| Franchise | Initial capital investment |
|---|---|
| Subway | From RM607,946 |
| OLDTOWN White Coffee | From RM700,000 |
| Dave's Deli | RM800,000 |
| I Love Yoo! | Available Upon Request |
How much does it cost to open a Subway in Malaysia?
Franchise Businesses in MalaysiaBusinessCapital RequiredFranchise FeeSecret RecipeFrom RM600,000RM150,000SubwayRM607,946 – RM1,057,131RM44,900tealiveFrom RM250,000+RM75,000The Chicken Rice ShopRM300,000 – RM500,000N/A11 more rows
How much is franchise fee for Subway?
$10,000 - $15,000How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.
Who is owner of Subway Malaysia?
Datuk Vincent Choo and his wife Datin Cynthia Cheong are the Development Agent or master franchisee in Malaysia of Subway, an American fast food sandwich chain, which first came to Malaysia in the late 1990s.
How much does a Subway owner make a year?
The average salary for an Owner is $121,868 per year in United States, which is 35% higher than the average Subway salary of $90,272 per year for this job.
Do Subway owners make money?
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 owning 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 franchise profitable in Malaysia?
International Sandwich Franchise This is one business which can be lucrative as people are becoming more health conscious while Subway is known to offer healthy and fresh food daily. To be a franchisee for Subway, you will need about RM400,000 to RM800,000 depending on the location and size of your outlet.
How many Subway stores are there in Malaysia?
Which are the countries with the highest number of Subway restaurants?Market#RestaurantsMalaysia270NewZealand244Colombia239Saudi Arabia20632 more rows•Apr 22, 2022
How many branches does Subway have in Malaysia?
Subway aims to double its current store number in the region from 3300 to more than 6000 in the next five years.
What franchise is the most profitable?
Most Profitable FranchisesAnytime Fitness. Anytime Fitness is a popular gym brand with a low-cost investment and high revenue potential. ... McDonald's. McDonald's franchise program is one of the most established in the fast food industry. ... UPS Store. ... Jersey Mike's Subs. ... Dunkin' ... Sport Clips. ... 7-Eleven. ... Papa John's.
What is the most profitable franchise to own in 2022?
Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•
Is owning a franchise a full time job?
Buying a franchise doesn't have to mean making a full-time commitment. Believe it or not, there are many franchises that can be run on a part-time basis, especially when you first start out.
What is the McDonald's franchise fee?
$45,000McDonald's Franchise Cost / Initial Investment / Income Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How can I open a Subway?
How to Open a Subway Sandwich ShopRequest a Subway franchise kit through the website. The kit does not obligate you to open a store. ... Secure financing. ... Submit a franchise application. ... Finalize the franchise agreement. ... Attend training. ... Find a location. ... Apply for permits and licenses. ... Organize the store layout.More items...
How much does a Mcdonalds franchise cost?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
How many Chatto outlets are there in Malaysia?
By designing our beverage in low sugar with organic tea leaf, we believe tea makes people healthier and happier. Chatto has 35 outlets in Malaysia and target to expand to more than 40 outlets by 2019. Other than that, Chatto will be having its international outlet in Australia and Brunei in Q1 of 2020.
How many 7-11 stores are there in Malaysia?
7-Eleven is now the largest 24-hours convenience store operator in Malaysia. When it first reached the 1,000 store milestone, 7-Eleven Malaysia started accepting local entrepreneur to join the business as franchisees. 7-Eleven currently has a staggering 2144 outlets across Malaysia. Learn more here.
How many countries does Daily Fresh operate in?
They are currently active in 15 countries, selling a variety of ready-to-go snacks and desserts. Daily Fresh is also the owner of the largest sweet corn plantation in Malaysia, which gives the business a unique edge in its market segment. Learn more here.
When did balloon balloons start in Malaysia?
Balloon Bouquets is a key pioneer in the balloons and party inventories category in Malaysia. They started as a home business in 1996, and now operate more than 12 stores in the country. Learn more here.
When was Metro Driving Academy established?
Established in 1998, Metro Driving Academy was licensed and received the award for Best Driving Academy and 5 Star Rated Driving Academy by the Road Transport Department of Malaysia. As a franchisee, you will be provided support in terms of business development, location, application process, etc. Learn more here.
How much does a subway franchise cost?
As noted in the chart above, the standard Subway franchise fee is $15,000. However, exceptions do apply.
How much does it cost to open a subway restaurant?
A reduced franchise fee of $5,000 is also available to Subway franchisees who desire to open a satellite restaurant—this fee will be reduced to $1,000 if the satellite will be in operation for one year or less. The franchise fee would be waived entirely for satellite locations located in the same facility of the base Subway restaurant.
What is a franchise fee?
The franchise fee is basically a cover charge for entry into a franchise system, and for taking advantage of the expertise the franchisor has acquired. It typically covers the right to use the franchisor’s system (including trademarks and operating system), and services the franchisor provides to franchisees like help finding a location, training materials, etc. For Subway, and most franchises, the franchise fee is due in full when the franchise agreement is signed.
What are the variables that affect the final cost of a restaurant?
Variations in final cost depend on area real estate costs, the size of restaurant being opened, renovations that need to be made, and additional factors such as the amount of traffic the restaurant gets in its opening months.
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.
How much is the subway promotion fee?
There is a promotion fee of 4.5% as well as an 8% royalty fee that you will need to bear when running your own Subway outlet. Apart from that, you will need to find your own location at the advice of the franchiser while you need to bear the cost of equipment and manpower.
Is the subway franchise in Malaysia?
International Sandwich Franchise. The Subway brand will surely be one of the most popular healthy food brands known across the world. In Malaysia, Subway is present in many shopping malls, commercial centres, and entertainment outlets and even in universities.
Is subway a franchise?
Yes, Subway would be one of the best franchise opportunities around. It has an international branding status and a great menu. Subway has been linked with healthy eating and diet which is the current craze among people these days.
