expired Posted by AttackOnTitan • Jul 13, 2021
Jul 13, 2021 12:39 AM
Item 1 of 6
Item 1 of 6
expired Posted by AttackOnTitan • Jul 13, 2021
Jul 13, 2021 12:39 AM
Subway Restaurant: Buy One Footlong Sub, Get One Footlong Sub
Free
Subway
Visit SubwayGood Deal
Bad Deal
Save
Share
Leave a Comment
Top Comments
386 Comments
Sign up for a Slickdeals account to remove this ad.
I'm pretty sure that's not actually how it works, and you have to pay Subway to start a new franchise and can't just sell it off to whomever you please. The actual franchise fee is something like $15k, the rest is setting up an actual restaurant to their satisfaction and training and hiring staff. Subway's website estimates the cost to be somewhere between $116k-263k (the latter being more likely if it will cost a ton to acquire property and if labor costs are higher for the buildout). If it's a more expensive area or you're trying to acquire space in a mall or something, that makes it more likely you'll make more money there. (i.e.- it's easier to sell $7 sandwiches where the houses are $500k than where they are $150k, and especially easier in a mall).
Look, if you don't like the Subway business model, don't use it. Go open Shrimpmoney's Sandwich Shop. Nobody is forcing you to buy a franchise. But these people want Subway's advertising and global footprint to make their life easier, and along with that is following their rules and guidelines when it comes to how they do things, including pricing.
At the end of the day, I happen to think a passive income stream in the $40k annual range from a <$200k expenditure in most places is pretty damn high. Where else can you get that? A $200k house wouldn't rent for $3,300 per month, and that would be way less risk (you actually CAN sell the house!). If you want more, fine, build your business from the ground up and make as much money as you damn well please. But you don't get to take Subway's head start and then screw their customers so you can fatten your wallet. That's not how it works when you buy a franchise. You don't "own" the business. You own the right to follow their rules and make a little money, that's all.
Sign up for a Slickdeals account to remove this ad.
Leave a Comment