Full Answer
How much do Subway franchises pay?
Subway franchise fees for 2022: Initial Franchise Fee $15,000. Initial Investment $140,050 - $342,400. Net Worth Requirement $80,000 - $310,000. Cash Requirement $30,000 - $90,000. Veteran Incentives: A veteran's franchise fee waived if opening on a military or government funded location. Additionally, they'll receive 50% off the franchise fee ...
How many franchises does subway have?
How many franchise locations do they have? As of the 2020 Franchise Disclosure Document, there are 22201 franchised Subway locations in the USA. Are there any Subway franchise opportunities near me? Based on 2020 FDD data, Subway has franchise locations in 50 states. The largest region is the South with 8902 franchise locations.
How much does a Subway franchise owner earn?
Over the course of their entire franchise system, Subway generates approximately $11 billion in annual sales. On average, each franchise unit generates $422,000 in sales per year. The average franchise earns only $7.21 per month, according to statistics. Their annual revenue is 5%, so they make $31,000 profit each year.
Is a Subway franchise still profitable?
You need to find where subway is not opened yet. Where it has more demand. But yes it is an profitable business. But again, you have an option if built your own restaurant instead taking franchise. You may earn more. Two ways for you: take up the concept of Subway and open your own outlet.
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How many US Subway franchises were there in 2010?
Franchise milestones In 2010, Subway reached 10,000 international locations that are owned and operated by more than 6,000 franchisees.
How many franchises are there for Subway?
Global quick service restaurant (QSR) Subway operated and franchised a total of 21,147 restaurants in the United States in 2021, down from 22,005 the previous year....Number of Subway stores in the United States from 2015 to 2021.CharacteristicNumber of stores--6 more rows•Aug 25, 2022
How many subway's are there in the world 2022?
The number of Subway restaurants operational worldwide has reduced since the pandemic and as of April 2022, there are 36,900 Subway locations in 104 countries.
Does Subway have the most franchises?
Subway has the most locations of any fast-food chain on the planet, with more than 42,000 restaurants in over 100 countries.
How Much Is a Subway franchise?
The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much does a Subway franchise make a year?
Average Sales / Revenue per Year They generate an annual average of $422,000 sales per franchise unit. Statistically speaking, most franchises make only an average of 7.5% of their annual sales, which comes around to $31,000 profit.
Is Subway or McDonald's bigger?
McDonald's and Subway are two of the world's largest international fast food restaurant chains. Each company possesses a strong brand and is an established name in the casual eating restaurant industry. With 40,953 locations worldwide, Subway beats out McDonald's as the largest global chain.
Is Subway more popular than Mcdonalds?
It's Subway's World: You're Just Living In It When asked, “What's the chain with the most restaurants in the US?”, the majority of Americans would guess McDonald's. Surprisingly, the correct answer is actually Subway! Subway is the most popular fast-food chain (most restaurant locations) in 49 out of 50 states.
What is the largest fast-food chain in the world 2022?
McDonald'sMcDonald's is the world's largest fast-food restaurant chain and one of the best-known brand names. The company has more than 39,000 locations in about 100 countries.
What is the number 1 franchise in the world?
McDonald'sMcDonald's The company enjoys over $90 billion in global sales and represents the largest franchise network in the world.
What is the most franchised restaurant?
Top 100 Franchises 2022RankNameIndustry1KFCFood Franchises27-ElevenRetail Franchises3McDonald'sFast Food Franchises4Marriott InternationalTravel Franchises16 more rows
What does BMT stand for?
stands for biggest, meatiest, tastiest.
What franchise makes the most money?
What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.
Is owning a Subway worth it?
In 2021, Subway saw a 21.3% increase in revenue, growing from $634 million in 2020 to $769 million in 2021. Based on the average sales calculated above, at an average of a 15% profit margin, it will take approximately 7.3 years to recoup your investment, which is longer than most franchise opportunities.
How many subways are there in the US?
Number of Subway stores in the United States in 2022 There are 20,787 Subway stores in the United States as of October 17, 2022. The state with the most number of Subway locations in the US is California, with 2,040 stores, which is about 10% of all Subway stores in the US.
Who is Subway owned by?
Doctor's Associates, Inc.Subway / Owner
What is subway restaurant?
Subway is a U.S.-based quick service restaurant chain known for its six inch and foot long submarine sandwiches. The limited service restaurant was founded by Fred DeLuca and Peter Buck in 1965 under the name ‘Pete’s Super Submarines’. In 1966, the company was reorganized under the parent company Doctor’s Associates Inc, and subsequently renamed to ‘Pete’s Subway’, marking the beginning of the contemporary Subway brand. Subway began franchising restaurants in the mid 1970s and today all Subway stores are operated by franchisees. The company remains a privately held company to this day and is still headquartered in Connecticut where it was founded.#N#Today Subway is one of the most valuable restaurant brands worldwide. The quick service restaurant chain has spread the brand worldwide, and restaurants can now be found in 11 countries. The number of Subway restaurants worldwide has increased over the last few years to over 44 thousand restaurants in 2016. The number of Subway restaurants in the U.S. however decreased in 2016. This was the first decrease in units for over half a decade.#N#In terms of sales and revenues Subway is also one of the largest limited service restaurant chains in the global market. In the United States, Subway has some of the highest sales in the quick service restaurant industry, ranked among other large brands such as McDonald’s and Burger King. It is the leading sandwich restaurant chain in the U.S. with system wide sales more than three times as high as its closest competitor Arby's.#N#This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
How many subway restaurants were there in 2016?
The number of Subway restaurants worldwide has increased over the last few years to over 44 thousand restaurants in 2016. The number of Subway restaurants in the U.S. however decreased in 2016. This was the first decrease in units for over half a decade.
Which fast food chain has the highest sales?
In the United States, Subway has some of the highest sales in the quick service restaurant industry, ranked among other large brands such as McDonald’s and Burger King. It is the leading sandwich restaurant chain in the U.S. with system wide sales more than three times as high as its closest competitor Arby's.
When did Pete's Subway start franchising?
Subway began franchising restaurants in the mid 1970s and today all Subway stores are operated by franchisees.
Is Statista a liability?
Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text. In the following 3 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Subway".
What is the ACSI score for Arby's?
The Connecticut-based quick service restaurant chain reached an American Customer Satisfaction Index (ACSI) score of 80 out of a possible 100 points in 2018, hitting the average score for all QSR chains. Comparatively, competitor Arby’s scored a lower score of 79 points in that years ACSI ranking.
How many QSR restaurants are there in the US?
Published by S. Lock , May 6, 2020. Global quick service restaurant (QSR) Subway operated and franchised a total of 23,801 restaurants in the United States in 2019, down from 24,798 the previous year. QSR competition.
Is Statista a good tool?
Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Is subway still the leading sandwich chain?
Nonetheless, Subway is still the leading sandwich chain in the U.S., its systemwide sales being over three times higher than its closest competitor, Arby’s. Subway also had some of the highest sales in the U.S. QSR industry in that year, ranking in sixth place after QSR giants Starbucks and McDonald’s. Customer satisfaction.
Are there any Subway franchise opportunities near me?
Based on 2020 FDD data, Subway has franchise locations in 50 states. The largest region is the South with 8902 franchise locations.
What is franchise grade?
Franchise Grade is dedicated to providing research and education that can help you make confident franchise investment decisions.
How many subways will be open in 2020?
Narrator: By the end of 2020, over 10,000 locations will have this new restaurant design. But Subway says food is its next priority, and it's backing it up with an $80 million investment in updated menu items. Subway's partnered with the media company Tastemade to develop hundreds of new menu ideas, like the Green Goddess Tuna Melt and the Southern Style French Dip. In 2018, the chain introduced its cheesy garlic bread, its most successful promotion in the last five years. And in 2019, a line of ciabatta sandwiches and Halo Top milkshakes hit stores.
Why didn't subway stop?
Narrator: And Subway corporate wasn't stopping it, because the company benefited from a high number of locations. More locations meant more franchising fees and high royalties to Subway corporate, which diminished the effect of falling sales from a single location.
What sub chains are there in the subway?
Quiznos was once Subway's main competition, but tons of sub chains, like Jimmy John's, Firehouse, Potbelly, and Jersey Mike's, and fast-casual chains like Panera, were offering seemingly fresher and healthier options.
How many subway stores were closed in 2016?
Narrator: All of these things created the perfect storm for Subway. And soon, locations started to close. In 2016, Subway closed 359 stores in the US. It was the first year the chain closed more locations than it opened. In 2017, that number was over 800, and by the end of 2018, over 1,000 locations had closed.
How much money did the subway make in 2012?
In 2012, each Subway franchise generated an average of $482,000 a year. Four years later, that number had slipped to $422,000 a year. For comparison, the average annual revenue of a McDonald's franchise in 2016 was $2.6 million. And to make matters worse, Subway would lose the face of its company.
How much does it cost to open a subway?
Narrator: Not only were Subway franchises successful, they were, and still are, one of the cheapest chains to franchise. It costs between $116,000 and $263,000 to open a Subway franchise. Compare that to opening a McDonald's, which costs up to $2.2 million.
How many subways are there in the world?
Subway has the most locations of any fast-food chain on the planet, with more than 42,000 restaurants in over 100 countries.
Overview
Controversies
In September 1999, at least 32 customers in Seattle contracted hepatitis A after eating food contaminated with the virus at two Subway outlets. The virus, which is spread by eating or drinking food or water contaminated with infected feces, infects the liver causing nausea, vomiting, diarrhea, fatigue, and fever. Subsequent investigations found that staff failed to adhere to thorough hand washing and the use of plastic gloves during food preparation. A class-action l…
History
In 1965, Fred DeLuca borrowed $1,000 from friend Peter Buck to start "Pete's Drive-In: Super Submarines" at 3851 Main Street in Bridgeport, Connecticut, and in the following year, they formed Doctor's Associates Inc. to oversee operations of the restaurants as the franchise expanded. The holding company derives its name from DeLuca's goal to earn enough from the business to pay tuition for medical school, as well as Buck's having a doctorate in physics. In 1968, the sandwic…
Corporate structure
As of 2017 , the Subway Group of companies was organized as follows:
• Subway IP Inc. is the owner of the intellectual property for the restaurant system.
• Franchise World Headquarters, LLC leads franchising operations. FWH Technologies, LLC owns and licenses Subway's point of sale software.
Locations
As of June 2021, Subway has approximately 41,600 locations in 104 countries and territories, all independently owned. These locations are largely concentrated in North America, with 21,796 in the United States, 2,881 in Canada, and 758 in Mexico; this is almost as many U.S. locations as McDonald's and Starbucks combined. Outside North America, the countries with the most l…
Products
Subway's core product is the submarine sandwich (or "sub"). In addition to these, the chain also sells wraps, salad, paninis, and baked goods (including cookies, doughnuts, and muffins).
Subway's best-selling sandwich, the B.M.T. (short for "Biggest, Meatiest, Tastiest"), contains pepperoni, salami, and ham. The name originally stood for Brooklyn …
Marketing
Subway is the second-biggest fast food advertiser in the United States, behind only McDonald's. It spent US$516,000,000 on measurable advertising in 2011.
Subway used the advertising slogan "Eat Fresh" and focused on how its sandwiches were made from freshly baked bread and fresh ingredients, in front of customers to their exact specifications, by employees which Subway called …
Sponsorships
Subway has sponsored a number of sports events, particularly NASCAR races, including the Subway 400 (2002–2004), Subway 500 (2003–2007), Subway Fresh 500 (2005–2013) and the Subway Firecracker 250 (2009–2016). Subway sponsored the Subway Super Series ice hockey tournament from 2009 to 2014.
In 2008, Subway began to offer all foot-long submarine sandwiches (excluding the premium an…