Tubby's Sub Shop
6 locations
The total investment to open a Tubby's Sub Shop franchise ranges from $100,000 - $193,000. Tubby's Sub Shop currently operates 6 locations (6 franchised). The top SBA 7(a) lenders for Tubby's Sub Shop are The Huntington National Bank, Comerica Bank and Oakland County Business Financ. PeerSense FPI health score: 29/100.
$100,000 - $193,000
6
6 franchised
Proprietary PeerSense metric
LimitedActive capital sources verified for Tubby's Sub Shop 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)
SBA Lending Performance
SBA Default Rate
11.1%
1 of 9 loans charged off
SBA Loans
9
Total Volume
$1.4M
Active Lenders
6
States
1
Top SBA Lenders for Tubby's Sub Shop
What is the Tubby's Sub Shop franchise?
Tubbys Sub Shop franchise presents a compelling opportunity within the vibrant quick-service restaurant segment, distinguished by its dedication to crafting fresh, flavorful subs and cultivating a loyal customer base. Rooted in Shelby Township, Michigan, Tubbys Sub Shop has established a foundation built upon quality ingredients and a commitment to customer satisfaction, a hallmark of successful local and regional food concepts. With a current footprint of five strategically located units, the Tubbys Sub Shop franchise operates as a focused entity, allowing for concentrated support and a personalized approach to brand development and operational excellence across its network. The core offering of a diverse menu of subs, often prepared to order with fresh bread, crisp vegetables, and premium meats, positions Tubbys Sub Shop in a highly competitive yet consistently in-demand market niche. Consumers increasingly seek convenient, customizable meal options that do not compromise on taste or perceived value, and the sub shop model inherently addresses these preferences. The brand's journey from its Michigan origins reflects a deliberate and measured expansion, suggesting a focus on solidifying operational models and ensuring brand integrity before broader market penetration. This considered growth strategy can be particularly appealing to prospective franchisees who desire a hands-on relationship with a franchisor and an opportunity to contribute to the brand's evolving narrative. The appeal of a Tubbys Sub Shop franchise lies not only in its product but also in the potential for community integration, becoming a go-to spot for daily lunches, family dinners, and catering needs within local neighborhoods. This localized presence, supported by a distinct brand identity cultivated from its Shelby Township headquarters, allows each Tubbys Sub Shop franchise location to foster deep roots and become
FPI Score
29/100
SBA Default Rate
11.1%
Active Lenders
6
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Tubby's Sub Shop based on SBA lending data
SBA Default Rate
11.1%
1 of 9 loans charged off
SBA Loan Volume
9 loans
Across 6 lenders
Lender Diversity
6 lenders
Avg 1.5 loans per lender
Investment Tier
Mid-range investment
$100,000 – $193,000 total
Tubby's Sub Shop — 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
2012
3 approvals — best year on record for Tubby's Sub Shop.
Top SBA State
Michigan
9 SBA-financed Tubby's Sub Shop locations — the densest operator footprint.
Average Loan Size
$154K
Median $156K — use as a sizing anchor when modeling your own $Tubby's Sub Shop unit.
Lender Concentration
66.7%
Concentrated
Share of Tubby's Sub Shop approvals captured by the top 3 SBA lenders.
Tubby's Sub Shop's SBA lending pipeline peaked in 2012 (3 approvals). Operator density is highest in Michigan with 9 SBA-financed locations. Average funded ticket sits at $154K, with the median at $156K. 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
Estimated Monthly Payment
$1,035
Principal & Interest only
Locations
Tubby's Sub Shop — unit breakdown
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