Popular FranchisesFeatured Franchises in Ireland |
Subway Irish Franchise OpportunityAbout Us![]()
SUBWAY was founded in 1965 by Fred DeLuca. Since opening the first store in Connecticut, SUBWAY has grown to become a multi-billion business with over 32,500 stores in 91 countries. In the UK and Ireland alone there are over 1500 SUBWAY franchises. SUBWAY was voted the number one franchise opportunity by Entrepreneur Magazine in 2009; the 16th time it has been awarded this. SUBWAY was also voted in 2008 the number one sandwich provider by the British Sandwich Association. The history of SUBWAY in the UK and Ireland
Training and Support
How SUBWAY® trains and supports you The SUBWAY chain offers full support and training at the beginning of the relationship and on an ongoing basis. A key factor in SUBWAY’s success is the strong support network it has. SUBWAY uses Regional Developers in Ireland to assist with the opening and development of SUBWAY franchises. These Regional Directors often have several stores of their own and so have considerable experience when it comes to launching and running SUBWAY stores. They will assist and mentor with site selection, leasing, design, construction, training, purchasing, operations, advertising, local marketing and more. SUBWAY has also developed a comprehensive training programme that requires franchisees to attend an intensive two-week training course. Finance
How much does a SUBWAY franchise cost? Compared to franchises of a similar size and stature, SUBWAY’s start-up costs are competitively low. The franchise fee of €10,000 is one of the lowest on the market, despite the size of the chain and in some cases a SUBWAY franchise can be opened for as little as €115,000. Please note however that the total initial investment will depend on factors such as location, rent, outlet size and equipment. The franchise agreement is for 20 years and renewable for 20 years (subject to terms and conditions). As with many franchises, an important factor is raising the funds to finance your investment. A good arrangement is to have 50% of the total capital requirement available in cash and sufficient collateral available to obtain funding for the balance of the investment. Royalties and fees paid are based on gross sales minus sales tax. The royalties are 8% to the SUBWAY chain, with a further 4.5% advertising fee which is paid to the “International Franchisee Advertising Fund” (IFAF). Who's Ideal for Us
What skills do i need to become a SUBWAY franchise owner? The key attributes of a successful franchisee evolve around the ability to take advice and guidance from others. These include: Request Further Information*indicates a required detail Copyright ©whichfranchise.ie 2010. All Rights Reserved. whichfranchise - a complete franchising resource offering information and opportunities for prospective franchisees and franchisors in Ireland. Contact whichfranchise | about whichfranchise | Terms of Use |
Company FactsBusiness Description Subway is a sandwich franchise. Industry Sector Fast Food and Restaurants Irish Franchise Association Membership Yes BFA Membership Yes International Franchise Association Membership Yes Franchise Type Retail Minimum Total Investment € 110000 Contact DetailsContact Paul Hayes Address Tel 02893 359 080 Fax 02893 359 102 Web: www.subway.co.uk |