-fundable. It typically means the franchise system uses alternative capital sources, or that current franchisees self-fund, secure conventional bank financing, or roll over equity from a prior business sale rather than going through an SBA-guaranteed 7(a) loan. For prospective Lefab Franchisor franchisees, the practical question is which financing path actually closes for this brand's profile.

Data window: SBA 7(a) approvals reported through the most recent FOIA release. Absence of Lefab Franchisor from this window does not reflect lender denial — it reflects no 7(a)-program activity recorded for this brand in the public dataset.

Payment Estimator

Loan Amount$188K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$2,427

Principal & Interest only

Locations

Lefab Franchisorunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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3 FDDs Available for Lefab Franchisor

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Lefab Franchisor