When you purchase your own Subway franchise location, you gain access to several business benefits, such as an intensive two-week training program at their world headquarters.
If you want to open a Subway franchise, you need a minimum capital of between $80,000 and $310,000. In other words, you need to demonstrate that you have this money to give them the assurance that you have the necessary capital to face the investment or to request financing.
You must also pay a $15,000 franchise fee to have the rights to operate under the Subway brand.
The estimated total cost of a Subway franchise location is estimated to be between $102,000 and $263,000 for each location.
This cost can vary by a number of factors, including location, remodel fees, site upgrades, equipment, hiring costs, and more.
You also have to pay royalties and advertising fees, which are 12.5% of the profit. This is split with 8% going as Subway franchise royalty fees and 4.5% going in marketing costs.
In most cases, they are paid for or charged at a monthly rate and are based on income per location.
When you purchase your own Subway franchise location, you gain access to several business benefits.
This includes an intensive two-week training program at their world headquarters (located in the northeastern part of the United States), ongoing support from the franchise brand itself, and more.