
Subway
Subs, salads- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$140K - $342K
- Units as of 2019
-
41,600 7.2% over 3 years
Company Overview
About Subway
- Industry
- Food
- Related Categories
- Sandwiches
- Founded
- 1965
- Parent Company
- Doctor's Associates
- Leadership
- Trevor Haynes, CEO
Franchising Overview
- Franchising Since
- 1974 (48 years)
- # of employees at HQ
- 975
- # of Units
- 41,600 (as of 2019)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Subway franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $15,000
- Initial Investment
- $140,050 - $342,400
- Net Worth Requirement
- $80,000 - $310,000
- Cash Requirement
- $30,000 - $90,000
- Veteran Incentives
- Franchise fee waived if opening on a military/government location; 50% off franchise fee if opening on non-government location but receiving government financing
- Royalty Fee
- 8%
- Ad Royalty Fee
- 4.5%
- Term of Agreement
- 20 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Subway offers in-house financing to cover the following: franchise fee, equipment
- Third Party Financing
- Subway has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 20 hours
- Classroom Training
- 80 hours
- Additional Training
- Training available in Australia, China, Germany, India, Montreal, Canada & Miami
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingMarketing Planning & SupportSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 8-12
- Are exclusive territories available?
- No
Work with our free FranCoach and get what you need to start a Subway franchise.
Franchise 500 Ranking History
Compare where Subway landed on this year’s Franchise 500 Ranking versus previous years.
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