Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
4/10

Franchimp Summary Rating

4 /10
Higher than 69% of peers
6 /10
Lower than 49% of peers

Franchise Summary

Description
You will sell foot-long and other sandwiches, salads and other food items from a retail store.
Company Background
With more than 44,000 locations in 98 countries, Subway is one of the most recognized brands in world. We're a family-owned and operated business that has been serving freshly baked bread since 1965.
Franchise Opportunity
Owning and operating a Subway(R) franchise can be a very profitable business, but it is also a lot of work. Owning and operating a Subway(R) franchise can be a very profitable business, but it is also a lot of work. You will need to be able to manage your time well, as you will have to be responsible for ordering food and supplies, preparing food, cleaning the store, and managing employees. Subway(R) offers extensive training and support so that you can feel confident in running your own store. You will have access to online resources and manuals, as well as hands-on training from experienced Subway(R) operators.
Corporate Structure
DAI is a Florida corporation, incorporated on June 3, 1991 and does business as “SUBWAY”. DAI was originally formed as a Connecticut corporation, incorporated on October 17, 1967 as Doctor’s Associates, Inc and was moved from Connecticut to Florida on July I, 1991 by a Type F reorganization under Section 368 of the Internal Revenue Code. The address of DAI is 700 S. Royal Poinciana Blvd, STE 500, Miami Springs, FL 33166. DAI’s agents for service of process are disclosed in Exhibit!. As of December 31, 2012, there were 40,197 franchises sold, of which 26,313 are open and 1,203 in development. As of December 31, 20 12, there were 665 satellite franchises sold, of which 109 are open and 8 are in development. DAI offered plush toy business franchises from 1982 to 1983 but did not sell any. DAI has never offered franchises in any other line of business.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchisee Attrition

4 /10
This franchise's rate of attrition in 2021 of 7.12% was Slightly Higher than the 4% in the QSR industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Subway Franchisees

Subway Franchise System Development in 2021

FAQ

How much investment do I need to start my own Subway business?
Franchisees typically require at least $129,000 to $1,077,000 investment to get their Subway business started
What are the initial franchise fees for Subway?
Franchisees typically need to pay at least $20,000 in fees directly to Subway in order to earn the right to launch their business
How much money can I make with a Subway franchise? What are the average revenues for a typical Subway business?
We haven’t done the math on how much revenue a typical Subway brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $0 revenue, so we would expect Subway to generate a similar amount
How long do I need to commit to running a Subway unit? What is my contractual commitment?
Subway franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 20 years. You can of course exit early but don’t expect to get any refund!

Accessibility

6 /10
The Franchisor's investment costs ranges from $603,000 to $1,077,000 which is Much Lower than the $619,545 to $1,693,635 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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