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Subway Franchise Owners Forum
Franchise Information for Successful Business Ownership
Subway franchise owners forum There are currently over 29,000 subway franchise owners forum located in over 85 different countries. It is unlikely that founder Fred DeLuca imagined having this many submarine sandwich shops back in 1965 when he opened his first location. The History of the Subway Franchise Fred DeLuca opened his first submarine sandwich shop in 1965 at the age of 17 with a $1,000 loan from partner (and family friend) Dr. Peter Buck. His first sandwich shop was named Pete’s Super Submarines. By 1974, the name had changed to Subway and the duo owned and operated 16 units throughout the state of Connecticut. Subway started franchising in 1974 with its first franchise unit in Wallingford, Connecticut. How Much Does It Cost? The estimated total investment to open a subway franchise owners forum in the United States is between $101,000 and $285,000. This includes the complete investment in setting up a Subway franchise, and also operating expenses for the first three months. After opening, franchisees pay a royalty fee, which is 8% of their overall gross sales. Training The Subway training course is 2 weeks and teaches business concepts, methods of operation and basic management skills. The time is spent in a classroom and on-site at a local Subway franchise for a "hands-on" experience. At the end of the two weeks, each potential franchisee must pass an exam in order to become a Subway franchisee. The franchisee is responsible for: • Initial franchise fee • Finding locations • Leasehold improvements and equipment • Hiring employees and operating restaurants • Paying 8% royalty to the company and a fee into the advertising fund The company provides: • Access to formulas and operational systems • Store design and equipment ordering guidance • Training program • Operations manual • Representative on-site during opening • Periodic evaluations and ongoing support • Informative publications Great food subway franchise owners forum "Sandwich Artists" create customers' sandwiches on a varied selection of daily baked gourmet breads. With the option of many ingredients, the sandwiches are customized with an array of meats, cheeses, vegetables, and lastly topped off with unique select sauces. • In addition, many food flavors are brought out by toasting the sandwiches to perfection, just the way a customer wants.
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