Hello CDs, We are at a juncture in our life where it makes sense to now leave corporate Canada and explore businesses. We feel ready for Franchaisee business and believe in the promise Subway offers from a healthy eating perspective. Since we are first timers, we'd like to be able to talk to some current Subway owners to get their perspective on owning/running the business.

We do have specific questions and even though we can ask the sellers, they have a vested interest in giving us the glass is always full perspective. If there's anyone who wouldn't mind talking to us from a more neutral perspective, giving us the REAL Picture, we'd appreciate it.

Thanks a bunch!!!
Prospective Business Owner

Just like in the movie The Graduate, where Dustin Hoffman is adviced, my only advice is as follows:


LOCATION,



LOCATION,


LOCATION.

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Sunny Leone a true Canadian DESI now back in India !.

Quote:

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Originally posted by Vandematram

Just like in the movie The Graduate, where Dustin Hoffman is adviced, my only advice is as follows:
LOCATION,
LOCATION,
LOCATION.

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MK

Quote:

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Originally posted by mkannuri

Quote:

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Originally posted by Vandematram

Just like in the movie The Graduate, where Dustin Hoffman is adviced, my only advice is as follows:
LOCATION,
LOCATION,
LOCATION.

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Absolutely right..location and profitablity makes the difference. simple question can answer your confusion.
"Why would some one sells if the location is great and making great profits"?

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http://www.youtube.com/watch?v=YMVuD_in67M

E mere vatan ke logo.............

If you want to do something for our country, just dont support corruption or be part of it

I agree LOCATION LOCATION LOCATION.... that's the first rule of any business. We ahve done a lot of research but need info on some insider matters like what is it really like to run this kid of business, what is something you didn't know when you started, what advise would you give to a first timer etc.
To mkannuri: Appreciate your thoughts but it's not always a matter of only loss making businesses sell... if that was teh case there'd be very few businesses in the market. Like 7 wonders says, people sell for various reasons and besides, no one would buy a business without looking at numbers right?

Anyway, like I said, I'm looking for more of advanced level info and not the basics as we have those covered.

Thanks!

The only way you can get the advance info is to actually be at the place... go to the place on different time zone...analyze the business... see how they operate, wat kind of clients are.. Is it near general public or business offices?
U must check lunch time- that’s where most of the sell goes for subway...
Other options are: it’s good if you know someone who owns subway or your AGENT (if he is good) can give u real info.
YOU CAN ALSO FIND OUT GOOD inside info from the person who runs the place – I am not talking about owner, but senior employee, manager or team lead.
Overall, subway is not a bad business it will run good at any location (like Tim Horton)...
Different place has different flavor - u need to actually spend some time on that place... just go there and sit.

If you happen to open one then please make sure you keep good customer service attitude, you need to train yours self and the ppl work there to have nice friendly attitude, good smile on face , hello , bye bye stuff, ( soft skill) , I noticed many desi places lack of that attitude…
I often go to Tim’s or sub’s and found myself so ignored by them , ppl just do their job...Take the order and do the duty but No smile, no Hi, no Hello – looks so unprofessional –

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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)

Thanks Bluepea.

WE have done the due diligence from the store perspective where we spent time taking turns to observer peak and non peak hours. We talked to the owner of course (through his agent) and I spoke to the employees indicating that I was looking for a job there.

The option we are looking for however is talking to someone who owns one or more and can answer questions around the inner involvements.

I completely agree with you on the Customer Service part. I know from personal experience that this can make or break a business and I'd definitely ensure that I bring forward the best to the customers should we finalize the deal.

In the mean time, anyone have any insight?

Thanks,
Biztyme