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Introduction to Franchising This guide explains the origins of the modern franchise opportunity and serves to give you a better understanding of how today's franchises evolved to become what they are. Guide to Buying a Franchise This guide should give you a good idea of the steps you need to take to buy a franchise. It's a great resource to help you choose from over 300 UK franchises for sale. Raising Finance To Buy A Franchise This guide provides some tips for getting finance to buy your new franchise. This sound advice has helped thousands of franchisees setup a successful business for the future. Pros and Cons of Franchises Take a look at our pros and cons guide to help you determine if buying a franchise is the right root into business for you. This guide highlights both the advantages and disadvantages of being part of a franchise. |
| Financial Details | |
| Franchise Fee: | £ 6000 |
| Total Investment: | £ 100000 |
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| Nationwide | |
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| Sandwich Franchises Fast Food Franchises |
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In 2007, the SUBWAY? franchise was once again named the Number One Franchise Opportunity in Entrepreneur Magazine?s ?Franchise 500? rankings. This is the 15th time the company has won this prestigious award.
Specialist in toasted and cold submarine sandwiches and salads, the SUBWAY? sandwich franchise chain has experienced significant growth in recent years as a fresh and great tasting alternative to other options.The SUBWAY? franchise chain is now the largest specialist sandwich franchise in the UK and Ireland. We aim to increase the number of outlets in the UK and Ireland to over 2,010 stores by 2010.
The SUBWAY Franchise Opportunity
As
well as supporting the development of individual sandwich franchise
stores, the SUBWAY? franchise also welcomes partnerships
with non-traditional sites such as convenience stores, airports,
petrol stations, leisure facilities, cinemas, universities,
hospitals and department stores. The growth of non-traditional
sites has increased and is proving to be very successful - there
are now thousands of such outlets worldwide. This growth is
attributable to several elements inherent in the SUBWAY?
chain?s business.
These include:
Financial Information
Our
start-up costs are exceptionally low for a franchise of our size
and stature and you can often purchase dependable outlet equipment
through our purchasing power. In fact, in some cases, traditional
SUBWAY? outlets can be opened for as little as c.
?100,000. Your total initial investment will depend on
many factors including location, rent, outlet size and
equipment.
The franchise fee of $10,000 (about ?6,000)
for outlets is one of the lowest on the market, despite the size of
the chain. To encourage multi-unit operation, the franchise
fee is reduced to $2,500 (about ?1,500) for additional
franchises and as a result, 70% of franchises are purchased by
existing owners! One reason the costs are so low is that
SUBWAY? outlets feature a very simple operation...no cooking
is involved so you don?t have to invest large sums in
expensive grills and fryers.
Five
Steps to Becoming a Franchisee