Are you interested in owning a Subway franchise? If so, then you’ve come to the right place. It’s important to do your due diligence when it comes to franchising because it can be a significant personal and financial investment. Below, you’ll find answers to some of the most commonly asked questions about Subway franchise ownership.
What Is Subway Franchise?
Subway is a chain of sandwich shops that offers an array of sandwich, salad, and wrap options. The retailer is popular with a wide range of people, including children, business people, and college students. Subway is one of the largest restaurant franchises in the world, with more than 40,000 locations in over 100 countries.
What Does Subway Franchise Cost?
The cost of owning a Subway franchise depends on several factors, such as location, size of the franchise, and the condition of the property. Generally speaking, franchisees are required to make a one-time investment of $15,000 to $30,000. In addition, you’ll need to pay ongoing royalties, advertising fees, and other franchise and store-related expenses.
What Are Subway Franchise Opportunities?
Subway franchise opportunities range from single-location franchises to multi-store franchises. The company offers a variety of options, including traditional subway shops, franchise locations at airports, and franchise locations at universities.
How Can You Qualify for a Subway Franchise?
To qualify for a Subway franchise, you must meet certain criteria. Franchisees must have a minimum net worth of at least $80,000, a minimum liquid asset of $30,000, and a minimum credit score of 650. In addition, Subway is looking for individuals with business experience.
What Are the Benefits of Owning a Subway Franchise?
One of the primary benefits of owning a Subway franchise is the potential to make a healthy profit. Franchisees are also able to benefit from the support and resources that Subway provides, such as access to advertising, marketing, and online ordering. Plus, franchisees get to enjoy additional advantages, such as a direct link to Subway’s global network of franchisees and customers.
Topics: Subway Franchise, Franchise Opportunities, Franchise Cost, Qualifying for Franchise