What does a Subway franchise cost/make profit?

[Frog Dog]

I've been thinking lately that I'd like to run my own business. But would like the backup and business model that someone else has done the hard bit.

My town is quite big/busy and has loads of takeaways but no Subway. I live Subway.

I think a subway would prosper and do very well and have considered opening one but have absolutely no idea what it costs and whether (financially) it would be worthwhile?

I was a site manager for a Burger King for a good few years so have a lot of the training needed.

[RB Will]

http://wiki.answers.com/Q/How_much_does_a_subway_f...

Something like this? Need to adjust for new VAT rate

[offshorematt2]

http://www.subway.co.uk/business/franchise/financi...

Maybe better stick this in the Business Forum? Sure you'll get some good feedback in there.

[obob]

http://www.subway.co.uk/business/franchise/financi...

£10k for the franchise plus all the associated costs with getting the shop up to spec. Roughly £100kish.

Pretty much a guaranteed money maker if you're the only Subway in town. But you will need to check as someone may already have bought the franchise rights for your town and just be waiting for the right property to spring up.

[Blown2CV]

surprisingly little, however i understand there is some serious hoop jumping to prove you are on-side with their brand i.e. you can't just rock up with the cash hire a load of polskis and start one, you need to really 'live the values'

[Ayahuasca]

Depends whether they sell two six inchers for the price of a foot-long.

[Most Dope]

Ayahuasca said:

Depends whether they sell two six inchers for the price of a foot-long.

[CharlieHotel]

Ayahuasca said:

Depends whether they sell two six inchers for the price of a foot-long.

Hahahaha. So many laughs on that thread.

[anonymous-user]

obob said:

http://www.subway.co.uk/business/franchise/financi...

£10k for the franchise plus all the associated costs with getting the shop up to spec. Roughly £100kish.

Pretty much a guaranteed money maker if you're the only Subway in town. But you will need to check as someone may already have bought the franchise rights for your town and just be waiting for the right property to spring up.

I'm pretty sure there's no such thing as "franchise rights for your town". I looked into subway a few years ago and one of the things that put me off (apart from proicessed meat - yuk) was the proliferation of branches. I think it's one of those deals that if you got in early, say 10 years ago, you could do well. Now it's saturated. There is a PHer who has or had 5 or 6 around Harrogate who drove a Murcielago.

[ZOLLAR]

Ayahuasca said:

Depends whether they sell two six inchers for the price of a foot-long.

Good resurrection

[yorkieboy]

unrepentant said:

I'm pretty sure there's no such thing as "franchise rights for your town". I looked into subway a few years ago and one of the things that put me off (apart from proicessed meat - yuk) was the proliferation of branches. I think it's one of those deals that if you got in early, say 10 years ago, you could do well. Now it's saturated. There is a PHer who has or had 5 or 6 around Harrogate who drove a Murcielago.

Works for a car mag don't they?

[al1991]

yorkieboy said:

unrepentant said:

I'm pretty sure there's no such thing as "franchise rights for your town". I looked into subway a few years ago and one of the things that put me off (apart from proicessed meat - yuk) was the proliferation of branches. I think it's one of those deals that if you got in early, say 10 years ago, you could do well. Now it's saturated. There is a PHer who has or had 5 or 6 around Harrogate who drove a Murcielago.

Works for a car mag don't they?

I thought that was Simon George who owned 6th Gear Experience and I'm pretty certain he doesn't own the Subway shops any more.

[M400 NBL]

There's at least 3 in Slough!

So I doubt that Subway themselves with have an issue with potentailly making more from multiple sites/town, but could a council? Tesco seem to be able to open an express shop but everyone knows that it's not deemed fair to take away the publics choice.

Not that this will affect the OP if there are no Subways at the moment, i'm just curious if the same rules apply to fast food restaurants as they are supposed to to supermarkets?

[Jasandjules]

Surely the OP would, in negotiating with Subway, require a clause which prevents any other subways within say 5 miles of his store?

[Blown2CV]

Jasandjules said:

Surely the OP would, in negotiating with Subway, require a clause which prevents any other subways within say 5 miles of his store?

comes with the territory (pun) of it being a franchise

[Frog Dog]

The main problem here being that I don't have 100k+ around, or 50% of that, or 10% even.

Ah well.

[anonymous-user]

al1991 said:

yorkieboy said:

unrepentant said:

I'm pretty sure there's no such thing as "franchise rights for your town". I looked into subway a few years ago and one of the things that put me off (apart from proicessed meat - yuk) was the proliferation of branches. I think it's one of those deals that if you got in early, say 10 years ago, you could do well. Now it's saturated. There is a PHer who has or had 5 or 6 around Harrogate who drove a Murcielago.

Works for a car mag don't they?

I thought that was Simon George who owned 6th Gear Experience and I'm pretty certain he doesn't own the Subway shops any more.

That's the chap. He did have the Subways when he had the Murchi because he sometimes used it for delivery!

[anonymous-user]

Frog Dog said:

The main problem here being that I don't have 100k+ around, or 50% of that, or 10% even.

Ah well.

Any franchise is going to cost money Dog. Foodie ones cost more than some others because you need premises. There are a lot of good franchises that are vehicle based that are less expensive in terms of start up capital. IIRC there was a company that had a cornish pastie from a van franchise and the vans were decked out like surfers wagons. Perfect for you in Cornwall.

Loads of ideas here;

http://www.thebfa.org/

[Kinky]

Many very lengthy discussions on this subject before; including inputs from 1 PHer who has a Subway franchise (IIRC).

[mattdaniels]

Based on my recent experience of Subway you need a good pool of deaf jugglers to recruit your staff from, to ensure that the wrong subs arrive in the wrong order at the till as quickly as possible.