How much do Subway franchise owners make UK?
With the wide reach of 2428 stores across the United Kingdom, Subway makes pretty decent profit annually ranging up to $490k or £381k per store annually according to QSR Magazine. Also with the kind of such low initial set up cost earning such a profit is very well justified to invest in the brand.
How much does it cost for a Subway franchise UK?
Compared to other fast food brands of this size, the initial franchise fee for a Subway franchise is fairly modest. Though the total cost of setting up a store will vary depending on the size and necessary renovations, the estimated complete investment is around £85,570 to £221,240.
How do I find out who owns a Subway franchise?
The best way to find out who owns one specific franchise is usually to just ask. You can visit the business in person or call, and in most cases, you can get a name immediately. If the manager is unwilling to tell you the name of the owner, you can try contacting the franchising company’s head office.
How much money can a Subway franchise owner make?
The average Subway franchise generates around $400,000 in revenue, with profit averaging around $41,000 per year.
How much does a Domino’s franchise cost UK?
The cost to become a Domino’s franchisee is £280,000 and applicants will need access to around £120,000 of their own money. In return, Domino’s will provide a store and all the necessary support to help a new franchisee run a great business with good financial rewards.
How much is it to start a Subway franchise?
How much is the franchisee fee? The initial franchise fee ranges from $10,000 – $15,000* (US dollars) depending on your country.
Who owns the most Burger King franchises?
Carrols Restaurant Group
Carrols Corporation is the largest global franchisee of Burger King as of January 2013. Its parent company is Carrols Restaurant Group, at publicly traded corporation (Nasdaq: TAST). It has held this position since 2002 with the bankruptcy of Chicago-based AmeriKing Inc, which had 367 US locations at its peak.
How Much Is a Subway franchise worth?
Tim Boyle/Getty Images Subway is one of the cheapest major fast-food restaurants to franchise. To open one restaurant, the company requires that potential franchisees have liquid assets of at least $30,000 and a net worth of $80,000 to $310,000, according to Entrepreneur.
Are there any Subway franchises in the UK?
What is a Subway franchise? Already there are 2,500 Subway outlets in the UK and Ireland, and the company is looking to expand this group, offering new opportunities to ambitious entrepreneurs and food enthusiasts.
How do I apply for a Subway franchise?
3) Apply by filling and Application Form: Click https://subapps1.subway.com/AdditionalInfoApp/index.aspx?LC=ENG&CC=GBR and fill in each and every required detail. And then click on ‘Send’. It is to be noted here that just by filling the form you are no way obliged to open a Franchise nor Subway is obligated to provide you the right to do so.
Where are Subway stores located in the UK?
Today, Subway® stores are the largest franchised network of businesses in the UK and Ireland, and indeed throughout the world. Each locally owned business employs local people in local communities throughout England, Scotland, Wales, Northern Ireland and the Republic of Ireland.
Who are the Subway franchise owners in Maidstone?
Myles is a Subway ® franchise owner with one store in Maidstone. For Myles, a career in franchising was always the plan and he began researching franchise opportunities whilst at Sheffield Hallam University where he undertook a degree in Business and Enterprise Management.