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S UBWAY By: Sanjuana Rodriguez & Faith Crosby. F RANCHISE P ROCESS 1. Choosing the right Franchise Try to choose a franchise that’s interesting to you.

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Presentation on theme: "S UBWAY By: Sanjuana Rodriguez & Faith Crosby. F RANCHISE P ROCESS 1. Choosing the right Franchise Try to choose a franchise that’s interesting to you."— Presentation transcript:

1 S UBWAY By: Sanjuana Rodriguez & Faith Crosby

2 F RANCHISE P ROCESS 1. Choosing the right Franchise Try to choose a franchise that’s interesting to you or that you have pass experience. 2. Deciding what Franchise you can afford Make sure you find out every thing you need to pay for and that your comfortable with. 3. Steps to take after you choose your franchise Ask alout of questions and talk to the people over all the franchise. 4. Hiring a franchise attorney Find a attorney to help you review over all the documents and help you better understand so you can know what your expected to do 5. Preparing your business plan This is your guideline for success and it will keep you on the right track

3 F INANCIAL R EQUIREMENTS Franchise fee- $15,000 Ongoing royalty fee 8% Term of agreement 20 yrs, renewable Net worth requirement $30,000-90,000 Cash liquidity requirement:$80,000-310,000 You need General business experience

4 S TART -U P M ONEY N EEDED To Start a subways franchise you will need this amount of money $84,300-$258,300


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