as required for Public Notices per section 50.011 (1)(e), F.S. 'cag[related_related]' : 'Economy|World Economy|How I Made My Millions|Corporate Leaders|Small Business|Personal Finance' , That was followed by media interviews and tours. fetch('https://geo.cnbc.com/info/').then(res => res.json()).then(result => { We have one of the best CEOs in the industry, Sorensen said. Firehouse Subshas been called the "anti-Subway"because of its unapologetic hefty sandwiches. The founders were inspired by Hurricane Katrina, 9. Chris Sorensen, co-founder, Firehouse Subs As former firefighters, brothers Robin and Chris Sorensen know that quality and quantity are both important when it comes to a sandwich. By clicking Sign up, you agree to receive marketing emails from Insider Chris Sorensen is 61. All of our time and resources were poured into the business, and we relied heavily on our immediate family members to provide the loyal manpower we needed to make the restaurant a success during the early years. Founded in 1994 by former firefighters and brothers Chris Sorensen and Robin Sorensen in Jacksonville, Firehouse Subs has more than 1,100 locations in 46 states. }; 'cag[template]' : 'story_simple' , "Frugality was a big part of it, and we wouldn't be here today if it wasn't for the early years and how we managed our money," Robin said. In fact, in an interview, Robin and Chris Sorensen had $100. For all those who aspire to follow in our footsteps, the key to doing this is the same. Firehouse Subs sold to company that owns Popeyes and Burger King for $1 Chris and I didnt know this was happening until the past five to six weeks, Sorensen said. The Firehouse Subs franchise was founded in 1994 and began franchising in 1995. mps._adsheld = []; as well as other partner offers and accept our, was named thesecondfastest-growing franchise, NOW WATCH: The top CMOs in the world share the campaigns they wish they had thought of. It was founded in 1994 by former firefighter brothers Chris and Robin Sorensen. If the town firehouse has a mascot, youll no doubt see it represented in the mural along with other distinctions. As Firehouse grew, the Sorensens hired veteran restaurant operator Don Fox in 2003, promoting him to COO in 2005 and CEO in 2009. This is because they want to provide the highest quality sandwiches and they dont want to deviate from a formula that is working. As per our analysis, a 26% adjusted EBITDA margin is in line with similar franchises (~25-27% industry average). Top editors give you the stories you want delivered right to your inbox each weekday.