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whats the average income of a subway restaurant owner?

 
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cogee94

posts: 1

Jul 17, 2012 11:21 PM ET    Quote  Report Abuse
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Hi, I'm in New Orleans and presently a self employed contractor with my own building and thinking of investing into the Subway Brand. 1st, I just newly renovated the building from scratch from Hurricane Katrina damage, but unfortunately didnt build out to Subway specifications, so the new building would have to be practically ripped up, moving bathrooms, walls tearing up new ceramic and so on, but I figure since the building is mine with a very minimal mortgage, I can do my own buildout at a fraction of the cost, and I would not have to pay myself rent, but I do not want to work full time in the store because my schedule is pretty demanding as it is. So do you think it can be successful with only working there 10-12 hours per week and keeping my construction company running full time? Secondly, is it possible to buy the franchise, do the buildout and then soon after sell the franchise and just benefit off the rental portion? Is this just a pipe dream or could turn out to be a decent investment? Just trying to find out if it would be worth tearing my newly constructed building apart and gambling on a new franchise with no restaurant experience except Taco Bell 20 years ago as a 16 year old (lol). Thanks



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Builder101

posts: 1

Nov 05, 2012 7:59 PM ET    Quote  Report Abuse
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Seriously looking into buying into a Subway franchise in Los Angeles area but was hesitant until reading the above posts.  Thank you all for the wealth of information.  Does anyone have any further words of wisdom? 



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Gotleo

posts: 2

Dec 02, 2012 8:18 PM ET    Quote  Report Abuse
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Looking at opening a subshop. Near a highschool. With fair amount of traffic. What would the costs be for food, rent(what would you recommend for square footage) utilities, insurance etc. A footlong would sell for $5 and 6" for 3.50. How many subs would sell on average. Open from 10:00 til 10:00 Mon-Sat. Any other info would be greatly appreciated.



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mrfranchiseman

posts: 50

Jan 03, 2013 5:49 PM ET    Quote  Report Abuse
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Seriously looking into buying into a Subway franchise in Los Angeles area but was hesitant until reading the above posts.  Thank you all for the wealth of information.  Does anyone have any further words of wisdom? 



mrfranchiseman

posts: 50

Jan 03, 2013 5:52 PM ET    Quote  Report Abuse
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Seriously looking into buying into a Subway franchise in Los Angeles area but was hesitant until reading the above posts.  Thank you all for the wealth of information.  Does anyone have any further words of wisdom? 



 I work with buyers all over USA, CAN and the rest of the world....15 countries so far.

My advice is similiar to all USA inquiries; I happen to be based in the Los Angeles area

 

mrfranchiseman.com

FlashONE

posts: 1

Mar 25, 2013 1:03 PM ET    Quote  Report Abuse
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A minimum-wage sandwich artist employee could potentially profit more than her Subway franchisee boss!

I'd rather open my own business instead of becoming a franchisee. 

No risk no reward.



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