Franchise opportunities compared
Graze Craze vs Subway
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Initial investment · Item 7
Graze Craze
$167,059 – $325,608
2025 FDD · Item 7 · PDF p. 28Subway
$227,000 – $458,000
2026 FDD · Item 7Initial franchise fee · Item 5
Graze Craze
Not available
Subway
$15,000
2026 FDD · Item 5 · PDF p. 29Royalty · Item 6
Graze Craze
6%
2025 FDD · Item 6 · PDF p. 20Subway
8%
2026 FDD · Item 6 · PDF p. 36Before you compare
- Graze Craze figures come from its 2025 FDD and Subway figures from its 2026 FDD, so the years differ.
- Subway discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Only neither brand has reviewed Item 19 figures here.
Financial commitment
Graze Craze
SubwayGraze Craze
Subway
Graze Craze
Subway
Graze Craze
Subway
Graze Craze
Subway
System scale & health
Graze Craze
SubwayGraze Craze
Subway
Graze Craze
Subway
Graze Craze
Subway
Graze Craze
Subway
Graze Craze
Subway
Financial performance (Item 19), by location group
Graze CrazeNot disclosed — no Item 19 financial performance representation
SubwayNot disclosed — no Item 19 financial performance representation
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
Graze Craze vs Subway: common questions
- Which costs less to open, Graze Craze or Subway?
- Graze Craze: $167,059 – $325,608 (2025 FDD · Item 7 · PDF p. 28); Subway: $227,000 – $458,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Graze Craze. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do Graze Craze and Subway royalties compare?
- Graze Craze: 6% (2025 FDD · Item 6 · PDF p. 20); Subway: 8% (2026 FDD · Item 6 · PDF p. 36). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Graze Craze or Subway?
- Graze Craze: 90 (2025 FDD · Item 20 · PDF p. 59); Subway: 18,773 (2026 FDD · Item 20 · PDF p. 94). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Graze Craze and Subway disclose financial performance (Item 19)?
- Graze Craze makes no Item 19 financial performance representation; Subway makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching

Full Graze Craze report
Every reviewed fee, Item 19 group, outlet table and territory disclosure

Full Subway report
Every reviewed fee, Item 19 group, outlet table and territory disclosure


