Subway was first founded in1965 by a 17-year-old Fred DeLuca and a family friend peter Buck they open Peter super submarine in Bridgeport, Connecticut. after a few years the founders changed the name to subway and begin franchising in 1974.
subway has more than 38,000 global locations, and is the #1 quick service restaurant in the world. Each subway restaurant is focused on making a variety of great foot long subs, salads, and customer made pizza using freshly baked breads, select sauces and a variety of delicious toppings.
Start up cost & investment
Start-up costs for a Subway franchise range between $99,000 to $243,000, depending on the location and whether you intend to purchase a used building, lease a facility or build a new restaurant from the ground up.
The total investment is $116.6k-263.2k.
All individuals that sign the franchise agreement must attend and complete the world wide training program at subway headquarters for 2 weeks.
There is a number of costs associated with running a Subway franchise, and must attend and complete training program. The franchisee must operate the restaurant in strict compliance with all required methods, procedures, policies, standards, and specifications of the Subway system in the Operations Manual and in other writings issued by Subway.
Most subway operators position required a high school diploma.