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McDonald's vs Subway
Side-by-side on pricing, features, and fit — then our verdict.
McDonald's — pros & cons
- + Best unit economics in QSR
- + Unmatched brand and systems
- − $750K liquid required
- − Rent is a % of sales — it grows with you
- − 77 active litigation cases in FDD
$1.47M–$2.73M Fee $45,000. $750K liquid cash required to apply. Range per 2026 FDD. Verified Oct 2026.
Subway — pros & cons
- + Accessible entry point
- + Flexible formats
- − 12.5% combined fees is the highest in QSR
- − Unit count declining
- − ~$490K AUV is modest
$263K–$630K Fee $15,000. Range per 2026 FDD Item 7; non-traditional formats run lower. Verified Oct 2026.
Our verdict
The classic QSR fork: McDonald's costs $1.47M–$2.73M and does $4M per unit with a 98% survival rate — the best system ever built, if you have $750K liquid. Subway costs $263K–$630K and does ~$490K per unit with the highest fee burden in QSR. McDonald's is the investment; Subway is the accessible entry. Different buyers, different math.