Sandwich Shops – State of the Market in 2018
Fast food has always been franchising’s forte. However, few types of food have proven as popular as the humble sandwich. Here, we examine the state of the sandwich industry in 2018 and take a look at five exciting franchising propositions.
Sandwich shops for sale near me
Subway is the most widespread restaurant franchise in operation and one of the most recognisable brands in the world. With more than 44,500 restaurants spread over 112 different countries, it’s achieved global success, despite its humble beginnings. Founded in 1965, with a start-up fund of just $1,000, Subway has been through half a century of radical change and enormous growth, emerging as one of the biggest chains in the Quick Service Restaurant (QSR) industry.
If you’re considering becoming a Subway franchisee, you’ll need to raise a total investment of £200,000. Though this is considerably more than many other franchises, it’s important to remember that you’re paying for access to one of the most successful franchise models in the history of the system. Eligible franchisees should also be able to borrow between 50% and 70% of the amount required from one of the many major lenders who are willing to support Subway franchisees.
In return for your investment, you’ll be provided with all you need to make your Subway restaurant an unqualified success. Two weeks of high-quality, in-depth training are followed by on-going support and numerous educational opportunities. Subway will also assist franchisees in finding a location, fitting out the premises, and launching their restaurant.
If you're looking to sign up with a more affordable sandwich franchise that still aims to compete with the big names, Baguette Express may be the perfect business. Established in 1999, the franchise focuses on bringing healthy fast food to customers around the country. Baguette Express allows customers to create their own sandwiches and mix and match fillings to their heart's content. This sets it apart from other sandwich companies, which typically offer a select few sandwiches.
A Baguette Express franchise will set you back around £60,000. However, costs could reach £100,000 depending on the location and size of your restaurant, as well as the type of franchise package you purchase. Franchisees will need to make a cash investment of somewhere between £20,000 and £35,000 if they're to be granted their own unit.
In return, franchisees are enrolled in a two-week training programme. This covers all of the business basics required to run a Baguette Express, as well as information about the franchise's unique business model and award-winning menu. Assistance with setting up and launching the store is also available.
Quiznos is another US import that reached UK shores and proceeded to make an unqualified success of itself. The original franchise was set up in Denver, Colorado, in 1981. Since then, it has spread across the US and made the leap to international franchising. While it doesn’t have quite the same brand recognition as Subway, it does have a high-quality product and sustainable business model that’s provided it with a great deal of success.
The total investment required to become a Quiznos franchisee is approximately £200,000. The franchise has agreements with many major lenders that allow suitable applicants to borrow 70% of this amount, with the added bonus of two years free banking services thrown in, too. Quiznos charges franchisees a 7% royalty fee, as well as 4% marketing fee. Typically, the franchise term lasts for 15 years.
All franchisees learn the essentials at the highly regarded Quiznos University. It provides franchisees with all the expertise, equipment, and instruction required to make a success of your business.
Wrap It Up!
While wraps may not technically be sandwiches, they're competing for the same market share. Wrap It Up! offer franchisees a unique opportunity to try something a little different and bring a healthy, fashionable street food to customers across the UK. The franchise emphasises the fact that it's offering a unique product that distinguishes it from the vast majority of sandwich businesses already in existence.
If you want to challenge the dominance of traditional sandwiches by becoming a Wrap It Up! franchisee, you'll need to raise a total investment of approximately £120,000. Compared to many of the other franchises in the industry, this is more than affordable. As there are only 17 existing Wrap It Up! restaurants, you'll be amongst the first wave of franchisees trying to spread the chain beyond London.
For a relatively new franchise, Wrap It Up! have developed a strong franchise support system that helps prepare franchisees for the role. A two-day training period is supplemented by on-going training opportunities and continuous support and guidance from franchise HQ. Franchisees will also benefit from an excellent marketing strategy and high visibility.
Finally, we come to something completely different. The bagel. Founded in France, in 2010, Bagel Corner has attempted to fill a gap in the QSR market by serving up tasty bagels, salads, and soups to customers across the continent. The franchise utilises an innovative online order/in-store collect system that makes it one of the most forward-thinking businesses in the industry.
Bagel Corner is looking for a master franchisee for the UK market. This requires an investment of somewhere between £400,000 and £500,000 and will result in you being able to licence sub-franchises and direct the growth of the franchise in this country. The Bagel Corner model supports three types of business - the takeaway kiosk, shop-in-shop location, and restaurant – giving investors a great deal of flexibility when it comes to expanding the franchise network. Master franchisees will also receive ten days of training and on-going support.
The sandwich industry is a diverse and exciting sector, where competition is fierce, and there are always new businesses emerging. We've tried to reflect this diversity by looking at established, big-name brands, as well as smaller upstarts, and traditional sandwich makers, as well as alternative products. All five of the sandwich shops listed above are excellent investment opportunities just waiting for the right applicant.
The Editorial Team, Point Franchise ©
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