If you are currently looking at buying a Subway Franchise, you may be thinking how are you going to finance it? Many people taking on a franchise often do not have the required capital upfront to fund both the franchise cost along with the associated costs involved in setting up the restaurant, kitting it out with all the required catering equipment, arranging for the shop fitters to fit out the shop accordingly, fitting all the tables and chairs, and so on. This is why many people choose to finance their Subway Franchise, as it allows them to effectively budget their monthly outgoings through a monthly finance package whilst receiving all the equipment they need to operate their business immediately.
By financing the Subway Franchise costs along with all the equipment required, you are keeping your available capital in the bank, leaving it available for other important business expenditures and giving you more liquidity in the day-to-day running of your Subway business. Through a tailored franchise finance package You know exactly how much will be going out of your bank account each month on your lease agreement and are therefore able to realise your return on investment easier.
Subway Franchising is very popular, with the Subway Franchise itself being one of the most sought-after and applied for franchises in the UK. Everyone knows Subway, and due to their ongoing popularity and excellent menus – not to mention their high profile advertising campaigns – they attract potential franchisees from all over the world, all of whom want to open their own Subway franchise and be part of the success story. There are many flexible finance packages on the market that allow you to build in the franchise fee, the equipment that goes into the Subway restaurant, the decoration, the shop fitting and most other elements that allow you to open your Subway franchise doors cost effectively, without needing to find tens of thousands of pounds to put down upfront.
Typically, look to an asset finance provider who can offer finance packages for new Subway franchisees, many specialist asset finance brokers will also be able to help regardless of whether you are completely new to franchising or it’s your 30th Subway franchise. Either way, there are several competitive franchise finance packages available for you regardless of your franchising experience or credit rating. Typically, franchise finance packages are available to you over 3-5 years with minimal information required upfront. Look for a franchise finance specialist who has been working in arranging finance for new franchisees for many years, so when you contact them you can rest assured that they have the relevant knowledge to assist you. Franchise finance is a very sensible way to approach your next franchise opportunity, as it gives you the business and equipment you need today whilst allowing you to spread the cost of it over several years.