Hello Guys, Today we will read about the Subway franchise Business. if you want to start a business in a Fast food. Then, you can go for the Subway franchise. It is the best decision for you and your upcoming future. In this post, we will talk about the total investment of a Subway franchise, Subway franchise Profit or loss, Space required for the Subway franchise, and more topics will be covered about how to get a Subway franchise in India in 2023.
Company Details of Subway
The Subway brand was started in 1965 by Peter Buck and Fred Deluca. Subway was established on 28 August 1965 in Bridgeport, Connecticut, USA.
| Website:- | https://www.subway.com/en-IN/ |
| Founders:- | Fred DeLuca, Peter Buck |
| Headquarters:- | Milford, Connecticut, United States |
| Product:- | submarine sandwiches (subs), wraps, salads, and drinks. |
| Industry:- | Public Company |
| Parent organization:- | Doctor’s Associates |
| CEO:- | John Chidsey |
Benefits of Subway franchise
Subway is one of the trusted and low-cost investment Businesses in the fast food chain. You will get a 100 % guarantee of earning with a good return on investment.
- Subway is the second largest fast food chain in the world .
- Subway offers all fresh and own chuck to the guests.
- Subway is one of the leading brands and has further than 44, 210 stores in 110 countries in the world.
- In India, there are more than 500 caffs in 70 different metropolises.
- Subway is the stylish and fastest-growing fast food ballot in India.
- It provides no cuisine, frying, and grilled refections.
- The company is flexible with the ballot regarding space conditions.
- Subway provides detailed training and support to the ballot from Subway ballot headquarters, ballot development agents, and field superintendent staff.
- The company provides all types of marketing and promotional support to the ballot.
Requirements for a Subway franchise
- Area requirements:- To open a Subway store Franchise you want a minimum area is 300-600 square feet.
- Required Skill:- You have to pass a Minimum test consisting Exam to get Subway Franchise that is based on math and English-based knowledge. It is mandatory for Subway franchise owners.
- Employer’s requirements:- You need minimum 8 Employers to operate your restaurants.
- To be Financially strong to invest in the business, Should have basic knowledge of the business.
Eligibility for a Subway franchise
- The owner should follow all terms and conditions of Subway company.
- You must have proper money Investment to open this franchise.
- Must have a proper space in a good location for the outlet.
- The owner must have knowledge of running an outlet.
Subway Franchise Cost in India
The cost of a Subway franchise depends on many factors like a franchise fee, location, size of the shop, equipment required and etc. According to Subway, the total investment is approximately Rs. 70 lakhs to Rs. 1.5 crores.
- Franchise Fee:- The franchise cost of a subway franchise is Rs. 6.5 lakhs in India.
- Investment in Store:- The Investment in setting up the store of Subway is Rs. 50 lakhs to Rs. 1.2 crores, depending on location in India. It includes the cost of equipment, furniture, fixtures, signage, and the investment depends on store size and structure.
- Security Deposit:- The Security Deposit depends on the shop’s location.
- Working capital:- The staff salaries, cost of inventory, and other operational expenses.
Space Required for Subway Outlet
Subway store space depends on the size of the store. A minimum space of 300 to 600 square feet space is needed to start the subway franchise. If you taking a store on rent then remember the rent of a store in a prime location may too high.
There are two types of store Subway has
- Traditional:- Traditional places include any street corner, in a shopping center.
- Non-Traditional:- The non-traditional places imply a place near a hospital, airport, bus stand or rail stops, school or college, etc.
Documents & Licence
- First, you have to Register your Business with the (Roc) Registrar of Companies and get your certificate of incorporation.
- ID Proof:- Aadhaar Card and Pan Card.
- Address Proof:- Ration Card, Electricity Bill.
- Bank Account with Passbook.
- Photo, Email ID, Phone Number.
- Fire safety certificate.
- GST Number.
- Standard franchise agreement.
- FSSAI Licence.
- Rental agreement.
- In the end, you’ll need to obtain insurance coverage for your business.
Subway Franchise Profits and Margin:
Subway is the second largest fast food chain in the world and it’s on trending nowadays. In the future, the subway can be the First largest Fast Food chain in the World. So, Everyone wants to take a franchise of Subway but they have only one question what will the Profits and Margin of Subway? So, today we will clarify the margin and profit of Subway.
A Subway franchise can generate a net profit margin of 6% to 8%. This means that for every Rs 100 in sales, a franchisee can expect to earn Rs 6 to Rs 8 in net profit. According to industry estimates, the average ROI for a Subway franchise in India is around 18-24 months. This means that a franchisee can expect to break even and start earning profits after around 1.5-2 years of operation.
How to apply for the Subway Franchise in India?
- First, you have to go to the official site of the subway india.
- https://www.subway.com/en-IN/
- Download application form from the site then fill the form and go to the headquarters and submit the form.
- Contact and meet the local Subway Field Development Agent.
- Carefully read all the agreements before doing any signatures.
- After all the processes pay the franchise fee.
- then you will owner of the subway franchise.
Subway Franchise Contact Details
If you are getting any issues or you want to take a franchise subway then you can contact them from here . All details are mentioned below:-
Address: Subway Systems India Pvt Ltd.B 11/1, Okhla Industrial Area, Phase II, New Delhi -110020
Telephone: 011 41754035, 011 41708082.
Website India: www.subway.com/en-IN
Website US: www.subway.com
Email ID: [email protected]
Frequently Asked Questions of Subway:
Q 1. What is a Subway franchise?
Ans : Subway is one of the trusted and low-cost investment Businesses in the fast food chain. You will get a 100 % guarantee of earning with a good return on investment.
Q 2. What is the cost of a Subway franchise in India?
Ans : the cost of a Subway franchise in India is approximately Rs. 70 lakhs to Rs. 1.5 crores.
Q 3. How to open a Subway franchise?
Ans : First you have a good investment and patience. Then, some criteria like the need for all documents and the need for space for opening. After this fill the form and wait 2 days. You”ll get a call back from Subway. then confirm all the detail and pay the franchise fee and start your business.
Q 4. Is Subway a successful franchise?
Ans : Yes, it is a successful franchise at the present time. lots of people want to take the Subway franchises but they can’t take it due to financial issues. it is based on the food chain system and the food business is going in trending nowadays.
Q 5. Is Subway more successful than McDonald’s?
Ans : No, McDonald’s is more successful than Subway, but in the future subway can beat McDonald’s.
We wish you got all information about the subway. if you think that some more topics can add or you have your issue then you can comment down| mail us. you can grow with businessuniqueidea. Thanks for visiting our site. Have a nice day.
