Subway is one of the most popular food and beverage american brands. Subway Franchise authorization and empowerment given by a brand to another group or an individual giving the power and allows them to achieve some commercial activities. For example, playing an agentive role for that brand's products in that place. The investment can change from Indian Rupees 60,98,000 to INR 1,19,79,400. This includes the initial franchise related fees of Indian Rupees of 6,50,000.
What does the Franchise of a Brand Mean?
It is an agreement between a wholesaler or retailer and the owner of a brand for that distributor. This agreement gives permission to use the brand name of Subway exclusively in a particular area. That is, the wholesaler or retailer is the only company allowed to sell that brand product within certain boundaries. This is one of the profitable and rewarding options for those people who plan to start a franchise in India. Before entering the Subway Franchise business opportunity, assess your skills, interest, experience as well as knowledge to determine if it aligns with your goals.
Sales of the Subway Franchise
The Subway franchise takes about $11 billion dollars annually in sales for franchise. They managed to generate about an average $422,000 in sales for a single unit of a franchise in a year. According to statistics, it is said that an ideal franchise business will tend to experience little above 7.5% annual sales profit amounting to $31,000. With such a business already established, low start-up cost and support from the parent company, the Subway franchise remains to be a suitable business opportunity for the entrepreneurs wishing to open up the franchise business.
Profit Idea About Subway Franchise
The profit of the business mainly depends on marketing and the quality of food that you serve.The average monthly income of a Subway franchise can reach around Rs. 20,00,000. Subway charges a franchise fee of $15,000 and the initial costing is $116,000 to $263,000, according to construction and machinery lease charges. The company is largely owned by families.
Subway Franchise an Interesting Partnership
The Subway has been making interesting partnerships. Subway has $11 billion annual sales throughout their entire franchise system. They average annually an amount of $422,000 per unit in sales. Statistically, most franchises make on average only 7.5% of their annual sales, which comes round to $31,000 profit.
Start a Subway Franchise in India Today
Subway is the world's largest sandwich chain, with about 44,000 and more outlets in different locations. They have been the leading choice for any individual who is looking for quick, nutritious repasts that their whole family can enjoy. Subway, a top food company, is known for its exceptional, made-to-order sandwiches that are renowned for their customer delight. So far, Subway has more than 353 franchise restaurants in India. The investment ranges from INR 60,98,000 to INR 1,19,79,400. It comprises the initial franchise fee of INR 6,50,000.
How to Open Subway Franchise in India?
In order to open a Subway Franchise in India follow the steps given below:
- Request for a franchise brochure.
- Submit Franchise Application.
- Meet a Local Development Agent.
- Review Disclosure Document.
- Conduct Local Research.
- Obtain Funding.
- Implement Franchise Agreement.
- Submit Training.
Why to Start a Subway Franchise Restaurant in India?
Because of the following reasons one should open Subway Franchise restaurant in India:
- After 1965, Subway emerged as one of the largest food franchises in and around the world.
- It stands at the top position in the Quick Service restaurant chain with regard to units.
- Low investments and simpler operations.
- Subway managements are seeking their expansion, so there is definitely space available for developing your Subway Franchise Business.
- They provide the best food items that ensure all kinds of visitors can dine at their stores.
- Subway has a great number of products for vegetarian cuisines in its menu, some of the specialties include Veggie Patty, Paneer Tikka, Aloo Patty, etc.
- It has maintained an entirely vegetarian and non-vegetarian kitchen.
- Cheap subs, fast-pacing and slow-paced good hours depending upon store location.
- Subway is the 2nd largest food restaurant chain in the world next to McDonald's Subway.
- It serves over 44,210 restaurants in almost 110 countries globally and over 531 restaurants in 70 diverse cities of India.
- This fast-food restaurant provides highly fresh and self-bread to its consumers.
- Subway is the best and growing franchise business in India.
- This serves no-cook, fry, and grill food items.
- They are lenient about the franchise and the demand for space.
Are Subway Franchises Profitable Business Ideas in India?
Subway has come a long way from 1965 to reach this number one place in the food sector. Subway is one such established brand in not just India but everywhere, and the brand itself works towards the sale of your business by not burdening you with forcing the sales team for your food business. The unique food of the subway can significantly increase sales without requiring additional marketing efforts, but special strategies can be employed to boost sales. Subway food restaurants offer unique items that appeal to various age groups due to their commitment to quality. The quality factor of the products is the main point of sales and the reason not much marketing is needed. Make use of all these strengths and establish a Subway Franchise.
Important Factors Regarding Subway Franchisees in India
Following are the key important factors regarding subway franchises in India:
Investment Required for Subway Franchise
The Subway franchise cost and profit is the information for the youngster who wants to start the business journey with the Subway franchise. However, it is found that due to the fact that all the observations and studies are done at the food market and franchise level, about 25 to 30 Lakhs of investments are required to start a Subway business. Subway franchise fees in India range from 4.5 Lakhs to 8%, with a recommended food court area of 170 Sq Ft and 8 personnel required, with monthly operating costs of 1 Lakhs.
Marketing Support as well as Advertisement Assistance
Subway is a brand which treats its franchises like loyal partners and provides support and guidance to them through and through. Once you apply to be a franchisee with Subway, then someone will come from the head office of Subway franchise to provide you all kinds of assistance possible to set up your store or franchise. Sufficient training to the franchisees and field support for all of them are there at Subway so that their franchisee maintains them at the very top.
Step by Step Guide to Apply for Subway Franchise
Process in order to apply for the Subway Franchise is as follows.
- Step 1: Visit the website for the Subway official webpage. There you can get application forms for the franchise from https://www.subway.com/en-IN/OwnAFranchise.
- Step 2: Now search https://subapps1.subway.com/AdditionalInfoApp/index.aspx?LC=ENG and get an application from that webpage.
- Step 3: Fill all required information, asked in application forms from Subway Franchise
- Step 4: after completion of filling details form in and send to these addresses.
- Step 5: If you have any kind of query then you can dial on below-mentioned Subway franchise contact number below to get detailed information about the franchise.
Subway India Franchise: Contact Details
- Address: Subway Systems India Pvt Ltd.B 11/1, Okhla Industrial Area, Phase II, New Delhi -110020
- Telephone: 011 41754035, 011 41708082.
- Contact Email ID: sa_development@subway.com
Subway Franchise Investment Details
- Minimum investment - Rs. 25-30 lakhs
- Franchise fee- Rs. 4.5 lakhs & Rs.2.25 for the subsequent
- Advertising and Royalty fees - 3.5 % and 8%
- Minimum area required- 170 sq. ft. for a food court, and for a non-food court a minimum of 350 sq. ft.
- No. of personnel - required to run the unit least 8 persons required
- Running cost - Rs.1 Lakh
- Anticipated profit or return on investment - should not be less than 40 to 50 % annually.
Conclusion
Venturing into the fast food sector with the help of Subway franchise in India is the perfect business venture that entrepreneurs must consider. Such trends include healthy eating that has a huge popularity and a low price will also ensure its continuation, so belonging to some world-famous brand, so turn right in Subway for a proper lucrative return of investment for probable profitability over the long term. As long as you stay around and continue with all those processes defined above, providing the highest quality with added value, your Subway business would escalate into an undertaking of a different caliber altogether.
Author Bio
