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re: Subway Franchise
Posted on 12/30/10 at 8:27 am to BilJ
Posted on 12/30/10 at 8:27 am to BilJ
From those who I have spoke to I would say it's a terrible idea. Think about it, they have continued to lower pricing and give more food ie $5.00 ft long. Pre five dollar ft long $8-$9 avg ticket 120-150 trans a day may have kept the lights on. Now your avg ticket may be closer to seven. Now you have to bring in more customers to make the same money, increase staff to accomodate increase in customers. Try and figure out your potential food cost including labor and other cost of doing business, I would say this would leave pennies in profit.
Typically the only ones who make it big in these ideas are the originator of the franchise or those franchissees who could open multiple locations.
Typically the only ones who make it big in these ideas are the originator of the franchise or those franchissees who could open multiple locations.
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