Subway Franchise Analysis

Franchise Info

When you own a SUBWAY® restaurant, you’re part of the world’s largest restaurant chain and one of its most recognized brands.

How much does an Subway business cost to open?

Subway has an initial franchise fee of up to $15,000, with a overall initial investment range of $238,623 to $536,745.

• Initial Franchise Fee: $15,000
• Total Investment: $238,623 to $536,745
• Working Capital: $12,000 to $42,000
• Royalty Fee: 8.0%

The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy an Subway, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

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How much does an Subway owner make?

As with any new business, the franchise owner's salary and the profits from a Subway business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a Subway franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's income are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal salary

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How many franchise locations does Subway franchise system have?

As of the 2024 Franchise Disclosure Document, there are 20,133 franchised Subway locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Subway franchise opportunities near me?

Based on 2024 FDD analysis, Subway has franchised locations in 50 states. There may be no locations in several states as each franchise company plans their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.

Based on the data collected this franchise opportunity is growing into new locations and might be available in your city.

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Last Reviewed: 2024