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  Home  >>  Fast Food Restaurants  >>  Sub Shops




Subway Restaurants
325 Bic Dr.
Milford, CT 06460-3072


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Business Description

For more than 40 years, SUBWAY RESTAURANTS has been offering entrepreneurs an opportunity to build and succeed in their own business through a proven, well-structured franchise system. SUBWAY is the world's largest submarine sandwich franchise and the largest restauarant chain in N. America. In 2006, Entrepreneur Magazine again chose SUBWAY as the overall number one franchise opportunity, making it the 14th time in the past 18 years. Over 25,000 independently-owned and operated location in 83 countries.

Franchisor Background

Year Established:  1965

Franchising Since:  1974

Operating Units:

Franchised Units:

25,988

100%
Company-Owned Units:10%
 
Total Operating Units:
25,989
100.0%
 
Geographic Distribution:
U.S.:20,16077.6%In 50 States
Canada:28.3%In 12 Canadian Provinces
International:3,67814.2%In 0 Foreign Countries
 
Total:
25,989
100.1.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California0
2. Florida0
3. Texas0

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $Not Required
Cash Investment:$Not Required
Total Investment:$92-222K
Average Total Investment:$157K
 
Fees:
Initial Franchise Fee:$15K (10K Intl.)
Average Franchise Fee:$15K
On-Going Royalty:8%
Average Royalty:8%
Advertising Fee:4.5%
 
Average Number of Employees: 2-3 Full-time, 6-10 Part-time

Space Needs (in square footage): 300-2,000

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites: C-Store

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:3
Formal Education:4
Psychological Profile:3
Personal Interview(s):3
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?Yes, for 20 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 700
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Milford, CT2 Weeks
2. Miami, FL2 Weeks
3. Montreal, PQ2 Weeks
 
Expansion Plans
 
Projected New Units Over Next 12 months: 1,000+

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from Subway Restaurants.