Next factor that you should consider is the real property. The restaurant charges an initial 15 000 franchisee fee but this does not include any of the other startup costs such as purchasing real estate constructing a building leasing equipment purchasing initial inventory landscaping and signage.
A liquid cash requirement is also typically involved with opening a franchise and the requirement for a subway franchisee ranges from 30 000 to 90 000.
How much money to start a subway franchise. And here is the breakdown of the startup cost. Complete the subway franchise application. The first step to owning a franchise is completing the subway franchise application on the company s.
It usually takes anywhere from 115 000 to 220 000 to start a subway franchise. To be eligible to purchase a subway franchise a person must have a minimum net worth of 80 000 and at least 30 000 in liquid assets. And the cost of the franchising fee of subway.
Upon gaining site approval and passing the. For subway and most franchises the franchise fee is due in full when the franchise agreement is signed. The 15 000 franchise fee an initial licensing fee paid to subway via investopedia.
As noted in the chart above the standard subway franchise fee is 15 000. The total cost of opening a subway is estimated at 150 000 to 300 000. Get the food and equipment.
Subway is one of the cheapest major fast food restaurants to franchise. Become a part of the subway family by owning a restaurant franchise. Their licensing fee is at 15 000 much cheaper than other popular food brands like mcdonald s.
This fee covers the cost of using the subway name and is generally non refundable. Occasionally with larger restaurants the cost can run up to 250 000. However exceptions do apply.
View available subway franchises for sale and learn about the next steps to owning your future. At the lower end you will have to spend around 2 000. Due at the time of signing the franchise agreement according to franchise direct this fee grants the new business owner access to subway s trademark operating system and training.
The first factor that you should consider is the subway franchise cost. One of the first expenses is the initial franchise fee of 15 000. Though one cost is pretty much set in stone.
In comparison subway franchises are much more affordable to the average small business owners in the united states. Subway s fee for becoming a franchisee is 15 000 and startup costs which include construction and equipment leasing expenses range from 105 800 to 393 600 according to the company. Subway currently offers a discount of the franchise fee for qualified us veterans who purchase a franchise.
How to start a subway franchise.