| 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 franchise?
The Subway franchise fee is only $15,000, which is much lower than other restaurant chains. Startup costs range between $115,000 and $280,000. They include construction, buying or leasing equipment, setting up inventory, getting insurance, and other expenses. Initial costs can vary depending on the type of location.
How much does it cost to open a franchise in Malaysia?
The average cost of this is RM15,000 to RM1,000,000 depending on the company. Prominent companies usually require you to pay a higher capital since more customers will flock to them. Also, don’t forget, franchise and royalty costs will add to the total price as well.
Which is the best Subway franchise in Malaysia?
Subway has been consistently rated the #1 franchise to join, which is supported by its rapid global success. Learn more here. Founded in 1999, OLDTOWN is one of Malaysia biggest coffee brands with 234 outlets across Malaysia. Next to their regular coffee shops, they also export their coffee and tea products to 13 different countries.
What are the different types of Subway franchises?
Subway has two types of franchises: traditional and non-traditional. Traditional locations are full-service restaurants where the only purpose is the operation of a Subway restaurant. Non-traditional locations are also full-service, but are housed with another business.
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 many franchises are there in Malaysia?
Malaysia has 877 registered local and international franchises as of February 2019. About 40 per cent of these are foreign brands.
What is the royalty fee for franchising?
Compared to other companies we’ve listed, their royalty fee is 5 per cent of your net sales, which is variable rather than fixed. Thus, earning higher will mean that you’ll pay the franchisor more.
What are the benefits of buying a franchise?
By buying its franchise, you get a lot of benefits including continuous training and support, R & D, field agent visits, and advertising and promo support so your business can thrive.
How many people can join gyms?
You can join 4,000+ other owners around the world that make gyms available 24/7. A lot of people come in and join memberships to train several times or more a week, translating to more profits.
Where is the food supply at Ara Damansara?
What’s great about them is that 90% of food supplied to different branches is from their central kitchen at Ara Damansara. In addition to this, they also have a satellite kitchen located at Penang for their Northern outlets.
Can you sell pizza in bulk?
You’ll be able to offer people a wide variety of pizzas as well as side dishes, and soft drinks. Many buyers can even order in bulk for an event or party , allowing you to earn more profit.
Is it worth getting a franchise?
Franchises can be worth it since it gives you a lot of business advantages, but you have to pay expensively at first to be granted a franchise.
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 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 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 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.
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.
