How much does it cost to open Subway restaurant?
Subway is one of the cheapest restaurants to franchise.
The company charges a $15,000 franchise fee and startup costs range from $105,800 to $393,600.
By comparison, McDonald’s charges a franchise fee of $45,000 and startup expenses can cost up to $2.2 million.
How much does it cost to open a Subway Restaurant?
Subway is one of the cheapest major fast-food restaurants to franchise.
Subway’s fee for becoming a franchisee is $15,000 and startup costs, which include construction and equipment leasing expenses, range from $105,800 to $393,600, according to the company.
How much does it cost to open a McDonald’s Restaurant?
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How Much does it cost to run a Subway Restaurant?
But Subway restaurants generate less revenue than McDonald’s units.
A Subway restaurant, on average, generates $422,000 in sales annually, compared to $2.6 million in average annual revenue for McDonald’s restaurants, according to QSR magazine.
Subway also charges its franchisees hefty ongoing fees.
How Much does it cost to run a McDonald’s Restaurant?
The company charges an ongoing royalty fee equal to 8% of gross sales, as well as an advertising fee equal to 4.5% of gross sales, according to Franchise Direct. That means 12.5% of each restaurant’s revenues go to Subway corporate.
The bottom line is running your own franchise business is hard work and 80% end up failing after 3-5 years and you lose hundreds of thousands of dollars.There are two business models that are very inexpensive, you can do the for very little start up costs, you can run them and scale them to unlimited to income with no or very little staff.
What is Affiliate Marketing?
The first one is Affiliate Marketing. Affiliate Marketing is where you get paid a commission for promoting someone else’s product. The best ones to promote are Digital Subscription Products:Here are some great examples where you can learn and earn at the same time:MLSPLegendary30 Day Affiliate BootCamp6 Figure Funnel
What is Network Marketing? MLM?
What is Direct Sales or Party Plan?
With this model you get paid for promoting someone else’s product as well but you also get paid from the efforts of other’s that you refer into the business and that can be a very very good income stream…
Now with this model there is some stigma
But don’t worry about that, it is really people that just don’t understand the business model and are conditioned to be employees.
The great thing about both these businesses is that they can be done from anywhere and you can put as little or as much time into them as you want.If you are interested in learning more
One of the other big issues is people feel that they have to be great sales people or recruit all their friends and family in order to have success. Actually all your friends and family will most likely quit after a few months. The way to be successful is to recruit from a cold market and using our brand new method of auto-recruiting.You have probably heard of Steve Larsen and Russell Brunson they are behind one of the most successful online affiliate programs on the internet for the past 6 years.Well they are also part of an MLM that is pioneering a whole new way to do MLM and will change the perception of the industry forever
So Think about it you could start a Franchise OR…
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No physical products, no storefront and no employees
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