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Number of Subway stores in the United States from 2015 to 2021.
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 subways are there in the US 2022?
20,787 Subway storesThere 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.
Is there a Subway in all 50 states?
Subway is the most popular fast-food chain (most restaurant locations) in 49 out of 50 states. Delaware isn't as interested in eating fresh. In the US, there are 24,568 Subways compared to 13,793 McDonald's locations.
How many franchise Subway has?
Subway (restaurant)Subway restaurant at The Burwood Plaza Shopping Centre in Sydney, AustraliaFoundersFred DeLuca Peter Buck Carmela DeLucaHeadquartersMilford, Connecticut , U.S.Number of locations36,821 (June 2021)Area servedWorldwide (100+ countries)12 more rows
Why is Subway the number 1 franchise?
Initial franchise fees at Subway are as low as $15,000—about a third of what McDonald's charges, according to a 2019 estimate. It's a selling point that's helped the chain become the largest fast-food company in the U.S.
Who is bigger McDonalds or Subway?
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.
How much is it to franchise a Subway?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
How much does a Subway owner make?
Salary Details for an Owner at Subway The estimated base pay is $59,880 per year. The estimated additional pay is $30,703 per year.
Does Subway make more money than Mcdonalds?
McDonald's -- 14,036 units, $37,480,670,000 in sales, or $2,670,320 in sales per unit. Starbucks -- 13,930 units, $13,167,610,000 in sales, or $945,270 in sales per unit. Subway -- 25,908 units, $10,800,000,000 in sales, or $416,860 in sales per unit.
Is opening a Subway profitable?
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.
Is Subway healthier than Mcdonalds?
Looking at the overall meal, the Subway meal in terms of protein and sugar was slightly healthier than McDonald's and provided more vegetables, however it was higher in sodium. Remember both meals contributed the same total number of calories but on top of that, it was a large amount of calories.
Who is the largest Subway franchisee?
Franchisee Location (s): Hardy Grewal, 60, is Subway's largest U.S. development agent and a Subway franchise owner since 1989. He is in partnership with his nephew, Bob, 38, who became an official franchisee in 2002, and his sons, Jesse, 29, and Shawn, 24.
What is the number 1 franchise in the world?
KFCTop 100 Franchises 2022RankNameIndustry1KFCFood Franchises27-ElevenRetail Franchises3McDonald'sFast Food Franchises4Marriott InternationalTravel Franchises16 more rows
What US states have subways?
Edit LockedNew York City Subway.Washington Metro.Chicago L.The T (Boston)Bay Area Rapid Transit (San Francisco Bay Area) and Muni Metro (San Francisco itself)Port Authority Trans Hudson (New York and New Jersey)Philadelphia Subways (SEPTA and PATCO)Los Angeles Metro Rail.
How many US cities have underground subways?
The United States of America is home to the largest number of metro systems in the world with thirty two systems. Eleven of the country's systems are classified as subways or underground systems.
How many McDonald's are there in the world 2022?
How many McDonald's are there in the world? The official corporate McDonald's website explains there are “over 38,000 locations in over 100 countries.” McDonald's, the second-largest private employer in the world, operates locations on six different continents in more than half of the planet's countries as of 2022.
Where is Subway most popular?
Countries WIth the Most Subway RestaurantsRankCountryNumber of Subway Restaurants1United States257852Canada32403United Kingdom23804Brazil21266 more rows•Feb 20, 2018
When was the subway founded?
It was founded by the 17 year old Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut. The restaurant was renamed Subway two years later, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut.
How many subways were closed in 2016?
In 2016, Subway closed hundreds of restaurants in the U.S., experiencing a net loss in locations for the first time. However, with 26,744 locations, it remained the most ubiquitous restaurant chain in the U.S. (with McDonald's in the #2 spot).
How long are giant subs?
On February 2, 2007, KNXV-TV (with the help of the Arizona Department of Weights and Measures) reported that three of Subway's "Giant Sub" sandwiches, nominally each 3-foot (91 cm) long, were actually 2 feet 8 inches (81 cm), 2 feet 8.25 inches (81.92 cm), and 2 feet 8.5 inches (82.6 cm) long. The maximum variance in length allowed in Arizona is 3% (1.08 inches (2.7 cm), for a three-foot sub). The report also showed the boxes designed to store these sandwiches were 2 feet 10.75 inches (88.27 cm) in length; shorter than the maximum allowable variance. In response to the report, Subway said it was reevaluating its advertising, training and packaging materials with regard to the specific or implied length of Giant Subs, and was advising its franchisees to only discuss with customers the approximate number of expected servings and not a specific length of measurement.
What is subway in 2020?
(October 2020) Subway is an American fast food restaurant franchise that primarily sells submarine sandwiches (subs), salads and beverages.
Why did the subway stop offering $5?
On November 1, 2014, Subway discontinued the five-dollar footlong promotion, replacing it with the Simple $6 Menu which included a six-inch select with a drink and a choice of cookies or chips.
What is the slogan of subways?
The past Subway slogan, "Eat Fresh", was intended to indicate the fresh ingredients used in their sandwiches. It is the fastest-growing franchise in the world and, as of June 2021, had 37,540 locations in more than 100 countries and territories. More than half its locations (21,796 or 58.1%) are in the United States.
What does "eat fresh" mean on subways?
The longtime Subway slogan, "Eat Fresh", is intended to indicate the fresh ingredients that are used in their sandwiches.
When did subway start franchising?
After struggling through the first few years, the founders changed the company's name to Subway and began franchising in 1974. Subway has franchises throughout the United States and in 98 countries, with locations in traditional and nontraditional sites alike.
When did the subway start?
In 1965, 17-year-old Fred DeLuca and family friend Peter Buck opened Pete's Super Submarines in Bridgeport, Connecticut. With a loan from Buck for only $1,000, DeLuca hoped the tiny sandwich shop would earn enough to put him through college. After struggling through the first few years, the founders changed the company's name to Subway and began franchising in 1974. Subway has franchises throughout the United States and in 98 countries, with locations in traditional and nontraditional sites alike.
What is franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor.
How long is a franchise agreement?
20 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
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.
When did Pete's Subway start franchising?
Subway began franchising restaurants in the mid 1970s and today all Subway stores are operated by franchisees.
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.
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.
Background
Subway is the world's largest submarine sandwich chain. The company has more than 40,000 locations globally. Its becoming ta leading choice for people seeking quick, nutritious meal options that the whole family can enjoy. From the beginning, Fred DeLuca has had a clear vision for the future of the Subway brand.
Support and Training Offered By Subway
On-The-Job Training 20 hours Classroom Training 80 hours Additional Training Training available in Australia, China, Germany, India, Montreal, Canada & Miami Subway also offers in-house and third-party finance options
2022 Franchise Requirements Needed to Own a Subway Franchise
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 if opening a non government location with government financing
Franchises Similar to Subway
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
Overview
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…
Animal welfare
In December 2015, Subway released a commitment to move to a 100% cage-free egg supply chain in North America by 2025.
In April 2017, Subway released a chicken welfare policy that states that by 2024 or sooner, 100% of its U.S. chicken products will be produced in alignment with Global Animal Partnership (GAP) standards for higher welfare breeds, enhanced living environments (including lighting, litter, and …