THE #1

THE #1
FRANCHISE
FRANCHISE
*
*

TEAM WITH
TEAM WITH

WINNING
WINNING

BE PART OF A
BE PART OF A


Fred DeLuca and Dr. Peter Buck
opened the first SUBWAY

restaurant in the city of Bridgeport,
Connecticut, USA, in the summer of
1965. The company was later
incorporated in the name of
Doctors Associates Inc.
The SUBWAY

franchise is the
largest restaurant chain in North
America and is poised to become the
largest restaurant chain in the world.
The SUBWAY

franchise system
places a focus on making great
sandwiches. In fact, it is so great, that
many SUBWAY

customers have
become franchise owners simply
because they believe in the product.




Exceptional growth
With the SUBWAY

franchise
systems outstanding support
structure and operational history,
its no surprise that its growth
continues to break global records.
The SUBWAY

franchise was
ranked the number-one global
franchise among franchises with
worldwide operations in the 2010
Franchise 500

issue of Entrepreneur

magazine, based on research and
analysis of those franchises having
worldwide operations.
The SUBWAY

business goal is
to be the number one restaurant/
store chain in both consumer ranking
and location count in every market
it serves.
In most years, about 70% of new
franchises are purchases by existing
owners.

SUBWAY

is a registered trademark of Doctors Associates Inc.

2010
Doctors Associates Inc. Franchise may be offered by prospectus, through
affiliate companies. Numbers subject to change. Please visit
www.subway.com for the latest restaurant and country counts.

*The SUBWAY

franchise was ranked the number-one global franchise

among franchises with worldwide operations in the 2010 Franchise 500

issue of Entrepreneur

magazine, based on research and analysis of those
franchises having worldwide operations.

More than 33,000 SUBWAY

locations throughout the world

Dcor
The SUBWAY

dcor integrates
the look of natural building
materials - brick, clay, stone -
into the stores and conveys to
customers that SUBWAY

locations are warm and inviting
family dining destinations.

Great food
SUBWAY

Sandwich Artists
begin making customers
sandwiches on a varied selection
of daily baked gourmet breads.
With the option of many
ingredients, the sandwiches are
customized with an array of
meats, cheeses, vegetables,
and lastly topped off with unique
select sauces.


In addition, many food flavors
are brought out by toasting the
sandwiches to perfection, just
the way a customer wants.
Products you will
be proud to serve
The SUBWAY

franchise offers
your customers many great options
to eat a fresh meal, fast.

Think about your customer base
and all the potential consumers
who patronize your business.
Wouldnt the quality of the
SUBWAY

products appeal to
those consumers?

SUBWAY FRESH FIT

Menu*
Caring about the health of
customers shows with the
SUBWAY FRESH FIT

menu that is
low in saturated fat and cholesterol.




*SUBWAY FRESH FIT

menu is currently available in the US, Canada, Australia and New Zealand



The franchisee is responsible for:
Initial franchise fee
Finding locations
Leasehold improvements and
equipment
Hiring employees and operating
restaurants
Paying 8% royalty to the company
and a fee into the advertising fund

The company provides:

Access to formulas
and operational systems
Store design and equipment
ordering guidance
Training program
Operations manual
Representative on-site during opening
Periodic evaluations and ongoing support
Informative publications



Fast Food Category
Category: Most Popular
SUBWAY

= Number 1

Category: Top Service
SUBWAY

= Number 1

Category: Healthy Options
SUBWAY

= Number 1
Category: Top Food
SUBWAY

= Number 2
Category: Top Overall
SUBWAY

= Number 2

Category: Top Facilities
SUBWAY

= Number 3
2010

The AllBusiness
AllStar list is
the most transparent
and interactive
ranking of its kind
and the only such
ranking that lets
would-be franchisees sort and surface
information thats most important to
them. It is also the only list that draws
upon the in-depth financial analysis of our
parent company, Dun and Bradstreet.
SUBWAY

holds the #1 position

on our AllBusiness
AllStar list and is also
the #1 Sandwich Shop Franchise

Given the new realities of cash and
credit, our ranking formula places
particular emphasis on financial strength.
All of our winners have a strong financial
foundation to survive and prosper in
these tough times.
Entrepreneur

The SUBWAY

restaurant chain
has been named the Number 1
franchising for 2010.
The Franchise 500


rankings are the most
comprehensive franchise
rankings in the world and
have considered many
factors, including financial
strength and stability,
growth rate, the size of the
system and start up costs.



Location performance
Generally, the most important
factors for performance are the
location of the franchise and how
well it is run. Because these key
factors are unknown, Doctors
Associates Inc. cannot predict
your results.

In fact, to eliminate possible
misunderstandings, the company
has a policy that no employee or
agent can provide you with
projections as to potential sales,
earnings and profitability.

The best way to get this
information is to complete an
application. After your application
is received, you will receive a letter
with contact details for our Develop-
ment office in your area. Our existing
franchisees will be able to answer
your specific questions.

Support
Franchise World Headquarters,
LLC is proud of the excellent
support systems available to
SUBWAY

franchisees. Ongoing
support is provided before and
after you open your store. As
soon as you join the SUBWAY

team, youll have access to help
to get you started. Once open,
systems are in place to help you
operate your location effectively.

QUESTIONS?
Direct your questions to the
following appropriate regional
SUBWAY

office:

Australia
Brisbane
+61 7 3216 0665

Asia
Singapore
+65 6227 2557
Seoul
+82 279 75 036

Europe
Amsterdam
+31 20 531 7300
Cambridge
+44 122 355 0820
Cologne
+49 221 788 7460
Madrid
+34 913 013 968
Paris
+33 14 198 6003

Latin America
Miami
+1 305-883-3966

Middle East
& South Africa
Beirut
+961 1 999 663

www.subway.com
US & Canada
1.800.888.4848

All other countries
1.203.877.4281

Before you open:
Training
You and your designee or
manager will take part in our
intensive two-week program.
Restaurant/Store design
You will be provided with floor
plans for your specific location.
Site selection
You will be assisted in evaluating
the location for your business.
Equipment ordering
You will receive guidance on
ordering your equipment
package for timely delivery.

After you open:
Operations manual
SUBWAY

restaurants in-depth
manual covers a full range of
topics important to running
your business.
Field support
Your local representative will
help you get started and provide
ongoing operational evaluations.
Franchisee services
A Coordinator will serve as your
main contact person, who is just
a phone call or e-mail away.
R&D
SUBWAY

franchise executive
chef, baking specialists, staff
nutritionist, and product
development team continually
strive to make our excellent
food even better.
Continuing education
Regular newsletters, e-mails and
voice-mails, DVDs and additional
learning tools are also available.
The SUBWAY

chain constantly
strives to make SUBWAY

restaurants and operations more
environmentally and socially
responsible. This is achieved by
conducting business in a way that
creates profit for franchisees while
minimizing the impact the business
has on the environment and to
improve the lives of SUBWAY

customers, employees, franchisees,
vendors and global communities.
Did you know . . .
The SUBWAY

company works on
sustainable initiatives to improve the
entire world-wide organization with
a focus on energy efficiency, water
and resource conservation, and waste
reduction, as well as continuing to focus
on food quality and food safety.

In the US, the sustainable initiatives
undertaken by the SUBWAY

brand together with vendors have
eliminated 122,112 metric tons of
greenhouse gas (GHG) emissions
over the last 3 years. Since August
2006, SUBWAY

restaurants with
low-flow sink aerators have saved
41 million gallons of water annually.
To reduce the environmental
footprint of the waste stream, the
SUBWAY

chain is committed to
eliminating unnecessary packaging.
SUBWAY

restaurants use napkins,
gift cards, take-out menus, towels,
tissues, sandwich wrap, paper hot
cups, and salad containers that
contain recycled content.

SUBWAY

Headquarters continues to
work with suppliers to improve the
nutritional content of the food
served. All artificial trans fats from
core products have been eliminated.
In the US, the milk and yogurt offered
are 100% hormone free and the
chicken and turkey are antibiotic and
hormone free.
Eat Fresh Live Green



STEP 1

Apply
Simply complete the application
included in this brochure and mail
in the enclosed Reply Paid Envelope
to Subway Systems Australia Pty Ltd.

A letter will be sent to you that
includes contact details for a
Development Agent in your area.
To speed up the process, you can
also complete the application online
at www.subway.com/apply.
STEP 2

Research
Talk to our franchise owners to
learn more about us. Ask them why
they chose the SUBWAY

franchise. Visit the locations, enjoy
the great food and imagine what it
would be like to join our terrific
team.
STEP 3

Join the team
Its as easy as that. Once you have
finished your investigation and have
secured approval to become a
SUBWAY

franchise owner, dont

wait. Theres a world of opportunity
waiting for you once you make your
decision. Were looking forward to
hearing from you soon!
The next steps



Franchise Capital Requirements
The SUBWAY

franchise has some of the lowest

start-up costs in the industry. Your complete
investment will depend on your location, size, and
the extent of renovations required. There are
traditional and non-traditional locations for
SUBWAY

franchises. A traditional restaurant is

one you see in a shopping center or on the
street corner. A non-traditional restaurant is a
store located in an airport, hospital, truck stop,
college, bus terminal, or other sites associated
with another business. The non-traditional
locations are usually owned by existing
franchisees that have proven to be very successful
with the SUBWAY

system. If you own a location

such as a convenience store, or any non-
traditional site, you may have the opportunity
to buy a franchise for that location. Capital
requirements for your area can be found online
at www.subway.com.
The estimated costs to the right, represent a
wide range of possible locations throughout the
world. Remember that costs will vary in relation
to the physical size of the restaurant. A lower
cost restaurant is one that would require fewer
leasehold improvements, less seating and fewer
equipment expenditures. Moderate and higher
costs restaurants may require extensive interior
renovations, extensive seating and additional
equipment.
If you are purchasing a franchise for a location
opportunity, such as a non-traditional, or school
lunch program location, the listed
capital requirements may vary and could be
substantially lower depending upon the
necessary equipment you must acquire or
changes in leasehold improvements you must
make.
Also note that the figures listed do not include
extensive exterior renovations.


GENERAL BREAKDOWN FOR:
INITIAL FRANCHISE FEE
$10,000 - $15,000 (Depending on country*)

REAL PROPERTY
$2,000 - $24,000
LEASEHOLD IMPROVEMENTS
$12,000 - $143,000
EQUIPMENT HIRE-PURCHASE
SECURITY DEPOSIT
$3,000 - $65,000
SECURITY SYSTEM
(Not including monitoring costs)
$1,000 - $7,500
FREIGHT CHARGES
(Varies by location)
OUTSIDE SIGNS
$1,200 - $21,000
OPENING INVENTORY
$2,500 - $10,000
INSURANCE
$400 - $4,000
SUPPLIES
$500 - $3,500
TRAINING EXPENSES
(Including travel and lodging)
$2,000 - $7,000
LEGAL & ACCOUNTING
$400 - $8,000
OPENING ADVERTISEMENT
$1,000 - $6,000
MISC. EXPENSES
(Business licenses, utility deposits, small equip. & surplus capital)
$1,600 - $20,000
ADDITIONAL FUNDS - 3 MONTHS
$7,800 - $43,000
ESTIMATED TOTAL INVESTMENT
$92,000 - $315,000 +
THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENT IN
SETTING UP A SUBWAY

RESTAURANT AND OPERATING IT FOR
3 MONTHS. IT IS POSSIBLE TO EXCEED COSTS IN ANY OF THE AREAS
LISTED. FINAL COSTS WILL DEPEND ON LOCATION, AMOUNT OF
RENOVATIONS, ETC. TO SEE MORE DETAILS,
COMPLETE APPLICATION TO RECEIVE DISCLOSURE DOCUMENT
*US and Canada Franchise Fee = $15,000



Worldwide Development Agent Opportunities
Company Values
Family: We build our business relationships
by serving each other, our customers and our
communities, much as we do within our own
families.
Teamwork: We challenge ourselves and
each other to succeed through teamwork,
against shared goals and to be accountable for
our responsibilities.
Opportunity: We create an entrepreneu-
rial, ever growing SUBWAY

community, in-
creasing the opportunity for everyone.
Qualities of a successful
SUBWAY

Development Agent:
Excellent leadership capabilities
Vision for the future of the SUBWAY

brand
and restaurant development
Passion for the SUBWAY

brand
Local market knowledge
Excellent communication skills
Determination to lead a successful territory
Excellent organizational skills
To find out more about which countries are looking for Development Agents and to express interest in becoming
a Development Agent, contact Crystal Babcock E-mail: babcock_c@subway.com Or telephone: 1.203.877.4281 x 1700
Company Vision
Be the #1 Quick Service Restaurant chain in the world.
Company Mission
Delight every customer so that they want to
tell their friends; with great value through
fresh, delicious made-to-order sandwiches and
an exceptional experience.
Development Agents Role
A Development Agent is an independent
contractor who sees the big picture. When
approved, the DA develops a territory by
helping franchisees own and operate SUBWAY

restaurants in that territory.
A Development Agent works to build franchise sales by building on the SUBWAY

internationally recognized brand. Several areas

around the world need Development Agents and if you are 1.) willing to live in that country full time or have a partner who will, and
2.) have franchisee experience, you may be the Development Agent that the SUBWAY

system needs now.

Self Employed Employed by ____________________________________________
No. Years___________ Nature of Business________________________________________
Title _________________________Describe Position__________________________________
Address________________________________________________________________________
City_________________________State/Province________Postal Code________Country
Telephone (Bus.) ________________________Telephone (Alt.)____________________________

Excluding any financing listed below
Area code / country & city code Area code / country & city code
_____________________________________________________________________________
_____________________________________________________________________________
______________________________________________________________________________

Area code / country & city code Area code / country & city code Area code / country & city code
Date____________ Where did you hear about the SUBWAY

franchise?____________________________________________
Date_______________ Where did you hear about the SUBWAY franchise?________________________________________
Name_________________________________________ Citizen of________________ Permanent Resident of
Date of Birth______________ Drivers Licence Number*________________________________ Gender Male Female
Other names you are known by ______________________________ Are you of legal age? Yes No



Telephone (Home) _______________________________ (Fax) ___________________ (Mobile) _______________________
Residence Address ______________________________________________Apartment/Suite__________________________
City State Postal Code______________
Country __________________________________Email address_____________________________________________________
YOUR PERSONAL INFORMATION
Have you ever been
convicted of a felony
or its equivalent?
Yes No
Have you ever been associated
directly or indirectly
with terrorist activities?
Yes No
Has a judgment been filed against you
or have you been involved
in any litigation proceeding
within the last 5 years?
Yes No
(If yes, on a separate sheet of paper provide
the following for each proceeding: names of
the parties involved, date filed, court where
filed and nature of the proceeding.)

Spouses Name_________________________________ Citizen of_______________ Permanent Resident of
Date of Birth___________ Drivers Licence Number* Gender Male Female
Other names known by ________________________________Are you of legal age in your State/Residence Area? Yes No


SPOUSE PERSONAL INFORMATION (Use a Separate Application for Partners)
Have you ever been associated
directly or indirectly
with terrorist activities?

Has a judgment been filed against you
or have you been involved in any
litigation proceeding within the
last 5 years?
Yes No
(If yes, on a separate sheet of paper provide
the following for each proceeding: names of
the parties involved, date filed, court where
filed and nature of the proceeding.)



Highest Education Achieved Schools Attended Years Grade or Degree Attained
College/Uni Degree or higher
Some College eg. TAFE
High School
Didnt Complete High School

EDUCATIONAL BACKGROUND
BUSINESS INFORMATION (Complete All Questions)
Select Your Business Experience Level

Restaurant Management
Other Business Management
Restaurant Non Management
No Business Experience
May we contact you at work? Yes No

List all restaurants & food service businesses
in which you have an ownership interest:

Income from current occupation $________________/year
Income from other sources $________________/year
Please explain other income_________________________
Personal Bank(s)/Branch Address
________________________________________________
________________________________________________
________________________________________________
FINANCIAL INFORMATION (Please List Figures in Australian Dollars)
Individual Liquid Assets (Cash, Stocks, etc.) a)___________ *
Individual Fixed Assets (Home, Car, etc.) b)___________ *
Individual Total Assets (a + b) c)___________ *
Individual Liabilities (Mortgages, Loans, etc.) d)____________ *
Your Individual Total Net Worth (c - d) e)_____________*

Would this business by your sole income source? Yes No
Is there other financing not included in (e) above? Yes No
If yes, how much financing is available? _______________*

APPLICATION 2010 Doctor's Associates Inc.
*Optional for additional information purposes but required to begin the process of the purchase and transfer of an existing location. Also note: it will be required prior to the purchase of a new franchise.
SUBWAY

is a registered trademark of Doctors Associates Inc. 2010 Doctors Associates Inc.

Yes No


First/Given Last/Surname Country Country

Have you ever been
convicted of a felony
or its equivalent?
Yes No
Application for Additional Information
In addition to requesting additional information, this application is used for purchasing a new franchise, an
additional franchise, or the purchase and transfer of an existing store. The filing of this form does not obligate
the applicant to purchase or the franchisor to sell a franchise or location.
Complete in full and do not use abbreviations. Please print clearly or type.
O
F
F
I
C
E


U
S
E



O
N
L
Y

DA Name ______________
DA # __________________
Sales Manager __________
Disclosed Date __________


SUBWAY

is a registered trademark of Doctors Associates Inc. 2010 Doctors Associates Inc.



REFERENCES (Excluding Relatives)
PARTNERS (All partners should fill out a separate application)
RESTAURANT OPERATIONS
Name Address Telephone (area/country & city code)

% Ownership First Last Middle Initial
Partners Name_______________________________________________ Active Silent _______________ Male Female
Will you have partner(s)? Yes No If not, you may skip this section. Otherwise, please complete all relevant sections below:
Partners Name_______________________________________________ Active Silent _______________ Male Female
Partners Name_______________________________________________ Active Silent _______________ Male Female
Partners Name_______________________________________________ Active Silent _______________ Male Female
To include a partners financial information, ensure they complete a separate Application for Additional Information

If qualified, when will you
invest in a franchise?
Now
Within 6 months
6 months to 1 year
More than 1 year

How involved will you be in
operating the restaurant?

0% Not involved at all
50% Somewhat involved
100% Completely involved

In what country would you like to open your SUBWAY restaurant?:
(If different from your country of residence**)


Preferred Geographic Franchise Area

Estimated training date should you choose to invest: ____________________________
Submit your completed
application in one of the 3
convenient ways listed:
Online: - at http://www.subway.com/apply
By Fax: - to + 61-7-3852 4081
By Mail: - to Attn: Franchise Sales, Subway Systems Australia, PO Box 313, Fortitude Valley, QLD 4006 Australia
APPLICATION 2010 Doctor's Associates Inc.
I understand that the granting of a franchise is at the sole discretion of the Franchisor (Doctors Associates Inc., Subway Franchise Systems of Canada, Ltd., Subway International, B.V, Subway Systems do Brasil Ltda.,
Subway Partners Colombia, C.V., Subway systems India, Private Limited, Sandwich and Salad Franchises of South Africa, (Pty) Ltd, Subway Systems Australia, Pty. Ltd. or its affiliate).
I understand that any information I receive from the Franchisor or from any employee, agent or franchisee of the Franchisor or its affiliate is highly confidential (Confidential Information), has been developed with a great deal
of effort and expense to the Franchisor, and is being made available to me solely because of this application. I agree that I shall treat and maintain all Confidential Information as confidential, and I shall not, at any time,
without the express written consent of the Franchisor, disclose, publish, or divulge any Confidential Information to any person, firm, corporation or other entity, or use any Confidential Information, directly or indirectly, for my
own benefit or the benefit of any person, firm, corporation or other entity, other than for the benefit of the Franchisor.
I authorize the Franchisor or its degree to procure an investigative consumer report, a general background search and an investigation in accordance with anti-terrorism legislation, such as the USA Patriot Act and Executive
Order 13224 enacted by the US Government (collectively referred to as Investigations). I understand that these Investigations may reveal information about my background, character, general reputation, mode of living,
association with other individuals or entities, creditworthiness, litigation history and job performance (collectively referred to as Investigation Data). I understand that, upon written request, within a reasonable period of time, I
am entitled to additional information concerning the nature and scope of these Investigations. I hereby release any representative of the Franchisor of its affiliate, a credit bureau, security consultant or other investigative
service provider selected by the Franchisor, its affiliates, officers, agents, employees, and/or servants (collectively referred to as the Investigator) from any liability arising from the preparation of these Investigations.
This authorisation for release of information includes but is not limited to matters of opinion relating to Investigation Data. I authorise all persons, schools, companies, corporations, credit bureaus, law enforcement agencies or
other investigation service providers to release such information without restriction or qualification to the Investigator. I voluntarily waive all recourse and release them from liability for complying with this authorisation. This
authorization/release shall apply to this as well as any future request for these Investigations by the above named individuals or entities. I authorise that a photocopy or facsimile of this release be considered as valid as the
original.
US, PUERTO RICO, GUAM AND CANADA
**In order to purchase a SUBWAY franchise in the US, the franchisee must be a citizen or permanent resident of the US. In order to purchase a SUBWAY franchise in Canada, the franchisee must be a citizen or
permanent resident of Canada.
I agree that I will settle any and all previously unasserted claims, disputes or controversies arising out of or relation to my application or candidacy for the grant of a SUBWAY franchise from Franchisor, pursuant to the laws
of Connecticut, USA* and by binding arbitration only. The arbitration shall be administered by an arbitration agency, such as the American Arbitration Association (AAA) or the American Dispute Resolution Centre, in
accordance with its administrative rules including, as applicable, the Commercial Rules of the AAA and under the Expedited Procedures of such rules or under the Optional Rules For Emergency Measures of Protection of the
AAA. I agree that arbitration will be held in Bridgeport, Connecticut, USA+, conducted in English and decided by a single arbitrator.
* If I am a resident of Canada, Ontario laws will apply, unless I am a resident of Alberta or Prince Edward Island, in which case local provincial law will apply.
+ If I am a resident of Ontario, I agree that Arbitration will be held under the Ontario Arbitrations Act in Toronto, Ontario, Canada. If I am a resident of Alberta, I agree that arbitration will be held under the Alberta Arbitrations
Act in Calgary, Alberta. If I am a resident of Prince Edward Island, I agree that arbitration will be held under the Prince Edward Island Arbitration Act, in Charlottetown, Prince Edward Island.
EUROPE, LATIN AMERICA, US VIRGIN ISLANDS, ASIA, SOUTH AFRICA, MIDDLE EAST, AUSTRALIA AND NEW ZEALAND
I agree that I will settle any and all previously unasserted claims, disputes or controversies arising out of or relating to my application or candidacy for the grant of a SUBWAY

franchise from Franchisor (the Dispute),

pursuant to the laws of Liechtenstein* and by binding arbitration only. The arbitration will be held in accordance with the United Nations Commission on International Trade Practices and Law (UNCITRAL) Arbitration Rules
administered by an arbitration agency, such as the International Centre for Dispute Resolution, an affiliate of the American Arbitration Association. I agree that arbitration will be held in New York, New York, USA+, conducted
in English and decided by a single arbitrator.
* If I am a resident of Germany, the Netherlands law will apply. If I am a resident of Brazil, Colombia, Ecuador, Mexico, Egypt, India, the Philippines or Thailand, local laws will apply. If I am a resident of South Africa, the laws
of Connecticut, USA will apply. If I am a resident of Australia, the laws of Queensland will apply.
+ If I am a resident of Argentina, Austria, Belgium, Brazil, Colombia, Ecuador, Egypt, Liechtenstein, or Thailand, arbitration will be held in my country. If I am a resident of Australia, I agree to non-binding mediation of the
Dispute prior to filing for arbitration, which will be conducted in Australia under the auspices of a mediation service from my State or Territory that the Franchisor and I mutually agree upon. If I am a resident of Brazil,
arbitration will be administered by the Mediation and Arbitration Chamber of So Paulo. If I am a resident of Germany, arbitration will be held in the Netherlands. If I am a resident of South Africa, arbitration will be held in
Connecticut, USA. I further agree that if the Dispute is not resolved through the mediation process, arbitration will be held in Queensland under the UNCITRAL Arbitration Rules to be administered by an arbitration association,
such as the American Arbitration Association or the Institute of Arbitrators and Mediators Australia.
Everything that I have stated in this application is true and I understand that the information provided by me will be replied upon the Franchisor. In accordance with anti-terrorist legislation, I understand that I will not be
approved to purchase a franchise if I have ever been a suspected terrorist or associated directly or indirectly with terrorist activities. I read, understand, and agree to all of the above. Additionally, I understand that the
Franchisor may require me to pass a standardized Math and English exam. I understand that I will be required to provide proof of amounts listed as Liquid Assets above by providing copies of my bank statements for the past
six (6) months as verification.
Date_________________________ Applicants Signature (required) ________________________________________________________________________

Date_________________________ Spouses Signature (required)__________________________________________________________________________

The costs, which do
not include any
taxes, sales
taxes/GST are
estimated at:
Lower Cost Moderate Cost Higher Cost
Australia $230,500 $301,000 $385,500
GENERAL BREAKDOWN FOR:
LOWER
COST
MODERATE
COST
HIGER
COST
INITIAL FRANCHISE FEE $15,000 $15,000 $15,000
REAL PROPERTY ** $6,000 $9,000 $15,000
LEASEHOLD IMPROVEMENTS $103,000 $123,000 $143,000
EQUIPMENT HIRE-PURCHASE SECURITY DEPOSIT *** $3,000 $3,000 $3,000
SECURITY SYSTEM
(Not including monitoring costs)
$2,000 $4,000 $7,500
FREIGHT CHARGES
(Varied by location)
$3,000 $4,500 $6,000
OUTSIDE SIGNS $10,000 $15,000 $21,000
OPENING INVENTORY $6,000 $8,000 $10,000
INSURANCE $2,500 $3,500 $4,000
SUPPLIES $500 $2,000 $3,500
TRAINING EXPENSES
(Including travel and lodging)
$2,500 $3,000 $5,000
LEGAL & ACCOUNTING $3,500 $5,000 $8,000
OPENING ADVERTISMENT $1,000 $2,000 $2,500
MISC. EXPENSES
(Business licenses, utility deposits, small equip. & surplus capital)
$10,000 $17,000 $20,000
ADDITIONAL FUNDS 3 MONTHS $10,000 $25,000 $50,000
ESTIMATED TOTAL INVESTMENT *** $178,500 $239,000 $313,500
** This amount is the estimated deposit of 2 months rent payable on signing the Intent to Sublease (Does not include key money).
***If you do not select the equipment leasing program or it is not available, you should substitute the Equipment Hire-Purchase Security Deposit with
$55,000 to $75,000 Australian (including buffer 5%). The amount of additional funds for the 3 months operating expenses would also be adjusted to
reflect that you will not have to make 3 monthly equipment lease payments. This will cause your total initial investment to b
(Refer to graph below.)
AUSTRALIA
Effective as of 01/2009
AUS Dollars
Franchise Capital Requirements
THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENTIN SETTING UP A SUBWAY RESTAURANT AND OPERATING IT FOR 3 MONTHS. IT IS

Some costs will vary in relation to the physical size of the restaurant. A lower cost restaurant is one that would require fewer leasehold improvements, less seating and
extensive seating and additional equipment. If you are purchasing a franchise for another location opportunity, such as a non
necessary equipment you must acquire or changes in leasehold improvements you must make. The above figures do not include ext
METHOD/
WHEN DUE

GENERAL BREAKDOWN FOR:
LOWER
COST
LUMP SUM
Upon signing the Franchise Agreement

INITIAL FRANCHISE FEE $15,000
LUMP SUM
Upon signing intent to Sublease

REAL PROPERTY ** $2,000
AS INCURRED
Pro rata during construction

LEASEHOLD IMPROVEMENTS $59,500
LUMP SUM
Before equipment is ordered

EQUIPMENT HIRE-PURCHASE SECURITY DEPOSIT *** $4,500
LUMP SUM
When you place order

SECURITY SYSTEM
(Not including monitoring costs)
$2,000
LUMP SUM
When you place order or on delivery

FREIGHT CHARGES
(Varied by location)
$3,000
LUMP SUM
When you place order

OUTSIDE SIGNS $2,000
LUMP SUM
Within one week of opening

OPENING INVENTORY $4,000
AS INCURRED
Before opening

INSURANCE $800
AS INCURRED
Before opening

SUPPLIES $500
AS INCURRED
During training

TRAINING EXPENSES
(Including travel and lodging)
$2,000
LUMP SUM
Before opening

LEGAL & ACCOUNTING $1,000
LUMP SUM
Around opening

OPENING ADVERTISMENT $2,500
AS INCURRED
As required

MISC. EXPENSES
(Business licenses, utility deposits, small equip. & surplus capital)
$4,000
LUMP SUM
As required

ADDITIONAL FUNDS 3 MONTHS $12,000


ESTIMATED TOTAL INVESTMENT *** $114,800
on signing the Intent to Sublease (Does not include key money).
Purchase Security Deposit with
buffer 5%). The amount of additional funds for the 3 months operating expenses would also be adjusted to
reflect that you will not have to make 3 monthly equipment lease payments. This will cause your total initial investment to be substantially higher.
Franchise Capital Requirements
Traditional Restaurants
THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENTIN SETTING UP A SUBWAY RESTAURANT AND OPERATING IT FOR 3 MONTHS. IT IS POSSIBLE TO EXCEED COSTS IN ANY OF THE AREAS LISTED ABOVE
cal size of the restaurant. A lower cost restaurant is one that would require fewer leasehold improvements, less seating and fewer equipment expenditures. Moderate and higher cost restaurants may require extensive interior renovations,
d additional equipment. If you are purchasing a franchise for another location opportunity, such as a non-traditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substant
necessary equipment you must acquire or changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations.
** This amount is the estimated deposit of 2 months rent payable on signing the Intent to Sublease.
***If you do not select the equipment leasing program or it is not available, you should substitute the Equipment Lease Secur
SUBWAY is a registered trademark o
MODERATE
COST
HIGER
COST
METHOD/
WHEN DUE
$15,000 $15,000
LUMP SUM
Upon signing the Franchise Agreement
$5,000 $12,000
LUMP SUM
Upon signing intent to Sublease
$102,100 $134,500
AS INCURRED
Pro rata during construction
$6,500 $7,500
LUMP SUM
Before equipment is ordered
$3,500 $6,000
LUMP SUM
When you place order
$3,750 $4,500
LUMP SUM
When you place order or on delivery
$4,000 $8,000
LUMP SUM
When you place order
$4,750 $5,500
LUMP SUM
Within one week of opening
$1,500 $2,500
AS INCURRED
Before opening
$900 $1,300
AS INCURRED
Before opening
$3,000 $4,000
AS INCURRED
During training
$2,000 $3,500
LUMP SUM
Before opening
$3,250 $4,000
LUMP SUM
Around opening
$6,000 $8,000
AS INCURRED
As required
$26,000 $42,000
LUMP SUM
As required
$187,250 $258,300

USA / NEW ZEALAND
Effective as of 04/2010
US Dollars
OSSIBLE TO EXCEED COSTS IN ANY OF THE AREAS LISTED ABOVE
fewer equipment expenditures. Moderate and higher cost restaurants may require extensive interior renovations,
traditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending on the
the Intent to Sublease.
***If you do not select the equipment leasing program or it is not available, you should substitute the Equipment Lease Security Deposit with $49,500 to $72,000.
SUBWAY is a registered trademark of Doctors Associates Inc.
I grew up on SUBWAY

while living in the village of Manotick, Ontario, and after working at the local store first as a
sandwich artist and then Store Manager, I soon realized that the concept and the brand itself had great potential.
After indentifying the UK & Ireland as an untapped market back in 1997, I decided to move to England to become a
Franchisee & Development Agent. The quality of the product and the level of customer service that SUBWAY

provides
was exactly what was needed in this marketplace, and SUBWAY

soon became one of the top food service providers on

the High Street. With the assistance of my sister, Andrea Fleck, I am responsible for the development of the SUBWAY

chain within the Five Counties. Now totaling 60 stores, SUBWAY

is the largest QSR in the Five Counties, of which we

are the proud owners of two stores. The SUBWAY

chain provides the product, structure, and support that is required to

assist their Franchisees to reach their goals. James Alexander Fleck, DA England, 2 Franchises

We have gotten what we have always wanted: To operate our own business and to use our skills and hard
work to make a profit for ourselves. The operation of the SUBWAY

restaurant requires an investment of

intensive work, love, and care, but it pays back as the restaurant becomes better and more profitable. We
could not succeed in operating our own successful business without the support and the know-how of the
SUBWAY

system and the knowledge-sharing with the SUBWAY

staff and colleagues.

Yael and Eitan Berenblum, Franchisees, Australia, 13 franchises
Im a Chef by profession and have worked as such for over 20 years in restaurants and hotels in Europe. We were so confident
of the SUBWAY

restaurants franchise that we sold all our properties in Iceland to open our first SUBWAY

store in July 1999

in Benidorm, Spain. We opened our second store in 2001 and in 2004 I became the second DA in Spain. The third store came
in 2006 and now we are opening our fourth store, all in Benidorm. I now have 10 stores open in my territory and things are
looking bright for SUBWAY

stores and franchisees in Comunidad Valenciana.

Helgi B Helgason, DA Spain, 6 franchises
NOTABLE GLOBAL QUOTABLES
After working in the SUBWAY

system for seven years as an employee, first as a sandwich artist and eventually as a
store manager, all while in college - I had the chance to work as an Area Supervisor for a multi-unit owner. I witnessed
firsthand how the SUBWAY

franchise is such a great opportunity. When I was offered the chance to buy five
restaurants and become a multi-unit owner myself, it was a dream come true. Eight years later, I own 12 restaurants and
am the chairman of the local SFAFT board. The SUBWAY

system has been a very lucrative and exciting business to be

part of. It has made all of my financial and personal goals a reality, while at the same time, I enjoy a quality lifestyle.
Brad Harris, Franchisee, Denver, Colorado, 12 franchises

I purchased my first SUBWAY

store in Poole in March, 2005, and by June 2007, I had opened my fourth store in the
town. A few months later, I was proud to be awarded the coveted title of Franchisee of the Year for the UK and Ireland at
the SUBWAY

chains 2007 annual convention in Florida. The award means a great deal to me as it recognises the fact
that my staff and I run a successful business that not only increases the chains brand recognition, but
serves our community as well. I credit my success to believing passionately in the SUBWAY

brand and its

offering.
Paul Jackson, Franchisee, UK, 9 franchises
If you want to have an interesting life then SUBWAY

is the right choice. The franchise not only follows successful brand
rules, but it also allows you to attain your own potential. SUBWAY

isnt just a job it is a lifestyle.

Petra Grossova, Franchisee, Prague, Czech Republic, 2 restaurants
I lived in Michigan as a teenager and I especially enjoyed meals at SUBWAY

. When my family decided to return to

Poland, I was missing my favourite restaurant. Then, after several business projects and brushing up on my Polish, I
decided to establish SUBWAY

in Poland. In 1999, I passed the franchise training. I opened up the first restaurant in Poland
in 2000. It was a success and I opened up the next two restaurants. I intend to open up others because I can see that the
popularity of this brand is growing. It is a very interesting job because we create new quality of meals and new customs.
Because our sandwiches are fantastic and people like them freshly prepared before their eyes, SUBWAY

will expand in the

Central Europe area.
Michael Moritz, Franchisee, Warsaw, Poland - 5 restaurants


PRIVACY STATEMENT
Subway Systems Australia Pty Ltd
ACN 009 277 034
ABN 79 009 277 034
Legal Information
This Privacy Policy discloses how Subway Systems Australia Pty Ltd (SSA or we or us) collects, protects, uses and shares
Personal Information gathered about you, in conformance with the Australian Privacy Act 1998 (Cth), as amended (Privacy
Act), including the National Privacy Principles. In an effort to comply with the law, and our commitment to protect your Personal
Information, we provide the following information, which discloses our policies with respect to Personal Information. Please
note that this Privacy Policy does not govern the privacy policies and procedures of SSAs independently owned and operated
SUBWAY stores.
What type of information do we collect?
Personal Information is defined as any information or an opinion about an individual which may cause an individuals identity to
be apparent or known. An identifiable person is one who can be identified, directly or indirectly, by reference to an identification
number or to one or more factors specific to his physical, physiological, mental, economic, cultural or social identity.
Personal Information shall include but is not limited to: identifying information such as name, home address, home telephone
number, e-mail address, Tax File Number, financial information and employment-related information such as may be found on
resumes, applications, background verification information, or in employment references.
We will not collect sensitive Personal Information except to comply with Affirmative Action data requirements. Sensitive Personal
Information can include but is not limited to: information pertaining to gender, disabilities and veteran status.
Cookies Internet Users
In addition to Personal Information, we use data collection devices such as cookies on certain web pages to help analyze our
web page flow and measure promotional effectiveness. Cookies are pieces of information a website sends to an individuals hard
drive while they are viewing the website. Cookies allow the website to remember important information that will make your visit to
the site more useful. We use cookies to help improve your future visits. If you do not wish to receive a cookie or if you wish to set
your browser to warn you each time a cookie is being sent, or if you wish to turn off all cookies, use the options on your browser
to assist you. The Help option on your browser may assist you in changing your cookie preferences. Please note that by turning
cookies off, you will not have access to many features available on our website.
Our Use of Your Information
We use your Personal Information to facilitate the services you request. We have tailored our Privacy Policy to adequately inform
you of the use of your Personal Information.
Collection and Use of Employee Personal Information
SSA collects Personal Information from its employees and applicants (human resource data) in connection with administration of
its Human Resources programs and functions. These programs and functions include, but are not limited to: job applications and
hiring programs, compensation and benefit programs, performance appraisals, training, access to SSA and its affiliates facilities
and computer networks, employee profiles, internal intranet employee directories, Human Resource recordkeeping, and other
employment related purposes.
It is the policy of SSA to keep all past and present employee information private from disclosure to third parties, except for our
affiliate Doctors Associates Inc. (DAI), who provides various Human Resource functions to SSA pursuant to a service contract.
There are certain business related exceptions and they are:
1. To comply with local, state or federal agency requests;
2. Inquiries from third parties with a signed authorization from the employee to release the information, except in situations where
limited verbal verifications are acceptable (see below);
3. Third parties with which SSA has contractual agreements to assist in administration of company sponsored benefits.
Verifications of Employment
Prospective employers, state agencies, financial institutions, and residential property managers routinely contact SSA requesting
information on a former or current employees work history and salary. All such requests of this type shall be referred to and
completed on a confidential basis by the Human Resources Department or Payroll Department.
For written verification of employment requests, information will be provided on the form only when it is accompanied by an
employees signed authorization to release information. The form will be returned directly to the requesting party and filed as part
of the Human Resources or Payroll Departments confidential records.
Collection and Use of Customer Information
SSA will not collect customer Personal Information, unless the customer contacts SSA directly or otherwise consents to the
collection of the same. In order to adequately address a customers concern, their Personal Information may be shared with the
area Development Agent and franchisee. Development Agents assist with franchise sales, site location, training and provide
operational assistance to franchisees. Failure to provide necessary information may prevent SSA from fully addressing any
customer concerns.
If you are a participant in the Online SUBWAY Store, we ask for contact information, name, shipping address, phone number,
and e-mail address. In the future, we may use this information to contact you regarding products or promotions, as well as other
products and services which may be of interest to you. At any time you may opt out of future contacts by un-subscribing from our
database or contacting the Privacy Officer.
Collection and Use of Franchisee and Prospective Franchisee Information
By applying to become a SUBWAY franchisee, a prospective franchisee consents to the collection, use, and disclosure of
Personal Information in accordance with the following terms and conditions. We collect and use Personal Information in order
to assist a prospective franchisee in applying to become a SUBWAY restaurant franchisee and to assist SSA in selecting
franchisee candidates.
Personal Information collected from prospective franchisees includes, but is not limited to: name, address, telephone number,
facsimile number, email address, date of birth, citizenship, educational background, criminal background, bank account
information for Electronic Funds Transfer, financial statement, litigation history, and taxpayer identification number. Failure to
provide requested Personal Information may negatively impact a prospective franchisees ability to become a franchisee. Once
a prospective franchisee becomes a franchisee, they may then reference themselves by their Franchise Agreement Number. In
order to better service franchisees, a franchisees Personal Information may be shared between SSA and its affiliates, pursuant
to service contracts between them.
A franchisee and prospective franchisees information may be shared with the Development Agent in their area. A Development
Agent is an independent contractor of SSA or one of its affiliates. Development Agents assist with franchise sales, site location,
training and provide operational assistance. Development Agents also make recommendations as to whether a prospective
franchisee in their territory should be granted a franchise. The Development Agent may use this information to: address a
franchisees concerns in a customer complaint, respond to a franchisees inquires for franchise sales, and any other inquiry which
may require a response.
SSA will also share Personal Information in order to service franchisee leasing needs and related administrative functions.
Franchisee Personal Information may be shared during store transfers.
SSA will share franchisee Personal Information with its affiliate and owner of the trademark and SUBWAY system, Doctors
Associates Inc. (DAI), in order to provide, service, protect and market the SUBWAY system. SSA or DAI may also disclose
Personal Information to other companies, cooperatives or individuals who we or DAI provide any service to or assist us or DAI in
providing or performing functions relating to the SUBWAY system (for example, including but not limited to: Subway Realty Pty
Ltd ABN 55 009 277 374 (SRPL) and Subway Real Estate Corporation (SREC), which provide or service franchisee leasing
needs; Subway International B.V. (SIBV) who SSA and DAI assist in providing or performing functions and services relating to the
SUBWAY system; the Independent Purchasing Co-operative (IPC) and Independent Purchasing Company (Australasia) Ltd
ABN 18 082 169 060 (IPCA) who assist us and franchisees with purchasing and supply arrangements relating to the SUBWAY
system; and Subway Franchisee Advertising Fund of Australia Pty Ltd ABN 21 071 190 317 (Australian SFAF) and the chain-
wide Subway Franchise Advertising Fund Trust (SFAFT), which provide advertising services to member stores/restaurants).
Finally, upon becoming a SUBWAY franchisee you consent to SSA disclosing former or past franchisee contact information
including Personal Information in its Disclosure Document, as required by law, unless you advise our Privacy Officer in writing,
either by email or regular mail received, of your desire to not have your details or contact information disclosed when you sell or
transfer your SUBWAY store, or exit the SUBWAY system (whether by termination or otherwise). To contact the Privacy Officer,
please see the section provided below entitled Contact Information.
Collection and Use of Development Agent Information
By applying to become a SUBWAY Development Agent, a Development Agent applicant consents to the collection, use and
disclosure of Personal Information in accordance with the following terms and conditions. We collect and use information in order
to assist you in applying, and evaluating you to become a Development Agent. Personal Information is collected to assist SSA and
its affiliates in selecting Development Agent candidates and for the purpose of operating a development territory.
Personal Information collected includes, but is not limited to: name, home address, home telephone number, facsimile number,
email address, date of birth, bank account information for Electronic Funds Transfer, financial statement, resume, taxpayer
identification number and background checks. Once a Development Agent candidate becomes a Development Agent, they may
then reference themselves by their Development Agent Number.
Failure to provide necessary information may negatively impact your ability to become a Development Agent.
Sharing of Personal Information
We may share Personal Information with our service providers, consultants and affiliates for our internal business purposes.
Except as described in this Privacy Policy, SSA will not share Personal Information with a third party, unless a customer requests,
consents to such disclosure, or disclosure is required or authorized by law. SSA reserves the right to disclose Personal Information
to a third party if a law, regulation, search warrant, subpoena, or court order legally requires or authorizes us to do so. SSA also
reserves the right to disclose and/or transfer Personal Information to a third party in the event of a proposed or actual purchase,
sale, lease, merger, amalgamation or any other type of acquisition, disposal, or financing of all or any portion of SSA or of any of
the business or assets or shares of SSA or a division thereof in order for a franchisee or Development Agent to continue to receive
the same products and services from the third party.
As described above, SSA, its affiliates, third party service providers and Development Agents may share and exchange Personal
Information in order to process franchisee and Development Agent applications, administer the SUBWAY franchise system,
implement the SUBWAY Gift Card program, implement Subway Express and protect the integrity of the SUBWAY franchise
system and trademarks. Personal Information may be provided to a courier or freight forwarder in order to fulfill an order, which
may have been requested from us.
Our Development Agents and other service providers are prohibited from using Personal Information for any purpose other than
to provide assistance. Development Agents are required to protect Personal Information disclosed by us and to comply with the
general privacy principles described in this Privacy Policy.
Storage, Retention and Accuracy of Personal Information
SSA ensures that Personal Information is safeguarded against loss, access, use, modification, disclosure or other misuse. All
reasonable steps are taken to prevent unauthorized use or disclosure of your Personal Information.
SSA will retain your Personal Information only for as long as necessary to fulfill the purpose(s) for which it was collected and to
comply with applicable laws, and your consent to such purpose(s) remains valid after termination of our relationship with you.
Information provided by you is relied upon by SSA and its affiliates for its accuracy. We take all reasonable steps to ensure that
your Personal Information is accurate, up-to-date, complete, relevant and not misleading.
Contact Information
You may contact the Privacy Officer to access, correct or delete your Personal Information. If necessary, the Privacy Officer will
contact another employee to assist in completing your requested task.
If you have any questions or complaints, please contact our Privacy Officer, Jocelyn Saint-Fryar on telephone number (07)3253
0249; by Facsimile on (07) 3852 4081; by email at: saintfryar_j@subway.com or by postal mail at Subway Systems Australia Pty
Ltd PO Box 313 Fortitude Valley Qld 4006, or Lobby 1, Ground Floor, 153 Campbell Street, Bowen Hills, Queensland 4006.
Links to Non-SSA Web Sites and Third Parties
Please note that SSA or SUBWAY web sites may contain links to other web sites for your convenience and information. SSA
does not control those sites or their privacy practices, which may differ from www.subway.com. SSAs privacy policy cannot and
does not apply to external Web areas. We do not endorse or make any representations about third party web sites. The personal
data you choose to give to unrelated third parties is not covered by the SSA privacy policy. We encourage you to review the privacy
policy of any company or web site before submitting your Personal Information. Some third parties may choose to share their
personal data with SSA; that sharing is governed by that third partys privacy policy.
Safe Harbor Compliance
DAI, an affiliate of SSA, is in compliance with the U.S. Department of Commerce Safe Harbor requirements regarding the transfer
of personal information from European Union member countries to the United States. DAI has been Self-Certified in accordance
with the EU Directive on Personal Data Protection. The principles of Safe Harbor compliance are notice, choice, onward transfer,
security, data integrity, access and enforcement. Additional information about Safe Harbor principles and certification process
can be found at www.export.gov/safeharbor. SSA, while not self-certified with Safe Harbor, acknowledges the principles of Safe
Harbor and strives to meet these requirements.
Changes to our Privacy Policy
This Privacy Policy may be amended at any time, without prior notification.
SSA 03/08
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