Subway has been quite a hit concept in Western countries since its establishment in 1965. However, it was in the year 2001, when Subway made its first appearance in India. Since then, it has been making quite a name for itself on the Indian subcontinent. As of now, there are more than 550 Subway outlets across India, and this number is on the rise, especially in the last five years or so. And if you are someone interested in owning a Subway franchise, then you may be wondering how much it costs and how to actually approach Subway about it. Correct? Well, that is where our today’s post comes into play. Here we will be going over the Subway franchise cost, the space requirement, and the step-by-step process to apply for the franchise. So let’s get down to it then. Shall we?
Cost of Subway Franchise in India
No prizes for guessing, starting a Subway franchise requires a pretty hefty initial investment. You’re looking at somewhere between 25 to 40 lakh rupees give or take. This isn’t just some arbitrary figure, though. It covers all your initial expenses, from the franchise fee to construction costs and even equipment leasing. Speaking of the franchise fee, it’s 6.5 lakh rupees in this case. And what does that get you? Well, it’s the price of admission, the key that opens the door to the Subway family, allowing you to operate under their world-renowned brand. The rest of your investment goes into the nitty-gritty of setting up your store, you know, construction, equipment leasing, and so on. Let’s be real here, the cost of a Subway franchise can seem steep, but when you stack it up against similar fast-food franchises, it holds its own spot in terms of competitiveness.
Total Investment Breakdown For Subway Franchise In India:
- Franchise fee:5 lakhs rupees
- Interiors Expense: 6 to 8 lakhs rupees
- Equipment/Machinery: 3 to 4 lakhs rupees
- Security system: 40 to 60 thousand rupees
- Inventory:2 to 1.7 lakhs rupees
- Lease charges: 2 to 4.5 lakhs rupees
- Training: 1 lakh rupees
- Advertisement: 1 to 1.5 lakh rupees
There may be other costs included in the contract of the Subway franchise. So check it carefully, and evaluate the cost before signing the contract.
Space Requirement for Subway Franchise in India
When opening a Subway outlet, you usually have two options, either you can open a small food court, or you can go for a regular size outlet with all the things you need to please the customers.
- Food Court: A Subway food court outlet can make do with just 170 square feet, roughly the size of a generous master bedroom! Now, you may be wondering, can such a compact area truly accommodate all the sandwich crafting magic that Subway is famous for? Absolutely! Every inch of this area is smartly utilized, from the counter where fresh veggies are lined up to the oven that toasts your sub to perfection.
- Regular Outlet: For a standalone outlet, the area requirement hops up to 350 square feet. This size upgrade doesn’t just mean more room to move around, it could accommodate more seating for customers, additional storage, or even a slightly expanded menu. It’s like having a slightly larger canvas on which to paint your Subway masterpiece!
No matter what kind of outlet you choose, the success mantra remains the same, location is key. Setting up shop in areas with high footfall, such as busy shopping malls, bustling marketplaces, or thriving commercial centers, can often be your ticket to success.
How to Apply for a Subway Franchise?
Suppose, you’ve always dreamt of starting your own Subway franchise, but you’re stumped on where to begin. Lucky for you, the application process isn’t as daunting as it might seem. In fact, it’s rather straightforward. And here is the step-by-step process for applying for a Subway franchise in India:
- Our adventure begins at Subway’s official website. It’s like the treasure map for your franchise dream, holding all the key information you need. Look for the franchise application form and download it. Now, it might sound like tech jargon, but it’s as easy as clicking a button.
- With the application form now at your disposal, the real work begins. The form will require certain details about you and your business aspirations. Take your time to carefully fill in the required details, ensuring everything is accurate to the best of your knowledge.
- Once you’re confident that the form is filled out to the best of your abilities, it’s time to send it on its journey. The form needs to be sent to a specific address provided by Subway. Make sure it reaches the right hands!
- The good news is, Subway is just a phone call or email away. The contact details for Subway India Franchise are readily available. So don’t hesitate to reach out if you need clarification or assistance.
Here’s How To Reach Subway India Franchise:
Phone Number: 011 41754035, or 011 41708082.
There you have it. You have every piece of information to go ahead and apply for the Subway franchise. Now it is your turn. So yeah, good luck with that.
Note: The cost is mentioned here might be vary due to some changes in policies or recent business updates. So, please confirm from the official website before applying.