Subway Franchise - Article Example

Subway, a global franchise, presents lucrative opportunities for investment. The franchise has many franchisees anchored by solid entrepreneurial spirit. The company has various franchise options for anyone interested in franchising. The available options encompass satellite locations, non-traditional locations, school lunch program areas, national park locations, airport terminal locations, and community development program locations (Franchise Direct). The franchise has set different franchise fee.

The investors in the United States and Canada pay $15,000 as franchise fees (Subway). On the other hand, the franchise fee for the investors from other countries ranges between $10,000 and $15,000. In addition, the required investment is about $116,000 and $263,000 for those in the United States (Subway). However, the total investment for the franchisees in Canada ranges between $102,000 to 234,000. The Subway franchisees contribute 12.5 percent weekly (Subway). Eight percent of the aforementioned percentage accounts for franchise royalties while 4.

5 percent is used in advertising. The Subway has a training program for the franchisees. Notably, the franchisees are supposed to enter an agreement with the franchise by signing the Franchise Agreement (Franchise Direct). Such individuals undergo through World Training program at the franchise headquarters in order to attain the required skills. The franchisees benefit from the training opportunities that equip them with the necessary skills in the market. However, it is noteworthy that the training is examinable, and franchisees must satisfy the Subway’s administration by passing the examination (Franchise Direct).

The most interesting opportunities with the Subway include financial assistance, on-the-job training, and aid from the site location team. The Subway franchise offers some financial support through a leasing program. The in-service training is essential for equipping the franchisees with solid skills needed in the industry. In addition, the site location team offers free advice on the perfect location. However, one has to be cautious and ought to consider family support, finances, and drive when selecting Subway.

Works CitedFranchise Direct. Subway Franchise Cost & Fees. Web. 5 Mar 2015 http://www.franchisedirect.com/directory/subway/ufoc/915/ Subway. Franchising FAQs. Web. 5 Mar 2015 https://www.subway.com/subwayroot/Own_a_Franchise/FranchiseFAQs.aspx