The Record Of Subway And How Their Franchise Business Has Turned Into One The Worlds Fastest Growing Franchises.

The renowned brand Subway is an international restaurant franchise that vends sandwiches and salads. The founders of this franchise were Fred De Luca and Peter Buck who formed the restaurant in 1965. Subway is not the commercial name of the franchise it is Doctor’s Associates Inc or DAI. The company is truly international and is the world’s fastest growing franchise, with Low Cost Franchises now exceeding 27,000 in 85 different countries. The 1st franchise was opened in 1974 in Wallingford, Connecticut, USA.

The Franchises have positioned themselves as a healthier preference restaurant, which adds huge market appeal in today’s health aware society but much of the Low Cost Franchises increase is down to its rare business model. Unlike most Low Cost Franchises, the parent company does not run any restaurants. The Franchise Opportunity is given to regional Low Cost Franchises to operate the various stores and Subway holds the contract to be their development agent for that market. The development agent, Subway, is then responsible for developing these existing and new locations, studying the stores on a monthly basis and overall support for the various Low Cost Franchises in whatever struggles that may occur. The break down of percentages for the Franchise For Sale options are broken down like this, 8% of sales at each site go to royalties, 4.5% of sales go into a fund called the Subway Franchisee Advertising Fund Trust or SFAFT, which is managed by a board of directors voted in by the franchisees. The Franchise Opportunity contains the leasing of equipment, help with the franchise cost for minorities and for existing owners the Franchise For Sale option contains remodelling, relocation and expansion loans.

The Franchise Opportunity comes with compulsory requirements. Each franchisee must go to a two week training course, this course trains in business concepts, methods of operation and fundamental management skills. The time for the training is divided between the classroom and on site within a regional Subway restaurant for work experience. After the training course each potential franchisee must pass a thorough exam in order to become feasible for a Franchise Opportunity with Subway. As the Subway Franchise For Sale deals are international there are training centres in the UK, USA, Australia, China, Canada, Germany, Korea, India, Lebanon and Russia, and as the Low Cost Franchises are increasing everywhere so will the training centres. Other courses presented are for managers, multi owners of franchises, field consultants and development agents.

Like any franchise nothing is definite, an amount of effort and hard work will be required to build your 1st franchise and especially if you decide to own multiple Low Cost Franchises. The first investment is quite good and owning a Subway franchise will give you a high income if you select the right location.

The speed at which the franchise is increasing is remarkable and latest figures show that Low Cost Franchises are opening at about 1,000 per year internationally, this is a clear sign that this business model will continue to build and lead the market for many years to come. Subway Low Cost Franchises can be found across the world and with the right person at the right location a Franchise Opportunity is there for you.