How Much Does It Cost to Open a Subway Franchise?
Verified · 2026 WI filingAs of its 2026 FDD, opening a Subway franchise costs an estimated $263,000 to $630,000 in total initial investment.
| Total investment | $263,000 to $630,000[1] |
| Franchise fee | $15,000[1] |
| Royalty | not disclosed[1] |
| Ad fund | not disclosed[1] |
Financial Performance (Item 19)
Subway did not disclose financial performance in its 2026 FDD.
Outlet Counts by Filing Year (Item 20)
| FDD Year | Total Outlets | Opened | Closed | Terminated |
|---|---|---|---|---|
| 2026 | 18773 | 499 | 1026 | 4 |
Frequently Asked Questions
How much does it cost to open a Subway franchise?
According to Subway's 2026 FDD, the estimated total initial investment is $263,000 to $630,000.
What is the Subway franchise fee?
The initial franchise fee disclosed in the 2026 FDD is $15,000.
What is the Subway royalty fee?
The royalty percentage is not disclosed in the 2026 FDD.
Does Subway disclose franchise owner earnings?
No — Subway did not disclose a Financial Performance Representation (Item 19) in its 2026 FDD.
How many Subway locations are there?
Subway had 18,773 outlets as of its 2026 FDD.
Where does this Subway franchise data come from?
Every figure on this page is extracted from Subway's 2026 Franchise Disclosure Document, filed with WI and human-verified against the source filing.
Sources
- 2026 FDD, filed with WI — state registry record — last verified from the 2026 FDD on 2026-07-26
FranchiseFilings is not affiliated with, endorsed by, or sponsored by Subway. All figures above are drawn directly from the Subway FDD filings linked in Sources and have been human-verified against those filings. See our methodology for how we source and verify data.