BRAZIL Effective: August 2014 Reais ($) Franchise Capital Requirements Traditional Restaurants GENERAL BREAKDOWN FOR : INITIAL FRANCHISE FEE REAL PROPERTY ** LEASEHOLD IMPROVEMENTS EQUIPMENT *** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location) OUTSIDE SIGNS OPENING INVENTORY INSURANCE SUPPLIES TRAINING EXPENSES (Including travel and lodging) LEGAL & ACCOUNTING OPENING ADVERTISMENT MISC. EXPENSES LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE $ 25,000 $ 25,000 $ 25,000 LUMP SUM Upon signing Franchise Agreement $ 8,100 $ 24,400 $ 48,800 LUMP SUM Upon signing Intent to Sublease $ 67,200 $ 119,000 $ 180,500 AS INCURRED Pro rata during construction $ 85,100 $ 141,100 $ 184,700 LUMP SUM When you place order $ 5,000 $ 9,200 $ 15,300 LUMP SUM When you place order $ 8,100 $ 10,200 $ 12,200 LUMP SUM When you place order or on delivery $ 8,100 $ 12,000 $ 16,700 LUMP SUM When you place order $ 9,200 $ 12,300 $ 15,200 LUMP SUM Within one week of opening $ 3,500 $ 4,500 $ 6,100 AS INCURRED Before opening $ 2,200 $ 4,500 $ 6,700 AS INCURRED Before opening $ 7,100 $ 9,200 $ 11,200 AS INCURRED During training $ 2,000 $ 4,100 $ 7,100 LUMP SUM Before opening $ 4,100 $ 8,100 $ 12,200 LUMP SUM Around opening $ 5,700 $ 12,200 $ 20,400 AS INCURRED As required $ 18,300 $ 36,600 $ 50,900 AS INCURRED As required (Business License, utility deposit, small equip. & surplus capital) ADDITIONAL FUNDS - 3 MONTHS ESTIMATED TOTAL INVESTMENT *** $ 258,700 $ 432,400 $ 613,000 ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014Doctor’s Associates Inc. SIBV – Regions of Asia/Latin America and Middle East (Excluding Mexico & India) Effective: 05/2014 USD Franchise Capital Requirements Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST INITIAL FRANCHISE FEE $10,000 $10,000 $10,000 REAL PROPERTY ** $ 4,000 $ 12,000 $ 24,000 LUMP SUM Upon signing intent to sublease LEASEHOLD IMPROVEMENTS $ 33,000 $ 58,500 $ 88,750 AS INCURRED Pro rata during construction EQUIPMENT PURCHASE $ 41,100 $ 69,360 $ 90,780 LUMP SUM Before equipment is ordered $ 2,500 $ 4,500 $ 7,500 LUMP SUM When you place order $ 4,000 $ 5,000 $ 6,000 LUMP SUM When you place order or on delivery OUTSIDE SIGNS $ 4,000 $ 5,800 $ 8,200 LUMP SUM When you place order OPENING INVENTORY $ 4,500 $ 6,050 $ 7,480 LUMP SUM Within one week of opening INSURANCE $ 1,000 $ 2,000 $ 3,000 AS INCURRED Before opening SUPPLIES $ 1,100 $ 2,200 $ 3,300 AS INCURRED Before opening $ 3,500 $ 4,500 $ 5,500 AS INCURRED During training LEGAL & ACCOUNTING $ 1,000 $ 2,000 $ 3,500 LUMP SUM Before opening OPENING ADVERTISMENT $ 2,000 $ 4,000 $ 6,000 LUMP SUM Around opening MISC. EXPENSES $ 2,800 $ 6,000 $ 10,000 AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS $ 9,000 $ 18,000 $ 25,000 LUMP SUM As required $123,500 $209,9100 $299,010 SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES TRAINING EXPENSES (Varies by location) (Including travel and lodging) (Business License utility deposit, small equip. & surplus capital) ESTIMATEDTOTALINVESTMENT METHOD/ WHEN DUE LUMP SUM Upon signing franchise agreement *NON-TRADITIONAL ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a non-traditional, satellite or school lunch program location, the above 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. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. SIBV – Regions of Asia/Latin America and Middle East (Excluding Mexico & India) Effective: 05/2014 USD Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST INITIAL FRANCHISE FEE $10,000 $10,000 $10,000 LUMP SUM Upon signing franchise agreement REAL PROPERTY ** $ 4,000* $ 12,000* $ 15,000* LUMP SUM Upon signing intent to sublease LEASEHOLD IMPROVEMENTS $ 24,500* $ 50,500* $ 75,750* AS INCURRED Pro rata during construction EQUIPMENT PURCHASE $ 30,820* $ 56,100* $ 69,360* LUMP SUM Before equipment is ordered $ 1,250* $ 3,000* $ 5,000* LUMP SUM When you place order $ 3,000* $ 4,000* $ 5,000* LUMP SUM When you place order or on delivery OUTSIDE SIGNS $ 3,000* $ 3,500* $ 6,200* LUMP SUM When you place order OPENING INVENTORY $ 3,800* $ 5,280* $ 6,820* LUMP SUM Within one week of opening INSURANCE $ 1,000* $ 2,000* $ 3,000* AS INCURRED Before opening SUPPLIES $ 1,100* $ 2,200* $ 3,300* AS INCURRED Before opening $ 3,500* $ 4,500* $ 5,500* AS INCURRED During training $ 1,000* $ 1,500* $ 2,000* LUMP SUM Before opening OPENING ADVERTISMENT $ 1,500* $ 3,000* $ 5,000* LUMP SUM Around opening MISC. EXPENSES $ 2,800* $ 6,000* $ 10,000* AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS $ 6,000* $ 9,000* $ 20,000* LUMP SUM As required ESTIMATEDTOTALINVESTMENT $97,270* $172,580* $241,930* SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES TRAINING EXPENSES (Varies by location) (Including travel and lodging) LEGAL & ACCOUNTING (Business License utility deposit, small equip. & surplus capital) METHOD/ WHEN DUE *NON-TRADITIONAL ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENT IN SETTING UP A SUBWAY® RESTAURANT AND OPERATING IT FOR 3 MONTHS. IT IS POSSIBLE TO EXCEED COSTS IN ANY OF THE AREAS LISTED ABOVE. Some costs will vary in relation to the physical size of the restaurant. A lower cost restaurant is one that would require fewer leasehold improvements, less seating and fewer equipment expenditures. Moderate and higher costs restaurants may require extensive interior renovations, extensive seating and additional equipment. If you are purchasing a franchise for another location opportunity, such as a non-traditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire or changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. BRAZIL Effective: August 2014 Reais ($) Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE $ 25,000 $ 25,000 $ 25,000 LUMP SUM Upon signing Franchise Agreement $ 8,100 $ 24,400 $ 30,500 LUMP SUM Upon signing Intent to Sublease LEASEHOLD IMPROVEMENTS $ 49,800 $ 102,700 $ 154,100 AS INCURRED Pro rata during construction EQUIPMENT *** $ 63,900 $ 114,100 $ 141,100 LUMP SUM When you place order $ 2,600 $ 6,100 $ 10,100 LUMP SUM When you place order $ 6,100 $ 8,100 $ 10,200 LUMP SUM When you place order or on delivery OUTSIDE SIGNS $ 6,100 $ 7,100 $ 12,600 LUMP SUM When you place order OPENING INVENTORY $ 7,700 $ 10,700 $ 13,900 LUMP SUM Within one week of opening INSURANCE $ 3,300 $ 4,500 $ 6,100 AS INCURRED Before opening SUPPLIES $ 2,200 $ 4,500 $ 6,700 AS INCURRED Before opening $ 7,100 $ 9,200 $ 11,200 AS INCURRED During training LEGAL & ACCOUNTING $ 2,000 $ 3,000 $ 4,100 LUMP SUM Before opening OPENING ADVERTISMENT $ 3,100 $ 6,100 $ 10,200 LUMP SUM Around opening MISC. EXPENSES $ 5,700 $ 12,200 $ 20,400 AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS $ 12,200 $ 18,300 $ 40,700 AS INCURRED As required ESTIMATED TOTAL INVESTMENT *** *$ 204,900 *$ 356,000 *$ 496,900 INITIAL FRANCHISE FEE REAL PROPERTY ** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES TRAINING EXPENSES (Varies by location) (Including travel and lodging) (Business License, utility deposit, small equip. & surplus capital) *NON-TRADITIONAL ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014Doctor’s Associates Inc. COLOMBIA Effective: 9/2014 Colombian Pesos ($) Franchise Capital Requirements Traditional & Non-Traditional Restaurants GENERAL BREAKDOWN FOR : INITIAL FRANCHISE FEE REAL PROPERTY ** LEASEHOLD IMPROVEMENTS EQUIPMENT *** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location) OUTSIDE SIGNS OPENING INVENTORY INSURANCE SUPPLIES TRAINING EXPENSES (Including travel and lodging) LEGAL & ACCOUNTING OPENING ADVERTISMENT MISC. EXPENSES LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE $ 18,000,000 $ 18,000,000 $ 18,000,000 LUMP SUM Upon signing Franchise Agreement $ 5,000,000 $ 10,000,000 $ 20,000,000 LUMP SUM Upon signing Intent to Sublease $ 53,000,000 $ 85,000,000 $ 104,000,000 AS INCURRED Pro rata during construction $ 131,000,000 $ 192,000,000 $ 220,000,000 LUMP SUM Before equipment is ordered $ 2,700,000 $ 5,100,000 $ 11,600,000 LUMP SUM When you place order $ 11,200,000 $ 14,000,000 $ 20,800,000 LUMP SUM When you place order or on delivery $ 4,400,000 $ 8,640,000 $ 12,560,000 LUMP SUM When you place order $ 8,100,000 $ 10,890,000 $ 13,464,000 LUMP SUM Within one week of opening $ 1,800,000 $ 2,500,000 $ 3,200,000 AS INCURRED Before opening $ 1,000,000 $ 2,500,000 $ 3,000,000 AS INCURRED Before opening $ 6,300,000 $ 8,100,000 $ 9,900,000 AS INCURRED During training $ 1,800,000 $ 3,600,000 $ 6,300,000 LUMP SUM Before opening $ 3,600,000 $ 7,200,000 $10,800,000 LUMP SUM Around opening $ 5,040,000 $ 10,800,000 $ 18,000,000 AS INCURRED As required $ 16,200,000 $ 32,400,000 $ 45,000,000 AS INCURRED As required $269,140,000 $410,730,000 $516,624,000 (Business License, utility deposit, small equip. & surplus capital) ADDITIONAL FUNDS - 3 MONTHS ESTIMATED TOTAL INVESTMENT *** ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. THESE FIGURES ARE ESTIMATES OF THE COMPLETE INVESTMENT IN SETTING UP A SUBWAY ® RESTAURANT AND OPERATING IT FOR 3 MONTHS. IT IS POSSIBLE TO EXCEED COSTS IN ANY OF THE AREAS LISTED ABOVE. Some costs will vary in relation to the physical size of the restaurant. A lower cost restaurant is one that would require fewer leasehold improvements, less seating and fewer equipment expenditures. Moderate and higher costs restaurants may require extensive interior renovations, extensive seating and additional equipment. If you are purchasing a franchise for another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. COLOMBIA Effective: 9/2014 Colombian Pesos ($) Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE INITIAL FRANCHISE FEE $ 18,000,000 $ 18,000,000 $ 18,000,000 LUMP SUM Upon signing Franchise Agreement $ 5,000,000 $ 10,000,000 $ 20,000,000 LUMP SUM Upon signing Intent to Sublease LEASEHOLD IMPROVEMENTS $ 53,000,000 $ 85,000,000 $ 104,000,000 AS INCURRED Pro rata during construction EQUIPMENT *** $ 131,000,000 $ 192,000,000 $ 220,000,000 LUMP SUM Before equipment is ordered $ 2,250,000 $ 3,700,000 $ $ 10,400,000 $ 12,200,000 $ 19,000,000 LUMP SUM When you place order or on delivery OUTSIDE SIGNS $ 4,400,000 $ 8,640,000 $ 9,060,000 LUMP SUM When you place order OPENING INVENTORY $ 6,840,000 $ 9,504,000 $ 12,276,000 LUMP SUM Within one week of opening INSURANCE $ 1,800,000 $ 2,500,000 $ 3,200,000 AS INCURRED Before opening $ 1,000,000 $ 2,500,000 $ 3,000,000 AS INCURRED Before opening $ 6,300,000 $ 8,100,000 $ 9,900,000 AS INCURRED During training LEGAL & ACCOUNTING $ 1,800,000 $ 2,700,000 $ 3,600,000 LUMP SUM Before opening OPENING ADVERTISMENT $ 2,700,000 $ 5,400,000 $ 9,000,000 LUMP SUM Around opening MISC. EXPENSES $ 5,040,000 $ 10,800,000 $ 18,000,000 AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS $ 10,800,000 $ 16,200,000 $ 36,000,000 AS INCURRED As required ESTIMATED TOTAL INVESTMENT *** *$260,330,000 *$387,244,000 *$494,036,000 REAL PROPERTY ** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location) SUPPLIES TRAINING EXPENSES (Including travel and lodging) (Business License, utility deposit, small equip. & surplus capital) 9,000,000 LUMP SUM When you place order *NON-TRADITIONAL ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. INDIA Effective July 2014 RUPEES Franchise Capital Requirements Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE TO WHOM MADE INITIAL FRANCHISE FEE (1)(10) RS 600,000 RS 600,000 RS 600,000 LUMP SUM Upon signing Franchise Agreement REAL PROPERTY ** (2) RS 200,000 RS 450,000 RS 600,000 LUMP SUM When you sign Intent to Lease and License Agreement LEASEHOLD IMPROVEMENTS RS 500,000 RS 700,000 RS 1,200,000 AS INCURRED Pro rata during construction Vendor RS 3,500,000 RS 4,000,000 RS 4,200,000 LUMP SUM When you place order DAI or vendor RS 40,000 RS 60,000 RS 60,000 LUMP SUM When you place order Vendor RS 45,000 RS 50,000 RS 55,000 LUMP SUM When you place order or on delivery Carrier or FWH OUTSIDE SIGNS (10) RS 60,000 RS 80,000 RS 80,000 LUMP SUM When you place order Vendor or FWH OPENING INVENTORY RS 200,000 RS 300,000 LUMP SUM Within one week of opening Vendor INSURANCE (5) RS 32,000 RS 45,000 RS 50,000 AS INCURRED Before opening Vendor SUPPLIES RS 40,000 RS 80,000 RS 130,000 AS INCURRED Before opening Vendor RS 100,000 RS 100,000 RS 100,000 AS INCURRED During training Hotel, etc. LEGAL & ACCOUNTING RS 50,000 RS 70,000 RS 100,000 LUMP SUM Before opening Vendor OPENING ADVERTISMENT (9) (10) RS 80,000 RS 100,000 RS 250,000 LUMP SUM Around opening Vendor MISC. EXPENSES (7) RS 100,000 RS 250,000 RS 400,000 AS INCURRED As required Vendor ADDITIONAL FUNDS - 3 MONTHS (8) RS 380,000 RS 750,000 RS 1,000,000 LUMP SUM As required Note 8 EQUIPMENT *** (4) SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location & method) TRAINING EXPENSES (6) (Including travel and RS 400,000 lodging) (Business License, utility deposit, small equip. & surplus capital) ESTIMATED TOTAL INVESTMENT *** (11) RS 5,927,000 RS 7,635,000 Us Landlord See note 2 RS 9,225,000 *NON-TRADITIONAL 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 ABOVE. 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 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 another location opportunity, such as a non-traditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire or changes in leasehold improvements you SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. INDIA Effective July 2014 RUPEES Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE TO WHOM MADE INITIAL FRANCHISE FEE (1)(10) RS 600,000 RS 600,000 RS 600,000 LUMP SUM Upon signing Franchise Agreement REAL PROPERTY ** (2) RS 200,000 RS 450,000 RS 600,000 LUMP SUM When you sign Intent to Lease and License Agreement LEASEHOLD IMPROVEMENTS RS 400,000 RS 500,000 RS 600,000 AS INCURRED Pro rata during construction Vendor LUMP SUM When you place order DAI or vendor EQUIPMENT *** (4) Landlord See note 2 RS 3,500,000 RS 4,000,000 RS 40,000 RS 60,000 RS 60,000 LUMP SUM When you place order Vendor RS 45,000 RS 50,000 RS 55,000 LUMP SUM When you place order or on delivery Carrier or FWH OUTSIDE SIGNS (10) RS 60,000 RS 60,000 RS 60,000 LUMP SUM When you place order Vendor or FWH OPENING INVENTORY RS 120,000 RS 200,000 LUMP SUM Within one week of opening Vendor INSURANCE (5) RS 32,000 RS 45,000 RS 50,000 AS INCURRED Before opening Vendor SUPPLIES RS 40,000 RS 80,000 RS 130,000 AS INCURRED Before opening Vendor RS 100,000 RS 100,000 RS 100,000 AS INCURRED During training Hotel, etc. LEGAL & ACCOUNTING RS 50,000 RS 70,000 RS 100,000 LUMP SUM Before opening Vendor OPENING ADVERTISMENT (9) (10) RS 60,000 RS 80,000 RS 200,000 LUMP SUM Around opening Vendor MISC. EXPENSES (7) RS 80,000 RS 250,000 RS 400,000 AS INCURRED As required Vendor ADDITIONAL FUNDS - 3 MONTHS (8) RS 250,000 RS 750,000 RS 1,000,000 LUMP SUM As required Note 8 SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location & method) TRAINING EXPENSES (6) (Including travel and lodging) (Business License, utility deposit, small equip. & surplus capital) ESTIMATED TOTAL INVESTMENT *** (11) RS 5,577,000 RS 4,200,000 Us RS 300,000 RS 7,295,000 RS 8,455,000 *NON-TRADITIONAL 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 ABOVE. 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 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 another location opportunity, such as a non-traditional, satellite or school lunch program location, the above 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. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. MEXICO Effective: 8/2014 Mexican Peso Franchise Capital Requirements Traditional Restaurants GENERAL BREAKDOWN FOR : INITIAL FRANCHISE FEE REAL PROPERTY ** LEASEHOLD IMPROVEMENTS EQUIPMENT *** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location) OUTSIDE SIGNS OPENING INVENTORY INSURANCE SUPPLIES TRAINING EXPENSES (Including travel and lodging) LEGAL & ACCOUNTING OPENING ADVERTISMENT MISC. EXPENSES LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE $ 175,000 $ 175,000 $ 175,000 LUMP SUM Upon signing Franchise Agreement $ 57,000 $ 114,000 $ 170,000 LUMP SUM Upon signing Intent to Sublease $ 170,000 $ 276,000 $ 382,000 AS INCURRED Pro rata during construction $ 566,000 $ 708,000 $ 848,000 LUMP SUM Before equipment is ordered $ 15,500 $ 29,000 $ 57,000 LUMP SUM When you place order $ 71,000 $ 99,000 $ 114,000 LUMP SUM When you place order or on delivery $ 45,000 $ 88,000 $ 133,000 LUMP SUM When you place order $ 47,000 $ 62,000 $ 77,000 LUMP SUM Within one week of opening $ 7,000 $ 22,000 $ 29,000 AS INCURRED Before opening $ 15,000 $ 31,000 $ 46,000 AS INCURRED Before opening $ 50,000 $ 50,000 $ 50,000 AS INCURRED During training $ 14,000 $ 14,000 $ 14,000 LUMP SUM Before opening $ 40,000 $ 55,000 $ 70,000 LUMP SUM Around opening $ 43,000 $ 57,000 $ 71,000 AS INCURRED As required $ 141,000 $ 212,000 $ 282,000 AS INCURRED As required $1,456,500 $1,992,000 $2,518,000 (Business License, utility deposit, small equip. & surplus capital) ADDITIONAL FUNDS - 3 MONTHS ESTIMATED TOTAL INVESTMENT *** ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. MEXICO Effective: 8/2014 Mexican Peso Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE INITIAL FRANCHISE FEE $ 175,000 $ 175,000 $ 175,000 LUMP SUM Upon signing Franchise Agreement $ 0 $ 43,000 $ 85,000 LUMP SUM Upon signing Intent to Sublease LEASEHOLD IMPROVEMENTS $ 170,000 $ 241,000 $ 354,000 AS INCURRED Pro rata during construction EQUIPMENT *** $ 496,000 $ 637,000 $ 778,000 LUMP SUM Before equipment is ordered $ 14,000 $ 22,000 $ 26,000 LUMP SUM When you place order $ 14,000 $ 29,000 $ 43,000 LUMP SUM When you place order or on delivery OUTSIDE SIGNS $ 18,000 $ 24,000 $ 30,000 LUMP SUM When you place order OPENING INVENTORY $ 40,000 $ 55,500 $ 70,000 LUMP SUM Within one week of opening INSURANCE $ 7,000 $ 14,000 $ 29,000 AS INCURRED Before opening SUPPLIES $ 9,000 $ 15,000 $ 23,500 AS INCURRED Before opening $ 43,000 $ 43,000 $ 43,000 AS INCURRED During training $ 8,800 $ 11,000 $ 11,500 LUMP SUM Before opening OPENING ADVERTISMENT $ 18,000 $ 27,000 $ 32,000 LUMP SUM Around opening MISC. EXPENSES $ 14,000 $ 22,000 $ 29,000 AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS $ 22,000 $ 29,000 $ 43,000 AS INCURRED As required ESTIMATED TOTAL INVESTMENT *** *$1,048,800 *$1,387,500 *$1,772,000 REAL PROPERTY ** SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES TRAINING EXPENSES (Varies by location) (Including travel and lodging) LEGAL & ACCOUNTING (Business License, utility deposit, small equip. & surplus capital) ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a nontraditional, satellite or school lunch program location, the above listed capital requirements may vary and could be substantially lower depending upon the necessary equipment you must acquire of changes in leasehold improvements you must make. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. SIBV EUROPE Effective: 05/2014 Euros Franchise Capital Requirements Traditional Restaurants GENERAL BREAKDOWN FOR : LOWER COST MODERATE COST HIGHER COST INITIAL FRANCHISE FEE € 7,500 or € 10,000* € 7,500 or €10,000* € 7,500 or € 10,000* LUMP SUM Upon signing franchise agreement REAL PROPERTY ** € 2,500 € 8,000 € 16,000 LUMP SUM Upon signing intent to sublease LEASEHOLD IMPROVEMENTS € 25,000 € 43,300 € 69,000 AS INCURRED Pro rata during construction EQUIPMENT PURCHASE € 30,800 € 53,025 € 69,390 LUMP SUM Before equipment is ordered € 1,900 € 3,400 € 5,400 LUMP SUM When you place order € 2,900 € 3,600 € 4,500 LUMP SUM When you place order or on delivery OUTSIDE SIGNS € 3,000 € 4,400 € 6,000 LUMP SUM When you place order OPENING INVENTORY € 3,450 € 4,625 € 5,725 LUMP SUM Within one week of opening INSURANCE € 750 € 1,500 € 2,300 AS INCURRED Before opening SUPPLIES € 1,000 € 1,675 € 2,525 AS INCURRED Before opening € 2,600 € 3,300 € 4,000 AS INCURRED During training LEGAL & ACCOUNTING € 1,500 € 1,500 € 2,500 LUMP SUM Before opening OPENING ADVERTISMENT € 1,500 € 2,500 € 4,000 LUMP SUM Around opening MISC. EXPENSES € 2,000 € 4,000 € 6,500 AS INCURRED As required ADDITIONAL FUNDS - 3 MONTHS € 6,000 € 12,000 € 16,500 LUMP SUM As required €92,400 or €94,900 €154,325 or €156,825* €221,840 or €224,340* SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES TRAINING EXPENSES (Varies by location) (Including travel and lodging) METHOD/ WHEN DUE (Business License utility deposit, small equip. & surplus capital) ESTIMATEDTOTALINVESTMENT*** *NON-TRADITIONAL *Iceland, Gibraltar, Ireland, Finland, Germany, Luxembourg, Sweden and the Netherlands have an Initial Franchise Fee of €10,000. ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a non-traditional, satellite or school lunch program location, the above 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. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc. SIBV EUROPE Effective: 05/2014 Euros Franchise Capital Requirements Non-Traditional Restaurants GENERAL BREAKDOWN FOR : INITIAL FRANCHISE FEE REAL PROPERTY ** LEASEHOLD IMPROVEMENTS EQUIPMENT PURCHASE SECURITY SYSTEM (Not including monitoring costs) FREIGHT CHARGES (Varies by location) OUTSIDE SIGNS OPENING INVENTORY INSURANCE SUPPLIES TRAINING EXPENSES (Including travel and lodging) LEGAL & ACCOUNTING OPENING ADVERTISMENT MISC. EXPENSES (Business License utility deposit, small equip. & surplus capital) ADDITIONAL FUNDS - 3 MONTHS ESTIMATEDTOTALINVESTMENT*** LOWER COST MODERATE COST HIGHER COST METHOD/ WHEN DUE € 7,500 or € 10,000* € 7,500 or € 10,000* € 7,500 or € 10,000* LUMP SUM Upon signing franchise agreement € 2,500 € 8,000 € 11,000 LUMP SUM Upon signing intent to sublease € 19,000 € 37,400 € 56,000 AS INCURRED Pro rata during construction € 23,100 € 42,880 € 53,025 LUMP SUM Before equipment is ordered € 1,000 € 2,200 € 3,500 LUMP SUM When you place order € 2,200 € 2,900 € 3,500 LUMP SUM When you place order or on delivery € 2,000 € 2,500 € 4,500 LUMP SUM When you place order € 2,900 € 4,050 € 5,225 LUMP SUM Within one week of opening € 750 € 1,500 € 2,300 AS INCURRED Before opening € 1,000 € 1,675 € 2,525 AS INCURRED Before opening € 2,600 € 3,300 € 4,000 AS INCURRED During training € 700 € 1,000 € 1,500 LUMP SUM Before opening € 1,000 € 2,000 € 3,700 LUMP SUM Around opening € 2,000 € 4,000 € 6,500 AS INCURRED As required € 4,000 € 12,000 € 16,500 LUMP SUM As required €72,250or €74,750* €132,905 or €135,405* €181,275 or €183,775* *Iceland, Gibraltar, Ireland, Finland, Germany, Luxembourg, Sweden and the Netherlands have an Initial Franchise Fee of €10,000. ** This amount is the estimated deposit of 2 months rent payable upon signing the Intent to Sublease. 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 ABOVE. 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 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 another location opportunity, such as a non-traditional, satellite or school lunch program location, the above 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. The above figures do not include extensive exterior renovations. SUBWAY® is a registered trademark of Doctor’s Associates Inc. ©2014 Doctor’s Associates Inc.