What are the requirements to open a Subway franchise?
An example of an AI chatbot conversation about Subway franchise requirements.
What are the requirements to open a Subway franchise?
To open a Subway franchise, you typically need a minimum net worth of $150,000 and liquid assets of at least $30,000.
Are there any specific training programs I need to complete?
Yes, Subway requires franchisees to complete their training program, which includes both classroom and hands-on training.
What is the initial franchise fee?
The initial franchise fee for a Subway franchise is around $15,000, but this can vary based on location.
How much does it cost to open a Subway franchise in total?
The total investment to open a Subway franchise can range from $116,000 to $263,000, depending on various factors.
What ongoing fees do I need to pay?
Franchisees typically pay a royalty fee of 8% of gross sales and a marketing fee of 4%.
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