The Subway Franchise

Part I of Essay
The Subway story started in 1965 in Bridgeport, Connecticut during the summer of 1965. 17 year old Fred DeLuca was trying to earn enough money to pay for his college tuition by working in a hardware store. He wanted a way to add money to his minimum wage salary. He got t ....

Part II of Essay
.... $104,500. There is an 8% weekly royalty fee and a 2.5% weekly advertising fee. The franchisee is responsible for the franchise fee, and the leasehold improvements. They also have to lease or purchase equipment, hire the employees, and do the daily operation of the store. The franchisee also has to pay the weekly advertising and royalty fees. The company provides access to proven formulas & operational systems site evaluation. The company also provides training at headquarters in Connecticut. They give the franchisee an operations manual a ....