Subway
this post was submitted on 27 Nov 2023
1 points (100.0% liked)
Entrepreneur
0 readers
1 users here now
Rules
- No Personal Attacks - criticism of ideas is allowed, attacking people is not.
- Self Posts Only - links can only provide supplementary material. Your post must contain enough content to have a discussion.
- No “How To Get Rich Quick” posts - This community is not about making a quick buck. Posts asking the community how to make $X, without making specific reference to a reasonable idea, are not tolerated.
- Avoid unprofessional communication - Please treat fellow entrepreneurs like respected coworkers, label conversations if NSFW and avoid deliberate provocations.
Please feel free to provide evidence-based best practices, share a micro-victory, discuss strategy and concepts with a frame work, ask for feedback, and create professional conversation. Treat every post as if you're at work and representing the best version of yourself.
founded 1 year ago
MODERATORS
How much do owners usually make in a year?
🤷. I'm sure it varies like every other business. Location, size, overhead, sales etc. you can easily do this research for any franchise on googlen
Saw a documentary about Subway, apparently they are one of the worst! You gotta give them so much money from your earnings that there's barely anything left for yourself, but subway dngaf if you don't even make enough. There's probably subreddits about opening a subway franchise. Also, what's your background? Would probably help heaps if you worked in a place like that before, ideally as a manager so you have/had insights into the paperwork. Making a Sammie ain't enough to run a business.
Find a franchise from developing countries. There should be plenty that have quite good with low franchise fee.
Where are you located? And you have food, business, recruitment franchises, so its very broad. What kind are you looking for.
Some franchises are buying a job. That is you could work 70 hour work weeks averaging $15/hour net profit. Perhaps an H&R Block franchise would be a good one to get into.