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Cristhian Vasquez - Veteran U. Army, Staff Sergeant 6 years served - Bell , CA. I will like to hear any comments, suggestions, or advice on opening a subway franchise. Amy Goley - Advisor - Edmond , OK. I am a former Marine who turned to sales after struggling through the transition process from active duty, followed by the transitional nature of being Subway has a great product with their franchising package.

Rarely do their owners go broke So it will depend on a few things.

If you are hoping to get rich, or have a lot of time with family, I would say no. See the math below If you open a store in a prime location, your revenues go up but so does your rent and turnover. Those are generally owned by owners with multiple locations who get the prime spots with seniority but do not run their own stores. I am not sure what you did as an MOS, but using your GI bill to go to get a tradeschool education would look like this. This is what my employees around the country make right now.

Other things to consider are the new laws for offering insurance to employees those profit margins will likely go down for Subway next year when you lose about 5K for each full-time employee you have , Workers Comp someone slips and for 3 years you pay higher rates , and unemployment insurance didn't have time to document when that employee was late because you were busy making sandwiches?

Then finally you let him go and he says it came without warning and files a grievance? Even if you get out of a settlement, you will be out several thousand in court fees and time plus lawyers. I don't want to crush your dream in any way for sure, I just know that if it were me, I would get a skill like welding, sock away enough to buy one and finance a second one at the same time on a vet loan. Plus, you can always take a 60 day gig oversees as a welder for 40K if you want to get out of the house.

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Just my two cents. Message me if you have any other questions! Expertise in small business strategy, finance, community development including public private partnerships. Request their Franchise Disclosure Document "FDD" which has info on current franchisees.

How Much Does a Tim Hortons Franchise Cost and Profit?

Call several of them and ask them to share their experience so far. I have been in the financial services industry for over twenty years and I on a mission to help families save for retirement, college and Before starting any business I recommend working at the job before you sink any money into a business.

This way you get to see how things work. Was a hairstylist for over 20 years. Worked at elite salons: Mario Tricoci, Vidal Sassoon, then went to Start watching Shark Tank on ABC! I love that show and you will learn LOTS!

You will be running a franchise Get Kindle books or real books on great former biz owners - my family fave is Mr Fred Smith of FedEx The Apple Guy - Steve Jobs, people like that I also love Daymond John - I call him Mr Fubu - join his Facebook page and learn learn learn! He is a Bajillionaire and started his FuBu biz as a youth and dealt with his dyslexia - but did not let it stop him!

Watch undercover boss - great show and so much info about having a great biz! I like the pretzel episode! The owner and the man he GAVE a franchise to they had a pretzel making competition!

Think that is great and that you are interested in learning how to be a success is a giant step in the right direction! Best of luck to your sir and thank you for protecting our country!

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Please upgrade your web browser These pages are built with modern web browsers in mind, and are not optimized for Internet Explorer 8 or below. AdvisorNet Sign Up Log In. Opening a Subway Franchise Cristhian Vasquez - Veteran U. Army, Staff Sergeant 6 years served - Bell , CA I am going to school to become a math teacher.

Amy Goley - Advisor - Edmond , OK I am a former Marine who turned to sales after struggling through the transition process from active duty, followed by the transitional nature of being James Mingey - Advisor - Easton , MD Expertise in small business strategy, finance, community development including public private partnerships Message.

Gilbert Haro - Advisor - Newark , CA I have been in the financial services industry for over twenty years and I on a mission to help families save for retirement, college and Thanks for serving our country. Nanette Fabros - Advisor - Woodstock , IL Hello and thank your for serving our country!

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