1. Subway Franchise
Kaylie Means

2. Background
Subway was established in 1965 by 17-year-old Fred DeLuca and his friend Peter Buck.
Originally called Pete’s Super Submarines in Bridgeport, Connecticut.
With only a $1,000 loan from Buck, Fred hoped to earn enough to put himself through college.

3. Franchising
After struggling the first few years, the company’s name was changed to Subway and they began franchising in 1974.
They offered healthy, fresh alternatives to fast-food restaurants by providing salads, and healthy subs.

4. Franchise units
Subway has franchises throughout the U.S. and in 98 other countries.
Total of 37,003 locations
Year
U.S.
Canadian
International
2012
25,090
2,798
9,115
2011
24,722
2,717
8,481
2010
23,411
2,542
7,235
2009
22,525
2,436
6,484
2008
21,685
2,355
5,572

5. Franchise fee The franchising fee is $15,000.
The franchise term agreement is 20 years and is renewable
65% of all franchisees own more than one unit and needs 8-12 employees to run each franchise.
100% of current franchisees are owner/operator owned.

6. Franchisee requirements
2 Weeks training, available at headquarters. Training in Australia, China, Germany, India, Montreal, Canada, and Miami FL. Milford, CT.
Need to be a Franchisee Association Member and a direct financial assistance.
Net Worth of $30,000 - $90,000
Liquid Cash Available $80,000 - $310,000
Total investment - $85,000 - $260,350