[ FROM THE FDD ]

Subway's Item 20 shows a net decrease of 729 in its total unit count, franchised and company-owned, over the last reported year. Item 20 breaks the changes down by terminations, non-renewals, reacquisitions, ceased operations and transfers.

Source: FDD Item 20

[ VERIFIED // FDD 2026 ]

Subway

Report based on the 2026 FDD, issued April 30, 2026.

For Subway, the 2026 FDD estimates a total initial investment of $263,000 to $630,000 (Item 7).

Verified: Sep 29, 2026

11 RED FLAGS DETECTED
0/100
MURK SCORE
FRANCHISE SONAR MURK SCORE: OPAQUE(our band for scores 65 to 100)

Does Subway Have Franchise Litigation?

Litigation detected: 24 pending cases, 33 concluded, 3 franchisee-initiated, class action, government order, affiliate government order, affiliate class action.

[ FULL LITIGATION ANALYSIS LOCKED ]

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How Much Does a Subway Franchise Cost?

Royalty RateInitial InvestmentTotal UnitsNet Growth (1Y)

8.0%

percentage of gross sales

$263K to $630K

18,773

-729

Source: FDD Items 6, 7, 20

VERIFIED // CHECKED AGAINST THE FDD

[ RISK_ALERT ]

We found 11 red flags in Subway's FDD.

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We found 11 red flags in Subway's FDD.

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Essential Scan

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Fees, Item 19, outlets, lawsuits, finances

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[ FREQUENTLY ASKED QUESTIONS ]

Franchise Sonar provides independent analysis of franchise disclosure documents (FDDs) filed with state regulators. This is for informational purposes only and is NOT investment advice. Data extracted using automated technology; verify all financial information directly in the official FDD before making decisions. Murk Score measures disclosure completeness, not franchise quality. Subway is a trademark of its respective owner. Franchise Sonar is not affiliated with, endorsed by, or associated with Subway.

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