Franopolis
    vs

    Franchise opportunities compared

    Subway vs The Halal Guys

    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.

    Subway2026 FDDThe Halal Guys2026 FDD

    Initial investment · Item 7

    Subway

    $227,000 – $458,000

    2026 FDD · Item 7

    The Halal Guys

    $509,600

    2026 FDD · Item 7 · PDF p. 31

    Initial franchise fee · Item 5

    Subway

    $15,000

    2026 FDD · Item 5 · PDF p. 29

    The Halal Guys

    $40,000

    2026 FDD · Item 5 · PDF p. 14

    Royalty · Item 6

    Subway

    8%

    2026 FDD · Item 6 · PDF p. 36

    The Halal Guys

    Not available

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Subway discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only The Halal Guys has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Subway

    $227,000 – $458,000
    2026 FDD · Item 7

    The Halal Guys

    $509,600
    5,250 As incurred As incurred Suppliers Delayed Opening Fee (4) See Note 3 Total (5) — 509600
    2026 FDD · Item 7 · PDF p. 31
    Standard initial franchise fee (Item 5)

    Subway

    $15,000
    2026 FDD · Item 5 · PDF p. 29

    The Halal Guys

    $40,000
    2026 FDD · Item 5 · PDF p. 14
    Royalty (Item 6)

    Subway

    8%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 36

    The Halal Guys

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Subway

    4.5%
    Advertising fee — 4.5%
    2026 FDD · Item 6 · PDF p. 36

    The Halal Guys

    2%
    able in your account for withdrawal. S ee N ote 2 . Worldwide Creative Marketing Fee — 2% — 2%
    2026 FDD · Item 6 · PDF p. 16

    System scale & health

    Total outlets (Item 20)

    Subway

    18,773
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 94

    The Halal Guys

    81
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 69
    Net outlet change (Item 20)

    Subway

    −1,360
    Calculated: 20,133 at end of 2023 → 18,773 at end of 2025

    The Halal Guys

    −7
    Calculated: 88 at end of 2023 → 81 at end of 2025
    Outlet exits (Item 20)

    Subway

    Not available
    No complete exit records for a year

    The Halal Guys

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Subway

    Not available
    Not in reviewed records

    The Halal Guys

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Subway

    Not available
    Not in reviewed records

    The Halal Guys

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Subway

    Not disclosed — no Item 19 financial performance representation

    The Halal Guys
    Locations counted not stated in the reviewed record — The Halal Guys Reporting Franchised Restaurants; open full 12 months as of Dece…
    $2,754,772
    other Highest gross revenue: $2,754,771.72
    2026 FDD · Item 19 · PDF p. 69
    Locations counted not stated in the reviewed record — The Halal Guys Reporting Corporate Restaurants; open full 12 months as of Decem…
    $925,595
    other Lowest gross revenue: $925,595.43
    2026 FDD · Item 19 · PDF p. 69

    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.

    Subway vs The Halal Guys: common questions

    Which costs less to open, Subway or The Halal Guys?
    Subway: $227,000 – $458,000 (2026 FDD · Item 7); The Halal Guys: $509,600 (2026 FDD · Item 7 · PDF p. 31). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Subway. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Subway or The Halal Guys?
    Subway: 18,773 (2026 FDD · Item 20 · PDF p. 94); The Halal Guys: 81 (2026 FDD · Item 20 · PDF p. 69). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Subway and The Halal Guys disclose financial performance (Item 19)?
    Subway makes no Item 19 financial performance representation; The Halal Guys has reviewed Item 19 figures for 2 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Subway report

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

    Full The Halal Guys report

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

    Compare Subway with

    Compare The Halal Guys with

    Add a third brand

    Compare up to four side by side

    Explore by brand

    Filter every published report

    FDD glossary

    Plain-language meaning of each Item