In 1965, a little sub shop called Pete's Super Submarines opened in Bridgeport Connecticut. Then in 1974, Founders changed their name to Subway and began franchising. Today, Subway is the world's largest submarine sandwich restaurant serving hot and toasted subs, salads, wraps, and a kids menu. They also cater. Subway has been chosen as the number one franchise opportunity in North America several times by Entrepreneur magazine Franchise 500 rankings.
Subway has franchise locations throughout the United States, Canada, and can also be found in Australia and Japan an in several other countries, with locations in traditional and non traditional sites alike. Subway offers a fresh healthy alternative to fast-food restaurants.
Related Franchise Categories
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Subs & Sandwiches Franchises
Franchising Tips and Facts
Ongoing advertising and marketing programs help to ensure that Subway franchises continue to grow, and remain strong. If the Subway franchise system is successful in promoting their brand, and it leaves a positive impact on the customer. This should mean more sales for you as a franchisee.
Investing in a Subway Franchise can be one of the most critical decisions you will ever make. The challenges are enormous physically and emotionally. Even finalizing a decision to own one's own business is daunting in itself. Many budding entrepreneurs cop out early into the decision making process. Many times, individuals wanting to strike out on their own were never responsible overall for: sales, marketing, human resources, customer service, quality assurance, operations, legal compliance, accounting, and much more. When owning a business, including a Subway franchise many of those roles will often be carried out on a daily basis.
Most franchisors provide training, support, operations manuals, site selection, quality demographics, store design, construction programs, reduced cost of equipment, national purchasing power (things that typically an independent has no background to do his own successfully). Before investing your money in a Subway Franchise, be sure you are clear on the terms of your agreement with the franchisor. Ask what is included in the franchise fees, and what is extra.
Financing a Subway franchise will most likely be easier than trying to finance a new start-up company. Banks are sometimes more likely to lend money to buy a franchise with a good reputation and a proven track record. If you'll need to finance your purchase, ask your bank if it will consider a loan for a Subway franchise before you go through the whole screening process.
If you notice high pressure being used during a sales presentation, especially attempts to get you to sign up now, beware. The FTC rule requires at least 10 business days between getting the disclosure documents and paying or signing any agreements.
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