08 Sep, 2017

Subway Franchise Process

Subway franchise process Are you crazy for freshly prepared sandwiches, and specifically subway franchise process? Are you drawn to the Subway name, and duck into a Subway shop whenever you get the urge to feast on a delicious and healthy sub sandwich? With 24,800 Subway Sandwich shops in 82 countries, the Subway Corporation is one of the most successful fast-food chain eateries in the world. Fortunately, if you dream of your very own Subway franchise opportunity, you are in luck. Pursuing a Subway franchise opportunity is easy and accessible to even less experienced entrepreneurs. What can a subway franchise opportunity offer you? The subway franchise process is attractive to many potential investors because their franchises generally require much lower initial investments than most similarly structured businesses. Subway also offers substantial operational support, and allows the franchisee considerable location flexibility. It doesn’t get much better than that. If you are interested in a Subway franchise opportunity, the first thing you should do is research the Subway franchise. The Subway Corporation provides interested parties with a helpful brochure that outlines the company's philosophy, operational structure, and information for individuals interested in buying their own Subway franchise. Subway also provides interested parties with the opportunity to attend free seminars. These free seminars allow potential franchisees to meet with local Subway representatives. Subway also offers trade shows where applicants can receive in-depth information and attend demonstrations about the Subway system. Trade shows also allow potential franchisees to meet with representatives from the Subway Corporation. It’s not too good to be true. With just a little research you can be on your way to being your own boss. How to Start a Subway Franchise If you have decided that a subway franchise process is well suited to your tastes and abilities, the first thing to do is to submit an official application to Subway stating your interest. The application asks for references, personal finance information, personal data, and information regarding your current business dealings, among other things. You must also sign a consent form to begin the application process. The initial franchise fee for a Subway restaurant begins at $15,000. The initial franchise fee is due upon signing the franchise agreement. The Subway Corporation has itemized the capital requirements for opening a new franchise and operating it for three months. Estimated costs include real property, leasehold improvements, equipment lease security deposit, freight charges, opening inventory, insurance, supplies, legal and accounting expenses, training expenses, opening advertising expenses, outside signs, business licenses, utility deposits, and additional funds.