Subway Franchise Cost

Are you considering a

Subway franchise

and need to know the cost involved?  When considering any franchise there is the cost to factor in.  Initially there is a $15,000 franchise fee, with the total investment being as little as $78,600, but these costs do vary, going up from here.  The costs are also dependent on what country your are opening a Subway.  If you do not have the total amount needed to start a Subway, there are loans that may be available to help you get started.  With any franchise, proper planning and being prepared for anything additional costs are key to owning and operating any successful business.

Below is an average breakdown for the start up of a Subway in US and Canada (Canada was a little less but at least you get an idea):

As you can see there are a lot of bases to be covered when opening a Subway franchise.  This is a good average to have on hand to get started since it takes approximately 7 months to open a Subway franchise so it will be a while before you are able to recoup any of your investment.

If you are interested to get things started, here are the 7 steps to get started opening a Subway:

1 Get a franchise kit (its free)
2 Submit a franchise application
3 Review the disclosure document
4 Application approved
5 Attend training
6 Secure a location
7 Build your store

It sounds simple?  Well it can be.  What you will have to really sit down and think about is if you are an entrepreneur at heart that is willing to out on your own to open up a franchise.  You will also have to interact well with people, after all that is how you will be making money.  There will be a lot to learn in order to be successful, such the equipment need, how to use it and how to care for it so it will last longer.

Subway has a great deal of training that you will go through since although you will own your franchise, you will represent the bigger picture, Subway.  They want to make sure you are ready to get started without a hitch.  Another thing to think about is if you plan to work in your Subway or will you be an absentee owner?  If you are not there, then that will cut from your profits since you will have to pay someone else.  So with the proper training, a lot of enthusiasm and a great location, even with the Subway franchise cost, it can be well worth the investment.

Subway Franchise Cost – Why Subway?

Right now

Subway Franchise

is the number one franchise and is the worlds largest restaurant chain.  With over 34,000 restaurants world wide, they are certainly doing something right.  It is also one of the most recognized brands in the world advertising easy to assembly sandwiches and are very healthy.  There is a reason they have pulled ahead, they have repeat customers.

As with many business, Subway has had its ups and downs but then there was a lull in sales, the Subway team pulled together for some creative advertisement.  Namely Jarad Fogle.  They had one of the most successful ad campaigns ever with the original cast member from Biggest Loser, Jarad told his story about how much weight he lost eating only Subway sandwiches.  To this day he has quite a following with his journey to lose weight and keep it off.  After Jarad came the $5.00 foot long sandwich where you can get a twelve inch sandwich fully loaded for $5.00.  Both of these campaigns caught on quickly and the sales started ringing in.

With there being so many people overweight, having a healthy alternative available by offering fresh ingredients in a fast food when many other food chains have just about everything fried.  With Subway being different, focusing on a healthy meal, made them stand out among the rest.  Having a healthier sandwich or salad has made it easier for the franchise to flourish as well.  Subway believes in engaging the customer since you just don’t just walk in and say I want a number four, because even if you did, it would be followed by, “What type of roll and what would you like on it?”  Another plus is that your sandwich is prepared right in front of you so there are no hidden ingredients.

Having a Subway franchise is a win win situation since they offer training and look out for their franchisees.  Most Subway franchises are owned by people who really believe they will be successful business owners that want either want a sound investment or to work for themselves.  Plus this is not an overly complicated business, making Subway an excellent choice for a franchise.

Subway Franchise Income

To see the benefits of

Subway Franchise Income

, you will need to have liquid cash or an excellent business plan in order to apply for a loan.  It would also be extremely helpful to have some business experience.  Even though there is training, any prior experience is a plus.  They also have trade shows and seminars throughout the year all over the world so attending at least one will give you some ideal of what you are getting yourself into.

You also have an option to start one yourself or buy an existing Subway.  In either case, research is needed to get an idea how your Subway will do.  Also to be explored is your competition in the area.  Are there other restaurants, what type, fast food or site down type restaurants, what type of industry is around, accessible parking or a convenient walk.  As you can see there is a lot to investigate.  But if you want franchise income, the extra legwork is certainly worth it.

So if you want to open a Subway franchise and want to know what type of income you can make, well the answer may surprise you.  Location, Location, Location.  If you are in a so so location, your annual income can be approximately 60k, again this is an estimate.  In an excellent location that amount could be upwards of 500k plus.

Why consider a Subway franchise?  There are a few reasons.

- No cooking major cooking – baking bread and heating
- Hands on training and support from Subway
- Relatively low start up costs
- You own your own business
- Lowest failure rate

Another thing to consider with Subway, they offer what is considered a non traditional location.  You may be wondering what exactly that is, well it is a more flexible floor plan that will fit just about anywhere worldwide.  They types of non traditional locations include such places as airports, colleges – universities and school lunch programs, military facilities, within convenience stores, rest areas, casinos, rail and bus terminals, parks, hotels, zoos, stadiums, arenas, and department stores.  As you can see with all the options available, you can make a good income owning a Subway franchise with commitment, hard work and a great location.