business enterpreneurship and management

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    BY-:

    ASHU KUSHWAHA

    AMAN MISHRA

    RAM KUMAR PAL

    PRAKHAR SINGH

    KUNWAR PRATAP

    BUSINESS

    ENTERPRENEURSHIP ANDMANAGEMENT

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    Introduction Third largest fast food chain in the world

    Fastest growing franchise cnain.

    Today they have largest restaurant chain in theworld. They have over 40,855 stores in 105

    countries and over 4,00,000 team members.

    Subway has more than 700 development and

    support people employed at the chain's world

    headquarters in Milford, Connecticot into different

    departments.

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    HISTORY OF SUBWAY Founded in 28 august,1965 doctor Peter buck and

    Fred deluca with loan $1000.

    They opened their first sandwich shop in

    bridgeport, connecticut. It turned to franchisein1974.

    In 1980 salads were added to the menu of its

    restaurants

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    WHAT IS DAI?

    Doctors Associates Inc. (DAI) is the franchisor of the SUBWAY systemand the corporation that owns the SUBWAY service mark.

    The name was chosen by Dr. Peter Buck and Fred DeLuca in 1966.Dr. Buck was nuclear physicist by profession, and

    Fred had aspirations of attending medical school to become a doctor.So, the name Doctors Associates Inc. seemed to fit their situation.

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    Facilities provoded

    Huge sandwich selection according to country.

    The filling can be ordered double or some things

    can be left out.

    Provide customers about neutritions information.

    The sandwiches of subway contain only 6 gms. of

    fat.

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    Franchise system

    Subway is a registered trademark of Doctor'sAssociates Inc. (DAI). DAI owns the operational

    business concept and trademark of Subwayrestaurants. From this organization,the franchiseesbuys the right to operate with the Subway concept.Subway provides required information to the newfranchisee during a two weak training. Subwayfranchise fee is exceptionally low for a chain of thissize.

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    Franchise system

    Subway's franchisee fee:

    $15000 in the US and Canada

    $12000 in Australia

    $10000 in all other international countries It also provides shared values to franchisee

    Investment Fee: Subway has the lowest start up

    cost compared to other fast food chains Subway: $69,300 to $1,91,000

    Burger King: $2,40,000 to $2.5 million

    McDonald's: $4,32,800 to $7,15,150

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    Franchise system

    Operational support: Subway offers training coursesand information resources to franchisees.

    Skills: Subway provides the franchisee with

    marketing knowledge as well as necessary tools forhim to operate his business efficiently.

    Style: Subway guides the franchisees in the rightdirection with training courses and necessary

    information.

    Site selection: Subway will help the franchisees tosecure a location for the new subway restaurants.

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    Franchise system

    Restaurant's design: Subway provides the franchisefloor plans for specific location

    Equipment Ordering: Subway provides the

    equipments that the franchise will need running thebusiness.

    The franchisees are responsible for the following:

    Initial franchise fee Finding location

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    Franchise System

    Leasing or purchasing equipment (possible through

    Subway)

    Hireng employees and operating restaurant

    Paying 8% royalty(for franchising concept)

    Paying 3.5% advertising fee into the advertising

    fund (4.5% in US, Canada, Australia)

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    THANK YOU