
Subway food franchise
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. Offering a fresh, healthy alternative to fast-food restaurants, Subway food franchise has franchises throughout the United States and in several countries, with locations in traditional and nontraditional sites alike.
- Subway food franchise was founded in 1965 and has been franchising since 1974.
- Subway food franchise currently has 17,012 franchised units.
- Subway food franchise requires an cash investment of $30,000 to $90,000.
- Subway food franchise requires a total investment between $86,000 and $213,000.
- Subway food franchise requires a minimum net worth of $30,000 to $90,000.
- Subway food franchise has a 8% royalty fee and $12,500 franchise fee.
- Subway food franchise provides 2 weeks of training at corporate headquarters.
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