How much money do Subway franchise owners make?

How much money do Subway franchise owners make?

The average Subway franchise generates around $400,000 in revenue, with profit averaging around $41,000 per year.

Is it worth owning a Subway franchise?

The Bottom Line. With the benefits of an established business, low startup costs, and parent company support, a Subway franchise is a good option for entrepreneurs interested in opening a franchise business.

What does it take to own a Subway franchise?

To be eligible to purchase a Subway franchise, a person must have a minimum net worth of $80,000 and at least $30,000 in liquid assets.

How much do you make as a franchise owner?

The average franchise owner in the United States makes around $75,000 to $125,000 a year. That’s definitely much more than the average salary of a college undergraduate with less than five years of experience, or around $50,000.

How much does it cost to own a Subway franchise?

Subway is one of the cheapest major fast-food restaurants to franchise. Subway’s fee for becoming a franchisee is $15,000, and startup costs, which include construction and equipment leasing expenses, range from $116,000 to $263,000, according to the company.

What is subway royalty fee?

3. How much are the royalty and advertising fees? Subway® Franchisees pay 12.5\% every week (gross sales minus the sales tax); 8\% goes toward the franchise royalties and 4.5\% goes towards advertising.

How Much Is a Subway franchise worth?

Tim Boyle/Getty Images Subway is one of the cheapest major fast-food restaurants to franchise. To open one restaurant, the company requires that potential franchisees have liquid assets of at least $30,000 and a net worth of $80,000 to $310,000, according to Entrepreneur.

How long is Subway franchise training?

two weeks
Franchisees will spend two weeks training in a store and in a classroom setting. Subway requires their corporate team to spend at the minimum 70 hours with each new franchisee partaking in hands on training before, during and the few weeks after opening.

How Much Is a Subway franchise fee?

Subway is one of the cheapest restaurant chains to open — here’s a breakdown of all the costs. Subway is one of the cheapest restaurants to franchise. The company charges a $15,000 franchise fee, and startup costs range from $116,000 to $263,000.