Wouldn`t they try to control this aspect themselves rather than leaving it to one of their franchisees?
Sounds too fishy to me...
If all your subs are $5.00 you will not make much money unless your rent is also ridiculously low or you own your own building
Payroll runs about 20%, Food cost about 30%, Royalties 12.5%
Now pay the Rent and utilities etc-"Operating costs"
Nothing left.....that is why you sell 6 inch subs, drinks and chips etc and have other subs priced at over $5
Your question is rather redundant. We should talk.......949-253-4610
Cultural diffiusion is one of the interesting topic of international franchising, for example , the appearance of McDonald’s, Burger King, and Starbucks outside the U.S. is a form of cultural diffusion—and so too the appearance of sushi bars in America .
I appreciate all the comments here. As a potential franchisee I was wondering what would be the financing options. Do I need to come up with 100% of required cash? Can I finance some of it via a Bank or the franchisor? I know in any kind of business, if Bank believes that you worth to be lent, they will open up the financing option but I would like to hear people’s experience.
I am interested in opening a subway franchise in South Florida.
My friend and I will be opening up this as a partnership. Is there any money to be made off of one location with two people sharing the proceeds?
As owners are we able to draw a salary from working in the location? What is the average salary to be earned?
Do you suggest opening a new Subway or purchase an existing location?
What advise could you give to someone looking to change careers and starting up a new business?
Thank you all for your help.