Subway franchises for sale are part of the popular fast-food franchise that first originated in the United States. The Subway brand is now available in many countries around the world. Subway has become popular because it offers a healthier alternative to other fast-food chains. When you purchase a Subway franchise for sale, you are buying into a well-known brand that has established trust with consumers. You will also receive help from the corporate team in terms of marketing, store design, and operations. This support can be extremely helpful, especially for first-time business owners. Subway franchises can be a great way to get started in the restaurant industry.
Finding Subway franchises for sale on the resale market is not an easy task. Often the sellers will simply sell internally to another franchisee rather than listing the business with someone like the Restaurant Brokers at We Sell Restaurants. Subway is the largest single-brand restaurant chain and the largest restaurant operator in the world so it's no wonder our Subway franchises for sale are customer favorites.
When Subway franchises for sale come onto the market, they are highly sought-after businesses. A resale unit with existing cash flow and sales is a great option versus building out a new unit and starting from scratch. The Subway FDD or franchise disclosure document indicates the total investment for a new store is estimated at $116,000 to $263,000 in the United States and $102,000 to $234,000 in Canada. That is the cost to open the store without any existing sales or cash flow.
We Sell Restaurants handles many resale locations for Subway owners as Certified Restaurant Brokers. We have years of experience helping Subway franchise owners buy and sell their restaurants. We understand the Subway brand and can help you navigate the process of buying or selling a Subway restaurant.
Reasons to buy Existing Subway Franchises for Sale
When you buy a franchise restaurant, you're buying into a proven business model and there are distinct benefits to the franchise restaurant model. Franchisees benefit from the experience and expertise of the franchisor, as well as the power of a brand that's already been established in the marketplace. A franchise subway for sale restaurant is a turnkey operation, which means that everything from the menu to the décor has been carefully developed and tested. Those who invest in a franchise restaurant can expect to see a higher rate of success than those who start a independent restaurant from scratch. In addition, franchisees enjoy access to ongoing support and marketing assistance from the franchisor. For these reasons, investing in a franchise restaurant is often seen as a wise business decision.
Buying a franchise restaurant resale can give you control over costs. When you are building a new store, you receive only an estimate of what your investment may end up costing. The FDD or Disclosure Document prepared by the company must display all information related to initial investments required under federal law including item 7 where they list "estimated" expense figures for building out each location as well as other items such price points and profit margins before investing in one! Study these “5 Things Every Restaurant Franchise Buyer should Know About in the FDD. The Franchise Disclosure Document is a source of great information but remember, the costs are only estimates. Buying existing Subway franchises for sale means you have an accurate picture of the cost (the selling price) and the earnings.
Another benefit of buying existing Subway franchises for sale is the quick time to market. With a franchise restaurant resale though it's not just location or marketing that matters but also capturing control within 90 days after learning about this opportunity! You can learn more about the “Cost Versus Risk – Pros and Cons of Buying vs. Building a Restaurant” in this article.
If you're looking for a store that's already successful, then buying an existing franchise resale might be the right decision. Existing stores typically have proven sales volume and gross margins. You eliminate the uncertainty of starting from scratch. While there could potentially still be some learning curve involved in running things smoothly at your own location, you are not starting from ground zero.
Another benefit of buyer a Subway franchise for sale is the existing lease arrangement or rental agreement on the location. The power of the Subway brand and the assistance of their real estate departments has led to some of the most favorable leases in the industry, many without a personal guaranty. Avoiding the risk of a personal guaranty on a lease is very rare in the industry and we cover this in detail in the article, “7 Scary Things to Know About a Restaurant Lease.” Many Subway franchisees avoid this risk.
Other advantages of the business model include the willingness of the brand to allow for multi-unit ownership meaning you can buy more than one location. For those seeking an investment without a hands-on approach to working in a single store, this is a reason to consider Subway Franchises for Sale.
How Did Subway Get Started?
The brand launched in 1965 when founder Fred DeLuca was searching for a way to pay for medical school. A family friend suggested he open a “submarine” or sub shop. Since that time, Subway has become known as one of the fastest-growing franchises in the world, with restaurants in 111 countries and territories.
Subway is a sandwich shop that is known for its fresh, made-to-order sandwiches. Subway was founded in 1965, and today there are more than 37,000 Subway locations around the world. Subway offers a variety of sandwiches, including the popular footlong sandwich. Subway also offers salads, wraps, and soup. Subway has a "Eat Fresh" motto, and all of its food is made with fresh ingredients. Subway also offers a "Low Fat" menu for those who are looking for healthier options. Subway is a popular lunchtime destination for many people, and it is also a popular choice for catering. Whether you are looking for a quick lunch or a catering option for your next event, Subway has something to offer.
One great aspect of Subway franchises for sale is the world-class training offered to all new buyers. All new franchisees attend a two-week training course at the World Headquarters or one of the many training centers around the world. Once training is complete, ongoing support comes in many forms, including local development offices, e-learning training courses, a weekly newsletter, and much more.
Subway is a great option for those buying a restaurant. The concept appeals to consumers with a wide variety of menu items. It doesn't require a lot of experience or knowledge to run a successful business especially open and operating Subway franchises for sale. Subway also has a strong brand identity, which can help attract customers and build loyalty. And finally, Subway Locations are typically well-situated, making them easy for customers to find and access. All of these factors make Subway an appealing option for anyone looking to buy a restaurant.
The national press ranks Subway very high. and Entrepreneur magazine places it consistently on their Top 500 Franchise list. It ranked number 2 in 2012. It also ranked number 2 on the "Fastest Growing Franchise" and "Global Franchise" lists. In 2010, Subway eclipsed McDonald's as the largest fast-food chain worldwide, with 33,749 restaurants – 1,012 more than McDonald's.
Finding Subway Franchises for Sale
Highly trafficked websites for buying a restaurant like the We Sell Restaurants website will have dozens of online listings in multiple states showing Subway franchises for sale. These are represented by the listing broker who will be able to provide you with full details including the financial picture, information on the lease, past performance and more.
Subway franchises for sale should always be reviewed on the basis of their cash flow through analysis of the profit and loss statement. However, the brand is unique in that they publish a weekly report called the “combo report” which provides data for up to three years on the store. Someone familiar with the report like a Certified Restaurant Broker can explain it to you in person but essentially it lays out the business, cost of goods, labor hours and sales in a weekly format and has historical information for up to three years of past history as well as the current year. The Combo Report will also compare the subject location to other stores, allowing a buyer to see how well it benchmarks against other locations.
If you are looking for a business with potential and room to grow, a Subway franchise may be the perfect opportunity. With over 44,000 locations in more than 110 countries, there is no doubt that Subway is an established brand. The company has seen success due to its focus on fresh ingredients and customer satisfaction. If you are interested in learning more about purchasing a unit or finding existing Subway franchises for sale, please visit We Sell Restaurants. Our team can help connect you with the right opportunity and provide all the resources you need to get started.
Keep reading to learn more about what these steps towards buying a food franchise may look like for you on your journey to Buying a Restaurant.
Potential franchisees should not be discouraged if they are short on capital and concerned about paying franchise fees. There are many methods to pay for your new business.
This day is not just for you to discover whether or not this is the right franchise for you but it also the time that the franchisor will decide whether or not you are a good fit for the brand.
When you are looking to purchase a restaurant franchise business, there are a lot of factors to consider. For many buyers, the reasons to buy outweigh the benefits of building from scratch.
Before making an investment, consider the advantages and disadvantages of franchising. Understanding the pros and cons of franchising can help you make an informed decision about your next career.
When you are acquiring franchise resales, it is common to wonder exactly which terms will be negotiable in the transaction.
The Franchise Update Media report lists common traits among the most successful development teams. One Key commonality - Formalized Franchise Resales.