www.franchisetimes.com/content/story.php?article=00410 -
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Published on: 7/3/2007
Last Visited: 7/3/2007
Diane Wehr, for instance, bought five Subways around Birmingham, Ala., six years ago after she and her husband decided they wanted a family company."We had zero restaurant experience," she said."That's perhaps the beauty of it.
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Wehr, a member of the board for the North American Association of Subway Franchisees, said a new Subway franchisee operating a single store can expect to make about $30,000, a year for five years, at least until the debt is paid off.At Mr. Pickles, Fagundes claims that franchisees of his can earn 25 percent profit, but the franchisee must put in much of the work operating the store."We won't sell to someone who wants to work absentee," he said.