Before Buying a Subway Franchise Know if Franchisees are Happy
Before you make a decision on the franchise you will purchase you need to make sure the business will be worth your investment. One of the things many people look at is the size of the franchise and its visibility to determine whether it will be a good investment. This is why many people consider buying a Subway franchise. However, the next thing you need to think about is whether franchisees are happy and or why not.
What Franchisee Review Sites Say
There are several sites out there where franchisees can post what they like and dislike about their franchise. Sure Subway has more than 144,000 franchise locations around the world and with this many locations the company is destined to have some unhappy franchisees. However, it seems that the numbers are staggering when you look at the people who are not happy with the decision they made when buying a Subway franchise.
So now that you know there are many complaints, it can be a good idea to look at the main complaints that are out there about the company and understand why they need to be carefully considered when making your decision on whether buying a Subway franchise is right for you.
Profits are Low and Corporate Doesn’t Help
This seemed to be the most common issue people stated with their complaints about their Subway franchise purchase. They said even if they were in a location that was designed to be a cash cow that they were not making the income they expected and in many cases this was not even enough for the person to survive on.
No Protected Territories
Another major complaint that came from franchisees about their franchise experience was that when they did start to see good profits that another buyer would put up a store right next to theirs, which is another problem that leads to lower profits. This can be frustrating as a store owner as it is hard to compete within your own brand.
Lack of Care with Corporate
The other major complaint many people had was that they did not receive the support or care they felt they should have from corporate. Many felt that corporate was just out for themselves and didn’t actually care about them. Unfortunately this can be a big problem for many franchises that are super large as they do not have the one on one communication with franchisees that smaller franchises can offer.
Is There a Way Around All of This?
If you are dead set on buying a Subway franchise, then this is something you need to go over with the development agent to understand what issues you will have and how to combat them. It is also a good idea to talk with some franchisees in your area to find out what they think.
However, if you want to go with a franchise where you will not have to deal with these issues then Splash and Dash Groomerie & Boutique may be the pet franchise for you. This is a dog grooming and boutique franchise. What sets the company apart from the other pet franchises out there is the signature bath membership which allows people to pay one flat membership rate to bring their dog in as often as they want for a bath and brush.
The great thing about this is that while it is a booming franchise and a $73 billion industry, it is still small enough to have the one on one communication with franchisees. Also, the company sees themselves as their franchisees partners in success. They even offer protected territories to ensure there is no fighting over business within the area. Having made the Inc. 500 list the last two years in a row due to the growing numbers this can be a great franchise opportunity as you can get in on the ground floor.