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Subway

Subway. By: Sanjuana Rodriguez & Faith Crosby. Franchise Process. 1. Choosing the right Franchise Try to choose a franchise that’s interesting to you or that you have pass experience. 2. Deciding what Franchise you can afford

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Subway

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  1. Subway By: Sanjuana Rodriguez & Faith Crosby

  2. Franchise Process • 1. Choosing the right Franchise • Try to choose a franchise that’s interesting to you or that you have pass experience. • 2. Deciding what Franchise you can afford • Make sure you find out every thing you need to pay for and that your comfortable with. • 3. Steps to take after you choose your franchise • Ask alout of questions and talk to the people over all the franchise. • 4. Hiring a franchise attorney • Find a attorney to help you review over all the documents and help you better understand so you can know what your expected to do • 5. Preparing your business plan • This is your guideline for success and it will keep you on the right track

  3. Financial Requirements • Franchise fee- $15,000 • Ongoing royalty fee 8% • Term of agreement 20 yrs, renewable • Net worth requirement $30,000-90,000 • Cash liquidity requirement:$80,000-310,000 • You need General business experience

  4. Start-Up Money Needed • To Start a subways franchise you will need this amount of money $84,300-$258,300

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