Subway Restaurants

As described in the offering circular, the franchisee will sell foot-long and other sandwiches, salads and food items from a retail store. The initial franchise fee is estimated by the franchisor at $15,000. The initial franchise fee for additional franchises may be lower for qualified applicants. The franchisor estimates that the initial investment ranges from $94,050 to $227,800 ($76,100 to $187,100 for a non-traditional location). This estimated sum includes initial start-up expenses for 3 months but does not reflect any sales revenue the franchisee may earn to help pay these expenses. The estimated sum also does not include any salary for the owner during the initial start-up period.