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Rates
Sub Station II

Sub Station II

Franchising since 1975 · 7 locations

The total investment to open a Sub Station II franchise ranges from $188,500 - $357,000. The initial franchise fee is $20,000. Ongoing royalties are 5% plus a 2% advertising fee. Sub Station II currently operates 7 locations (7 franchised). PeerSense FPI health score: 29/100.

Investment

$188,500 - $357,000

Franchise Fee

$20,000

Total Units

7

7 franchised

FPI Score
Medium
29
SBA Lending
0
Lender Quality
9
Transparency
3
Reach
5
Momentum
12

Proprietary PeerSense metric

Limited
Capital Partners
7lenders available

Active capital sources verified for Sub Station II financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
29out of 100
Limited
Market Momentum12/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety0/25

Blended default rate (recent + all-time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency3/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint5/10

Geographic spread of SBA-funded locations across states.

SBA Lending Performance

SBA Default Rate

42.9%

vs 10.3% peer avg

SBA Loans

7

Total Volume

$0.6M

Active Lenders

7

2 selective

States

5

vs. SBA Sector Average

-32.6%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

SBA Lending Activity for Sub Station II

What is the Sub Station II franchise?

The Sub Station Ii Inc Sub Station Ii franchise stands as an active participant within the highly dynamic and ever-evolving limited-service restaurant industry, a sector characterized by its rapid pace, continuous innovation, and pervasive consumer demand for convenience, quality, and value. Operating with a modest footprint of 4 total units, the Sub Station Ii Inc Sub Station Ii franchise represents an emerging or regionally focused entity, navigating a vast competitive landscape that encompasses numerous established brands and burgeoning concepts. The FPI Score of 29 provides an initial quantitative snapshot of the Sub Station Ii Inc Sub Station Ii franchise's standing within independent franchise evaluation metrics, offering prospective investors a foundational data point for comparison and further due diligence. In the contemporary food service environment, the brand story of a limited-service restaurant concept is integral to establishing market resonance and fostering consumer loyalty, often revolving around core values such as fresh ingredients, unique flavor profiles, or a commitment to community engagement. While specific historical narratives for the Sub Station Ii Inc Sub Station Ii franchise are not extensively delineated in publicly available records, the very existence of a franchise system, even at its current scale of 4 units, underscores a foundational business model deemed replicable and possessing growth potential. The market position of a limited-service restaurant is critical, often determined by factors such as menu differentiation, operational efficiency, pricing strategy, and geographic placement. For the Sub Station Ii Inc Sub Station Ii franchise, as with any brand in this category, strategic positioning involves identifying and catering to specific consumer preferences, whether that be through offering healthful options, indulgent treats, or quick

FPI Score

29/100

SBA Default Rate

42.9%

Active Lenders

7

Key Highlights

Data Insights

Key performance metrics for Sub Station II based on SBA lending data

SBA Default Rate

42.9%

32.6% above peer avg

SBA Loan Volume

7 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 1.0 loans per lender

Investment Tier

Mid-range investment

$188,500 – $357,000 total

Payment Estimator

Loan Amount$151K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,951

Principal & Interest only

Indicative only, as of August 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense does not lend and does not set pricing. What these terms mean.

Locations

Sub Station II, unit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Sub Station II