Subway vs Century 21: Which Is the Better Investment?

Side-by-side comparison of investment costs, fees, unit economics, and franchisee satisfaction. Data from FDD disclosures and franchise database — updated 2026.

Food & Restaurant Real Estate Real Data Not Investment Advice
S

Subway

Food & Restaurant
$229K – $524K
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VS
C2

Century 21

Real Estate
$25K – $525K
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At a Glance: Key Differences

Data-driven observations based on disclosed figures. Not investment advice — verify current numbers in each franchise's FDD.

Investment Cost
Subway wins on investment range ($900 less) vs Century 21.
Fee Burden
Century 21 wins on royalty rate (2.0% lower) vs Subway.
Unit Count
Subway wins on total units (22,690 more) vs Century 21.
Satisfaction
Century 21 wins on franchisee satisfaction vs Subway.

Investment & Fees

Metric Subway Century 21
Min Investment $229K $25K
Max Investment $524K $525K
Franchise Fee $15K $25K
Royalty Rate 8.0% 6.0%
Ad Fund Rate 4.5% N/A

Unit Economics

Metric Subway Century 21
Avg Unit Revenue $420K N/A
Avg Profit Margin N/A N/A

Scale & Growth

Metric Subway Century 21
Total Units 36,690 14,000
Annual Growth -3.5% 200.0%
Failure Rate 8.0% N/A

Franchisee Performance

Metric Subway Century 21
Franchisee Satisfaction 55/100 73/100

Track Record

Metric Subway Century 21
Years in Business 59 N/A
Years Franchising 48 N/A

Financial Requirements

Metric Subway Century 21
Min Net Worth Required $100K N/A
Liquid Capital Required $50K N/A

Operations

Metric Subway Century 21
Avg Employees 12 N/A
Training Weeks 2 N/A

Frequently Asked Questions

Is Subway or Century 21 a better franchise investment?

The answer depends on your goals, budget, and market. Subway has 36,690 total units and a 55/100 franchisee satisfaction score. Century 21 has 14,000 total units and a 73/100 franchisee satisfaction score. Use our ROI Calculator to model both scenarios.

How much does it cost to open a Subway franchise?

Based on data in our database, opening a Subway franchise requires an initial investment of $229K – $524K. The franchise fee is $15K, with ongoing royalties of 8.0%. Always request the current FDD for exact figures.

How much does it cost to open a Century 21 franchise?

Based on data in our database, opening a Century 21 franchise requires an initial investment of $25K – $525K. The franchise fee is $25K, with ongoing royalties of 6.0%. Always request the current FDD for exact figures.

What is the royalty rate for Subway vs Century 21?

Subway's royalty rate is 8.0%. Century 21's royalty rate is 6.0%. That means Century 21 has the lower ongoing royalty burden.

Which has more locations — Subway or Century 21?

Subway has 36,690 total units. Century 21 has 14,000 total units. A larger system can mean more brand recognition, but also more territorial competition.

Is Subway or Century 21 semi-absentee friendly?

Subway is typically run as a owner-operator model. Century 21 is typically run as a owner-operator model. If passive income is your goal, semi-absentee models let you hire a manager to run day-to-day operations.

Data sourced from franchise disclosure documents and public records. Investment ranges, royalty rates, and unit counts change — always request current FDD before making investment decisions. Last updated March 2026.

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