Subway

Subs, salads

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About

Founded

1965

Franchising Since

1974 (45 Years)

Corporate Address

325 Sub Wy.
Milford, CT 06461

CEO

Trevor Haynes

Parent Company

Doctor's Associates

Financial Requirements

Initial Investment ⓘ

$140,050 - $342,400

Net-worth Requirement ⓘ

$80,000 - $310,000

Liquid Cash Requirement ⓘ

$30,000 - $90,000

Ongoing Fees

Initial Franchise Fee ⓘ

$15,000 - $15,000

Ongoing Royalty Fee

Ad Royalty Fee

4.5%

Financing Options

Subway offers in-house financing to cover the following: franchise fee, equipment

Subway has relationships with third-party sources which offer financing to cover the following:  franchise fee, startup costs, equipment, inventory

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

Support Options

Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

20 hours

Classroom Training:

80 hours

Additional Training:

Training available in Australia, China, Germany, India, Montreal, Canada & Miami

Absentee Ownership Allowed

Number of Employees Required to Run:

8 - 12

Subway is ranked #125 in the Franchise 500!

Bio

In 1965, 17-year-old Fred DeLuca and family friend Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut. With a loan from Buck for only $1,000, DeLuca hoped the tiny sandwich shop would earn enough to put him through college. After struggling through the first few years, the founders changed the company's name to Subway and began franchising in 1974. Subway has franchises throughout the United States and in 98 countries, with locations in traditional and nontraditional sites alike.

Cost

Initial Investment: Low - $140,050 High - $342,400

Units

-4.9%-2177 UNITS (1 Year) -3.4%-1485 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 14th, 2019

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