Forums: Discussions for entrepreneurs and small business.

Hello,

I am 30 y.o. and want to have my own business while working full-time.  I am a CPA, working for a good company about 35 hours a week and making 85K in cash +benefits. Total comp is around 105K.

There is a very good location by my office to open a Subway franchise( a lot of high rise buildings and upscale clientelle.  Business would be the best during weekdays.  The area is not residential.

I have a lot of business ideas (mostly buying ans selling) but Subway franchise looks like the easiest option to start a business (where I can learn all the details of running a business). 

I am a little bit nervous because I have to rely on somebody to run the store.  I beleive I can net around 40K a year from the shop.

Should I do it? Do you think it worth it? Am I looking for trouble?

P.S. If I decide to do It I will have to take a loan from SBA.

When I talked with Subway about opening a store they said they didn't want people who were gonna' use the store as an investment. They wanted owner/operators that were gonna' make the biz their "baby".

That doesn't mean you couldn't be an owner/operator of multiple stores. But they didn't seem friendly to someone who knows an owner/operator with one store is someone who is just buying theirself a job.

Also, look into the building costs as they seemed bloated when I looked.

I do like Subway stores though (as a customer) and their food is good.

Turned out to be like this, thanks for sharing