Subway launches financial assistance programme for franchisees

It has also waived all marketing fees and will collect 50% of royalty fees.

Subway is working to develop a series of support packages designed to support its franchisees in Australia through the COVID-19 crisis.

“Subway has been looking at a variety of ways to financially support our owners during this time, including actively negotiating with lenders, landlords and suppliers to ease immediate financial pressures,” Subway Australia country director Chris Churchmichael said in a media release.

The sandwich giant has frozen fees to ensure cashflow for its franchisees. It has also waived all marketing fees and will collect 50% of royalty fees, with remaining fees deferred until after the crisis.

“We will continue to monitor the impacts of coronavirus and consider further measures to support our franchise owners,” Churchmichael added.

Subway restaurants remain open for takeaway and pre-orders through the Subway Australia app. Delivery is also an option via Uber Eats and Deliveroo.

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