If you like sandwiches and nutritious foods and have the financial means to invest in a sandwich franchise, I think you need to invest in subway franchise. In this article, we going to discuss subway franchise cost in India. How you can get and its process and investment details.
Sandwiches are also one of the most commonly eaten foods on the planet. It comes in a variety of forms and found all over the world.
However, no discussion of sandwiches will be complete without including the word “Subway.”
Subway remains one of the most common brands today, not only in terms of sandwiches but in general, after more than 50 years in the foodservice industry.
Subway is a privately owned American restaurant chain that specializes in submarine sandwiches (also known as “subs”) and salads.
Subway restaurant history:
As of October 2019, this group was operating over 42,000 restaurants in over 100 countries. and it ranked among the world’s fastest-growing businesses.
In 1965, Fred DeLuca and Dr. Peter Buck founded the company in Bridgeport, Connecticut. Subway often included in Entrepreneur magazine’s ranking of the top 500 Franchises.
Subway also ranked third on the list of Top Global Franchises and first on the list of Fastest-Growing Franchises in 2015.
Subway known for its submarine sandwich, and also known as a “sub.” Apart from that, this organization sells a variety of other products such as sandwiches, wraps, paninis, muffins, doughnuts, cakes, and so on.
Since there is no frying or grilling involved, It does not take much time or effort to prepare the sandwich. They slice nutritious ingredients in front of the customer’s eyes to make the sandwich.
Subway has also attempted to appeal to the Indian market by innovating and changing the menu.
The company has launched dishes such as Paneer Tikka, Aloo Patty, and Veggie Patty, which have become very popular with customers.
Read more: KFC franchise cost in India
Subway franchise in Indian market.
In India, Subway has had a lot of success. In 2001, the company opened its first restaurant in India, in Saket, New Delhi. Since then, the business has expanded significantly and amassed a sizable client base.
The firm had more than 600 locations in more than 70 cities around the country.
As of 2017. Coimbatore, Chennai, Kolkata, Himachal Pradesh, Delhi, Mumbai, Pondicherry, Uttar Pradesh, Ahmedabad, Jharkhand, Bihar, others are among the cities.
In the next two years, the corporation wants to expand the number of Subway locations to 1,000.
Subway agreed not to market beef or pork-containing goods in India to respect the various faiths of the people.
In 2012, the company launched the first all-vegetarian restaurant on the campus of Lovely Professional University in Punjab.
Subway franchise in India is good investment for entrepreneurs.
Subway is a very good investment option for an investor because of the brand appeal, high-quality food, and loyal consumer base it brings to the table.
If a person chooses to work for Subway, he or she would be able to take advantage of a variety of incentives and facilities.
You can take a 20-year term Subway franchise deal, which also can extend. In addition to global and international sponsorship and advertisements, the organization offers a two-week preparation program.
Learning is a continuous experience for both the franchise owner and the staff. The company also assists with store production, architecture, and construction.
Subway also assists the franchisee’s owner in contract negotiations.
Also read: How to take Dunkin Donuts franchise?
Subway Franchise Requirements:
Much as every other franchise, anyone interested in owning a Subway franchise must meet those criteria.
- The first condition for obtaining a Subway franchise is that the location or room of the outlet is accessible.
- The location of the outlet is depended whether it is in a food hall or not. The minimum area for a food court outlet should be approximately 170 square feet.
- The area available to open a Subway franchise, whether it is not in a food court, is approximately 350 square feet.
- The second criterion concerns the outlet’s personnel. A Subway franchisee should have a minimum of eight employees to operate.
- Employees, as well as the employer, must be properly trained.
- They would participate in a two-week rigorous training program.
Subway Franchise Cost in India:
When searching for businesses to invest in, the one issue on everyone’s mind is how much it would cost them to buy a franchise of that business.
The cost of a Subway franchise in India will vary between INR 53,90,000 and INR 89,10,000.
The sum includes the initial franchise fees that a Subway franchise owner would pay to the corporation is about 6.5 lakh rupees.
You will have to pay a royalty to the corporation, which is equal to 8% of net profits (gross sales minus the sales tax). The cost of ads is another expense that you have to bear.
Promotional cost of the subway franchise in India:
You will have to pay 4.5 percent of net profits as promotional costs to the corporation.
Subway Franchise Profit and Return on Investment:
According to internet information, a Subway franchise can gain a profit of 70,000 rupees per month, and the franchisee can recoup the whole investment within 5 to 6 years of opening the franchise.
The Subway outlet should also predict a return on investment of 40 to 50 percent.
Subway’s Franchise Application Process:
Subway has a section on its website that includes all of the material needed to start a franchise.
Anyone interested in investing in Subway should obtain a copy of the brochure and read it thoroughly. After that, he or she must complete and apply Subway.
If your application is chosen by the organization, Then you will consult with a local Development Agent who will not only assist the client with the application process, but also with various facets of the franchise setup.
After that, you must sign a franchise agreement. Then you will have to participate in a two-week training curriculum for you and your employees.
After that, the outlet’s location should be determined, and then, You are free for the grand opening of the restaurant.
– You need to participate in a two-week comprehensive training program, which will be provided by the organization.
– A training center will be assigned to your outlet based in your franchise area and in your preferred language.
– A local planning office will ask you to take two exams, one of which will concentrate on math and the other on English, exam takes around an hour to complete. It is required of all new employees to take the exam.
Is buying a Subway franchise a good investment?
You can’t go wrong with Subway if you’re looking to purchase a grocery franchise. Year after year, the business has grown at an exponential rate. A Subway outlet will generate a monthly profit of 70,000 rupees for an individual.
How long does it take on average to launch a Subway franchise?
On average, it takes 7 months for a Subway franchise to operate.