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Silver Mine Subs

Silver Mine Subs

Franchising since 1996 · 7 locations

The total investment to open a Silver Mine Subs franchise ranges from $72,000 - $510,000. The initial franchise fee is $20,000. Ongoing royalties are 6% plus a 4% advertising fee. Silver Mine Subs currently operates 7 locations (7 franchised). The top SBA 7(a) lenders for Silver Mine Subs are KeyBank, BMO Bank and Pinnacle Bank-Wyoming. PeerSense FPI health score: 27/100.

Investment

$72,000 - $510,000

Franchise Fee

$20,000

Total Units

7

7 franchised

FPI Score
Medium
27

Proprietary PeerSense metric

Limited
Capital Partners
5lenders available

Active capital sources verified for Silver Mine Subs financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
27out of 100
Limited

SBA Lending Performance

SBA Default Rate

14.3%

1 of 7 loans charged off

SBA Loans

7

Total Volume

$1.3M

Active Lenders

5

States

3

Top SBA Lenders for Silver Mine Subs

What is the Silver Mine Subs franchise?

Silver Mine Subs represents a distinct and compelling presence within the highly competitive Limited-Service Restaurant sector, offering a unique brand identity rooted in its Fort Collins, CO headquarters. With a current footprint of six total units, the Silver Mine Subs franchise has cultivated a specialized niche, distinguishing itself through an approach that likely combines classic menu offerings with a memorable theme that resonates with its customer base. The genesis of Silver Mine Subs, though not explicitly dated in its earliest moments, clearly emerged from a vision to provide quality, convenience, and a distinctive dining experience, a common thread among successful ventures in the quick-service food industry. This foundational concept, nurtured in its Colorado home, speaks to an entrepreneurial spirit focused on developing a repeatable and appealing model. The limited-service restaurant category thrives on efficiency, speed, and consistent product delivery, and the Silver Mine Subs franchise is designed to excel in these crucial areas. Its market position is likely defined by a commitment to fresh ingredients, a streamlined ordering process, and a welcoming atmosphere that encourages repeat patronage, all hallmarks of well-regarded establishments in the sub sandwich segment. The branding, incorporating the "mine" theme, suggests an emphasis on discovery, richness, and perhaps even a nod to hearty, substantial offerings that appeal to a broad demographic seeking satisfying meals on the go or for convenient delivery. This strategic branding not only creates a memorable identity but also provides a versatile foundation for marketing and customer engagement, setting this brand apart in a crowded marketplace where differentiation is key to sustained success and expansion. The careful development of its initial six units suggests a methodical approach to growth, ensuring that the core values and operational integrity

FPI Score

27/100

SBA Default Rate

14.3%

Active Lenders

5

Key Highlights

Data Insights

Key performance metrics for Silver Mine Subs based on SBA lending data

SBA Default Rate

14.3%

1 of 7 loans charged off

SBA Loan Volume

7 loans

Across 5 lenders

Lender Diversity

5 lenders

Avg 1.4 loans per lender

Investment Tier

Mid-range investment

$72,000 – $510,000 total

Silver Mine Subs — Deep SBA Data

Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2007

2 approvals — best year on record for Silver Mine Subs.

Top SBA State

Colorado

6 SBA-financed Silver Mine Subs locations — the densest operator footprint.

Average Loan Size

$225K

Median $142K — use as a sizing anchor when modeling your own $Silver Mine Subs unit.

Lender Concentration

66.7%

Concentrated

Share of Silver Mine Subs approvals captured by the top 3 SBA lenders.

Silver Mine Subs's SBA lending pipeline peaked in 2007 (2 approvals). The last five fiscal years account for 14% of cumulative volume ($550K approved). Operator density is highest in Colorado with 6 SBA-financed locations. Average funded ticket sits at $225K, with the median at $142K. Lender mix is concentrated: the top three SBA lenders account for 66.7% of approvals — credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$58K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$745

Principal & Interest only

Locations

Silver Mine Subsunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Silver Mine Subs