💰Opening a McDonald's franchise requires a higher initial investment, but the average profit is $150,000 per year.
🏦Subway franchises have lower upfront fees, but the average yearly profit is between $30,000 and $40,000.
🌍In 2010, Subway became the largest franchise restaurant in the world, surpassing McDonald's.
🏪McDonald's requires a net worth of at least $500,000 to invest in the franchise.
📜Subway charges a high fee of 12% of gross annual sales to franchise owners.
How much does it cost to open a McDonald's franchise?
—The cost to open a McDonald's franchise is usually between $1 million and $2 million.
What is the average profit for a McDonald's franchise?
—The average profit for a McDonald's franchise is $150,000 per year.
How much does it cost to open a Subway franchise?
—The cost to open a Subway franchise is between $100,000 and $350,000, depending on the location.
What is the average profit for a Subway franchise?
—The average profit for a Subway franchise is between $30,000 and $40,000 per year.
What training is provided for McDonald's franchise owners?
—McDonald's offers extensive training lasting 12 to 18 months for franchise owners.
00:05A McDonald's franchise costs between $1 million and $2 million to open, while a Subway franchise costs between $100,000 and $350,000.
00:17McDonald's requires a net worth of at least $500,000 to invest in the franchise.
00:33McDonald's offers extensive training lasting 12 to 18 months, while Subway provides limited training.
01:03McDonald's charges a 4% gross sales annual fee for franchise owners, whereas Subway charges 12% of gross annual sales.
01:46The average profit for a McDonald's franchise is $150,000 per year, while the average profit for a Subway franchise is between $30,000 and $40,000 per year.
