The renowned brand Subway is an international restaurant franchise that vends sandwiches and salads. The founders of this franchise were Fred De Luca and Peter Buck who formed the restaurant in 1965. Subway is not the corporate name of the franchise it is Doctor’s Associates Inc or DAI. The company is truly international and is the world’s quickest growing franchise, with Low Cost Franchises now higher than 27,000 in 85 different countries. The 1st franchise was begun in 1974 in Wallingford, Connecticut, USA.
The Franchises have positioned themselves as a healthier choice restaurant, which adds huge market appeal in today’s health mindful society but much of the Low Cost Franchises growth is down to its distinctive business model. Unlike most Low Cost Franchises, the parent company does not run any restaurants. The Franchise Opportunity is given to regional Low Cost Franchises to manage the different stores and Subway holds the contract to be their development agent for that market. The development agent, Subway, is then responsible for developing these existing and new locations, studying the stores on a monthly basis and overall support for the different Low Cost Franchises in whatever troubles that may occur. The break down of percentages for the Franchise For Sale preferences are broken down like this, 8% of sales at each site go to royalties, 4.5% of sales go into a holding called the Subway Franchisee Advertising Fund Trust or SFAFT, which is lead by a board of directors voted in by the franchisees. The Franchise Opportunity comprises of the leasing of equipment, assistance with the franchise cost for minorities and for existing owners the Franchise For Sale option comprises of remodelling, relocation and expansion loans.
The Franchise Opportunity comes with compulsory requirements. Each franchisee must attend a two week training course, this course teaches business concepts, methods of operation and essential management skills. The time for the training is broken up between the classroom and on site within a local Subway restaurant for work experience. After the training course each prospective franchisee must pass a thorough exam in order to become feasible for a Franchise Opportunity with Subway. As the Subway Franchise For Sale deals are international there are training points in the UK, USA, Australia, China, Canada, Germany, Korea, India, Lebanon and Russia, and as the Low Cost Franchises are developing everywhere so will the training points. Other courses on hand are for managers, multi owners of franchises, field consultants and development agents.
Like any franchise nothing is guaranteed, an amount of effort and hard work will be necessary to grow your 1st franchise and especially if you decide to own multiple Low Cost Franchises. The first investment is quite good and owning a Subway franchise will give you a high income if you select the appropriate location.
The speed at which the franchise is developing is remarkable and latest figures show that Low Cost Franchises are opening at about 1,000 per year internationally, this is a clear signal that this business model will continue to grow and lead the market for a lot of years to come. Subway Low Cost Franchises can be found across the world and with the appropriate person at the appropriate location a Franchise Opportunity is there for you.

