Time is very precious nowadays. It serves like a commodity for many and we all know that we need more time to the things that we need to do and like to do. Even eating tends to be a chore, sometimes we eat right in front of our work desk just to save some time. No wonder the fast food industry have boomed over time!
The bad thing about fast food is that it’s mostly high calories and does not give you energy throughout the day. To prevent the battle of the bulge while eating healthier options, Subway sandwiches do comes to mind. Subway sandwiches are like fast food with a twist. They are healthy sandwiches that are freshly made right in front of you.
Do you know that Subway is open for franchising in the Philippines? If you are interested in joining the winning team of Subway then you need to stick around and check out the details below for your perusal.
History of Subway
Fred DeLuca dreamt of becoming a doctor someday. In 1965, his friend: Dr. Peter Buck suggested for him to make a submarine sandwich shop to help him raise funds to support his medical degree. The very first Subway store was opened in Bridgeport, Connecticut in August of the same year. The partners set a goal of achieving 32 stores of Subway to be opened within 10 years. Since they are keened to achieve this goal in their minds, they started franchising. By 1974, they did not only have reached their goal but they have surpassed it and Subway had 16 stores opened throughout Connecticut. This growth remained exponentially and as of this moment, Subway has 44,000 stores around the world.
Advantages of Joining the Subway Team
Proven business with low investment cost
They provide national and local support
Subway is a known brand in the market with national and regional advertising.
Subway provides training programs for the franchisee and their staff.
They provide assistance in store development.
Construction guidance is provided as well as design support.
Operations are easy to follow.
Location flexibility of floor plan.
Marketing and promotional support is provided to the franchisee.
There is menu variety, customers will keep coming back for more.
Subway is a known global brand that promotes healthy choices, therefore you become an advocate of health as well.
Disadvantages of Building a Subway Business:
You will construct your own store but blueprints will be provided by the company.
Sales is highly dependent on the store location.
Food should be ordered only from the approved food distributor of Subway so as not to compromise the taste of the product.
Subway Franchise in the Philippines: Franchise, Royalty and Advertising Fees
Franchise Fee: $10,000 – $15,000 (depending on the exchange rate)
Royalty Fees: 8% every week (gross sales minus the sales tax)
Advertising Fees: 4.5% every week (gross sales minus the sales tax)
For more details and information, feel free to reach them through the following contact details:
Subs To Go Philippines Corporation
5/F Unit E1 Electra House Building
115-117 Esteban St. Legaspi Village, Makati City