Subway is the world's largest submarine sandwich chain. The company has more than 40,000 locations globally. Its becoming ta leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. From the beginning, Fred DeLuca has had a clear vision for the future of the Subway brand. As the company continues continue to grow, franchisees are guided by his passion for delighting customers by serving fresh, delicious, sandwiches made-to-order right in front of all customers.
The franchisor is Doctor Associates LLC., who offers qualified franchisors the right to establish and operate, from a single location or a retail establishment preparing and selling foot-long, six-inch, flat bread, and specialty sandwiches, salads and other food items. Franchisees do not receive any exclusive territories. The estimated financial range for setting up and operating a Subway restaurant for the first three months ranges between $100,050 and $342,400. This financial range depends on the location type. The business has two types of franchises: traditional and non-traditional.
Traditional locations are full-service restaurants where the only purpose is the operation of a Subway restaurant with a full menu. On the other hand. non-traditional locations are also full-service, but are housed with another business. Examples of non-traditional locations include: convenience stores, gasoline stations, highway rest stops, department stores, hospitals, parks, universities, schools, sports arenas, convention centers, airports, theme parks, national parks, bus and railroad terminals, military bases, business complexes, assisted living/nursing homes, and other similar locations. Look at Subway's item 19 in its FDD to get full financial information.