The Subway Franchise
Beginning of paper
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 the solution at a backyard ....
Middle of paper
.... and the other costs the total investment for a moderate
cost store is roughly $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 sit ....
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Word count: 415
Page count: 2 (approximately 250 words per page)
