
Subway
Subs, salads- Units as of 2019
-
41,600 (3230 lost in 3 years)7.8%
- 2021 Franchise 500 Rank
-
N/R Ranked #107 last year
- Initial investment
-
$140K - $342K
Company Overview
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About Subway
- Industry
- Food
- Related Categories
- Sandwiches
- Founded
- 1965
- Parent Company
- Doctor's Associates
- Leadership
- Trevor Haynes, CEO
Franchising Overview
- Franchising Since
- 1974 (47 years)
- # of employees at HQ
- 975
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees worldwide.
- # of Units
- 41,600 (as of 2019)
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
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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: 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?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 8
- Are exclusive territories available?
- No
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Franchise 500 Ranking History
Compare where Subway landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Subway ranked on other franchise lists? Find out below.
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