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How much does it cost to open a Subway restaurant?

How much does it cost to open a Subway restaurant?

Subway is one of the cheapest major fast-food restaurants to franchise. Subway’s fee for becoming a franchisee is $US15,000, and startup costs, which include construction and equipment leasing expenses, range from $US116,000 to $US263,000, according to the company.

What do you have to do to get a Subway franchise?

To buy a franchise with Subway®, you’ll need to have at least $40,000 in liquid capital and a net worth of $80,000 – $310,000. Franchisees can expect to make a total investment of $150,050 – $328,700. Subway® charges a franchise fee of $15,000. They also offer financing via 3rd party.

What is the parent company of Subway?

Doctor’s Associates, Inc.
Subway/Parent organizations
Subway was founded by a 17-year-old. At the time, he had hoped that starting the restaurant would help him pay for his college and medical school bills. (This is why Subway’s parent company is called Doctor’s Associates Inc.

How do you start a Subway business?

Subway estimates a store can be started for as low as $78,000.

  1. Request a Subway franchise kit through the website.
  2. Secure financing.
  3. Submit a franchise application.
  4. Finalize the franchise agreement.
  5. Attend training.
  6. Find a location.
  7. Apply for permits and licenses.
  8. Organize the store layout.

Is it worth owning a Subway franchise?

The Bottom Line. With the benefits of an established business, low startup costs, and parent company support, a Subway franchise is a good option for entrepreneurs interested in opening a franchise business.

What country owns Subway?

U.S.
U.S. US$10.2 billion (U.S.) Subway is an American multi-national fast food restaurant franchise that primarily sells submarine sandwiches (subs), wraps, salads and beverages. Subway was founded by 17 year old Fred DeLuca and financed by Peter Buck in 1965 as Pete’s Super Submarines in Bridgeport, Connecticut.

Can you use subway MyWay rewards on gift cards?

Subway MyWay® Rewards available at participating restaurants. For catering, earn tokens on in-restaurant orders only. Tokens may not be earned on purchases of gift cards. App ordering and online ordering available at participating restaurants.

Can you specify what kind of fountain drink you want at subway?

There’s no way to specify what kind of fountain drink you want if you add it as a stand-alone item (can only specify if it’s part of a meal). As a result, I have to use the special request section to correct my order since it isn’t accurate and even then I just end up having to grab everything myself when I get to the store.

What can I do with the new subway app?

Eating fresh just got a whole lot better with the new Subway app. ● Customize Your Way: Like extra cheese? Us too. Build your own Footlong just like you do in the restaurant. Swap your condiments, pick your toppings, or toast your bread — the opportunities are endless. ● Find Rewards: Join MyWay and earn every time you order.

How to get your last order at subway?

Get your last order in a single tap, right from the dashboard. ● Get Fresh Fast: Choose Pick Up, Curbside, or delivery. What are you waiting for? The latest update enables the ability to select a location after viewing a deal, improvements to customization, and other bug fixes to make ordering your favorite Footlong even easier.

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