Subway FDD (2026)
This is the most recent Subway Franchise Disclosure Document filed with the Minnesota Department of Commerce. It covers the franchise fee, total startup investment, ongoing royalties, territory, training, and the franchisor's litigation and financial history.
| Brand | Subway |
|---|---|
| Franchisor (legal name) | Doctor's Associates LLC |
| FDD year | 2026 |
| Received by the state | October 29, 2026 |
| Source | Minnesota Department of Commerce, file no. 10792 |
Before you rely on this copy
State-filed copies can be amended after filing. By law, Doctor's Associates LLC must give you its current FDD at least 14 calendar days before you sign a franchise agreement or pay any money. Ask for that copy and compare.
What to read first in the Subway FDD
- Item 7, Estimated Initial Investment: the full range of what it costs to open, not just the franchise fee.
- Item 19, Financial Performance Representations: what owners earn, if Subway chooses to disclose it.
- Item 20, Outlets and Franchisee Information: how many locations opened, closed and changed hands, plus owner contact details.
- Item 21, Financial Statements: whether the franchisor itself is on solid ground.