Subway Restaurants And The Fast Food Restaurant Franchise Essay

The company has been franchising since 1997 and currently has over 600 restaurants across the globe. Many celebrities such as Rick Ro$$ and

On the other hand, Subway is already a universal business. People are already familiar with Subway’s products, so every individual store does not need to spend much money in advertising. Customers can tell the employees what they want immediately; this

McDonald's has successfully created a brand/name for itself as the leading fast food retailer in the world. It is somewhat of impossibility for one to not come across a McDonald's with over 30,000 local restaurants in over 100 countries (McDonald's, 2011). Those restaurants are owned either by a franchise owner or a corporation; a percentage of all the earnings from a franchise owner, including a percentage from their annual revenue go to McDonald's.

It has over 290 branches across 15 Southern and Midwestern states. It is a private corporation that is headquartered in Cincinnati, Ohio; where its first ever branch was opened in 1985 by Jeff Osterfeld. It is said that the idea for an East Coast sub restaurant came to Jeff when he visited Philadelphia and saw the popularity of the cheesesteak sandwich.

To date all restaurants are company-owned and not franchised. Restaurants cover forty-three states in the U.S., Canada, England, and France. The only variation to the original model has been an increased environmental awareness and a “Test Restaurant” in Washington D.C. that serves Asian-Style fast casual food.

food corporations will not stop growing. Fast food restaurants serve more than 50 million people a day in America. McDonald’s has more locations (35,000) than the combined total of Burger King (14,000), Wendy’s (6,500), Taco Bell (6,200) and Arby’s (3,400) combined says Shocking Fast Food Statistics You Should Know.

I agree that starting a franchise like Subway, Jiffy Lube, or Supercuts would be a great way to start your own business. The advantages of going into franchising, according to Williams are that you have the "experience of the franchisor and the system's established franchisees who can guide and support you".

We then have the owners of each franchisee, in a partner ship with the main owner of subway, they are seen to be the ‘principals’ taking risks, they play the main part of setting up the franchise and expect their business to grow earning high profit. Included in this are the suppliers, subways need fresh ingredients, food and drinks supplied to them on a regular basis, suppliers want them to keep purchasing from them and therefore would like the business to work out. The government also under come being a stakeholder as all taxes have to be paid even thought they would like the business to work out. Local communities are included within the stakeholder’s category too, the actions of subway have and effect on the community too, for example, if the franchises have an un-cleared, low in hygiene environment then it will attract rats which will spread.

Fred Deluca was a business entrepreneur who co-founded the restaurant chain called Subway. He was born in in Brooklyn, New York on October 3, 1947. He wanted to go to college to study medicine. He was encouraged by family friend Dr. Peter Buck to make money for college. His business started in 1965 when he borrowed money to start a business so he could pay for college. He didn’t succeed at first but he kept trying and was worth 3.5 billion dollars. He died from leukemia in September, 2015.

According to their most recent 10-K report (2012), there are many key points for review. “Of the 1,961 restaurants across the United States & Canada none of them are franchised” (Nation’s

Who settle for the concept tend to spot it as a primary trend that has continued for a minimum of 5 years. Wendy's International Inc. (NYSE: WEN) is one of the world's largest restaurant operating and franchising companies, with over 6300 Wendy's franchises in North America and over 300 franchises abroad. Currently Wendy's owns a 14% market share of the fast food, or Quick Service Restaurant (QSR) industry, far behind McDonald's 45% market

I can see how Firehouse Subs portrays the company as a more upscale place to eat than Subway. I personally love Firehouse Subs and I am willing to pay a little more to eat there versus wanting to eat at Subway. The brand could use a little something. The company was formed to be a low-cost franchise and to offer sandwiches at affordable prices (Kosman, 2017). Just this year, Subway has started with their new designs of brighter colors, more up to date furniture, and decluttered the lobby (Whitten, 2017). If the company was founded on affordable prices, then maybe they should just stick to that. Otherwise, they may be like the example in Chapter 5 of “The Miller, His Son, and Their Ass” and end up as they did and lose their ass (Strategic

In United Kingdom, they forecast that Subway will have more stores than McDonald’s by 2008 (Kemp 2007). Much of Subway’s success can be attributed to its strong health message and with many cultures in the middle of wellness boom (Bounds, 2006). People now want fast food without the fat.

-As a subway franchisee I do not see myself as a business owner but as a member of a team that

The success of Subway started in 1965, when Fred Deluca took an advice from family friend Peter Buck, to open a sandwich shop to earn more money and to pay for his education. The first Subway branch opened in Bridgeport, Connecticut. Their target was to open 32 restaurants in ten years,