Home / $50K – $500K / Subway

Subway

The cheapest way into a major QSR brand.

Price

$263K–$630K

Category

$50K – $500K

Best for

First-time QSR owners with ~$200K in capital.

Fee $15,000. Range per 2026 FDD Item 7; non-traditional formats run lower. Verified Oct 2026. Last verified 2026-10-15.

Key features

Lowest financial requirements of any major QSR
Non-traditional formats (kiosks, campuses)
~19,000 US locations
8% royalty + 4.5% ad fund

Pros

Accessible entry point
Flexible formats

Cons

12.5% combined fees is the highest in QSR
Unit count declining
~$490K AUV is modest

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