Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
2025 FDD VERIFIEDQuick Service Restaurants
PrimoHoagies

PrimoHoagies

Franchising since 1992 · 49 locations

The total investment to open a PrimoHoagies franchise ranges from $382,025 - $668,178. The initial franchise fee is $20,000. Ongoing royalties are 8%. PrimoHoagies currently operates 49 locations (49 franchised). PeerSense FPI health score: 80/100. Data sourced from the 2025 Franchise Disclosure Document.

Investment

$382,025 - $668,178

Franchise Fee

$20,000

Total Units

49

49 franchised

FPI Score
Very_high
80

Proprietary PeerSense metric

Excellent
Capital Partners
33lenders available

Active capital sources verified for PrimoHoagies financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Established (25-99 loans)

Very High Confidence
80out of 100
Excellent

SBA Lending Performance

SBA Default Rate

7.5%

5 of 67 loans charged off

SBA Loans

67

Total Volume

$18.4M

Active Lenders

33

States

12

What is the PrimoHoagies franchise?

For franchise investors seeking a premium sandwich brand with fiercely loyal customers, strong unit economics, and the kind of national acclaim that money cannot buy, PrimoHoagies offers a compelling opportunity in the specialty sandwich franchise segment. Founded in South Philadelphia and headquartered in Westville, New Jersey, PrimoHoagies has built a devoted following around its authentic Italian-style hoagies featuring premium Dietz and Watson meats and cheeses layered on proprietary seeded bread that has become the brand's signature. The quality obsession has not gone unnoticed: PrimoHoagies has been named Best Sandwich Shop in America by USA Today for three consecutive years from 2023 through 2025, a remarkable achievement that has catapulted the brand from a regional favorite into a nationally recognized name with growing franchise demand across multiple states. With more than 118 locations and aggressive expansion plans, PrimoHoagies represents one of the most exciting growth stories in the quick-service restaurant franchise sector.

The American sandwich market generates tens of billions of dollars in annual revenue, yet the segment has been disrupted by a consumer shift away from mass-market chains that rely on processed ingredients and toward premium concepts that deliver the kind of authentic, high-quality sandwich experience that was once available only at the best neighborhood delis. Traditional sandwich franchise giants built their brands on speed and ubiquity, but today's consumers increasingly demand genuinely superior ingredients, artisan bread, and the craft-made quality that transforms a sandwich from a forgettable lunch into a memorable food experience. Independent delis and specialty shops deliver this quality but lack the consistency, brand infrastructure, and scalability that franchise investors require. This creates a compelling opportunity for a franchise concept that combines authentic deli craftsmanship with proven franchise systems, and PrimoHoagies' three consecutive national best sandwich awards validate its positioning at the top of this premium segment.

PrimoHoagies delivers on its quality promise through a menu centered on Italian-style hoagies and specialty sandwiches made with premium meats, imported cheeses, and a proprietary seeded roll that has developed an almost cult-like following among customers. Every sandwich is built to order with generous portions of high-quality ingredients, creating the kind of memorable eating experience that drives exceptional customer loyalty and word-of-mouth marketing. The menu extends beyond traditional hoagies to include specialty sandwiches, wraps, salads, and catering packages that capture corporate lunch, party, and event business. The brand's Philadelphia roots give it an authenticity that resonates with customers who associate the city with the finest Italian sandwich tradition in America, while the straightforward menu and efficient kitchen operations enable consistent quality across all franchise locations.

The investment required to open a PrimoHoagies franchise is competitive within the quick-service restaurant segment while reflecting the premium quality standards of the brand. The initial franchise fee is $20,000, with total investment ranging from approximately $382,025 to $668,178 for a single location. Multi-unit operators pay between $412,025 and $723,178 for development agreements covering three to five restaurants. Financial qualifications include minimum liquid capital of $150,000 and a net worth of $500,000. Franchisees pay an ongoing royalty of 8 percent of gross sales and contribute 2 percent to the marketing fund. Veterans receive a 10 percent discount on the franchise fee. PrimoHoagies provides comprehensive pre-opening support including site selection analysis, restaurant design, build-out management, supply chain setup, staff training, and a marketing launch program. The company's established relationships with premium ingredient suppliers ensure consistent access to the high-quality meats, cheeses, and bread that define the PrimoHoagies experience.

Financial performance data for PrimoHoagies demonstrates strong unit-level economics that significantly exceed quick-service restaurant sub-sector averages. The brand reports average gross revenue of approximately $955,141, a figure that substantially exceeds the sub-sector average of $608,302, validating the premium pricing power of a sandwich brand that has been named best in America three consecutive years. Among the 88 franchised restaurants open for more than 12 months during the 2024 reporting period, 36 exceeded the average, indicating that a significant portion of the system performs above these already strong benchmarks. The top 25 percent of locations demonstrate even more impressive revenue potential. The combination of premium pricing, strong customer loyalty, efficient kitchen operations, and catering revenue creates unit economics that have supported consistent SBA lending activity tracked through PeerSense, with approval patterns reflecting institutional confidence in the PrimoHoagies business model and the brand's growing national recognition.

The growth trajectory of PrimoHoagies has accelerated dramatically as three consecutive USA Today Best Sandwich Shop awards have elevated the brand from a beloved Philadelphia-area institution into a nationally recognized franchise opportunity. With more than 118 locations and expansion into new markets beyond the brand's Northeastern stronghold, PrimoHoagies is positioned for significant geographic growth. The brand's ranking on the Franchise Times Top 400 list at No. 333 reflects its growing system-wide revenue and unit count. Multi-unit franchise development has become a major growth driver, with experienced restaurant operators recognizing the brand's premium positioning, strong unit economics, and the natural competitive moat created by a nationally acclaimed product that competitors cannot easily replicate. The company's expansion strategy balances aggressive growth with the quality control needed to maintain the product standards that earned the brand its national reputation.

The ideal PrimoHoagies franchisee brings restaurant management experience or strong business acumen combined with a genuine appreciation for food quality and the customer experience. The company values franchise partners who understand that the brand's success is built on an uncompromising commitment to premium ingredients and generous portions, and who will maintain these standards even when cost pressures tempt shortcuts. Strong local marketing skills, community engagement, and the ability to develop catering relationships with local businesses are essential for maximizing revenue potential. Multi-unit operators are actively sought as the brand accelerates its national expansion, with development agreements available in markets across the country for qualified candidates.

PeerSense provides comprehensive franchise intelligence for PrimoHoagies and thousands of other franchise brands, empowering prospective investors with the data-driven insights essential for making informed investment decisions. Through detailed analysis of SBA lending patterns, financial performance metrics, unit growth trends, and competitive positioning within the sandwich and quick-service restaurant franchise sector, PeerSense helps investors evaluate franchise opportunities with the analytical rigor that institutional lenders apply to loan approvals. Whether you are comparing PrimoHoagies against other sandwich franchise concepts, analyzing market demographics and territory availability, or assessing the brand's exceptional national recognition relative to industry benchmarks, PeerSense delivers the transparent, actionable intelligence that separates confident franchise investors from those navigating the process without adequate data. Explore the full PrimoHoagies franchise profile, review lending trends, and connect with financing resources designed to help qualified candidates move from research to ownership with clarity and confidence.

FPI Score

80/100

SBA Default Rate

7.5%

Active Lenders

33

Key Highlights

Low SBA default rate (7.5%)
Item 19 financial data disclosed
Growing lender activity

Data Insights

Key performance metrics for PrimoHoagies based on SBA lending data

SBA Default Rate

7.5%

5 of 67 loans charged off

SBA Loan Volume

67 loans

Across 33 lenders

Lender Diversity

33 lenders

Avg 2.0 loans per lender

Investment Tier

Significant investment

$382,025 – $668,178 total

Payment Estimator

Loan Amount$306K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$3,955

Principal & Interest only

Locations

PrimoHoagiesunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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PrimoHoagies