Food
Subway
World’s largest submarine sandwich chain, offering made-to-order subs.
Business overview
Subway has over 40,000 locations globally, making it the largest sandwich franchise. It features a relatively low franchise fee of $15,000 and an initial investment from about $140,000 up to $340,000. Financial requirements include $80,000–$310,000 net worth and $30,000–$90,000 liquid capital. Ongoing royalties are 8% of gross sales, and marketing fees are about 4.5%. Subway’s affordable menu and recognizable brand have helped it expand to tens of thousands of franchised units.
Research factors
Detailed questionnaire data has not yet been independently reviewed for this franchise.