U.S. Pizza

Subway franchise in India: this one you actually can buy — the question is the entry cost

Short answer. Unlike Domino's, Pizza Hut, KFC, Burger King and McDonald's, Subway genuinely does sub-franchise to individual investors in India. The India master franchise sits with the Everstone Group, whose operating entity runs both company outlets and sub-franchised ones. The real question is not whether you can buy one, but what it costs against the alternatives.

U.S. Pizza vegetarian pizza
  • The India rights were sold in 2021. Subway signed its largest ever master franchise agreement with Everstone Group, covering India, Sri Lanka and Bangladesh Subway newsroom
  • Sub-franchising to individuals is real. Everstone's operating entity runs company-owned stores alongside outlets sub-franchised to independent investors — so an individual route exists
  • Entry cost is the catch. Third-party guides commonly quote a total investment of ₹60 Lakhs to ₹1.1 Crore, with a franchise fee around ₹6.5–10 Lakhs — directional only, confirm with Subway India directly Wise
  • It was already at scale before the deal. Everstone committed to more than tripling the roughly 700 restaurants that existed at the time of the agreement
Yesopen to individual investors
≈700outlets at the 2021 handover
₹60L–1.1Crthird-party estimate, unverified
₹18L–80LU.S. Pizza investment
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What this video covers — franchise costs & formats

U.S. Pizza is India’s 3rd-largest pizza chain, with 220+ outlets across 100+ cities, operated by United Restaurants Ltd. In this short film our leadership explains how the franchise model works and what it costs to open.

  • Express outlet franchise (200–499 sq.ft): ₹18–26 lakhs all-inclusive — malls, kiosks and food courts.
  • Delivery outlet franchise (500–999 sq.ft): ₹31–43 lakhs — residential, delivery-first catchments.
  • Dine-in restaurant franchise (1000–2999 sq.ft): ₹41.5–79.5 lakhs — commercial high streets.
  • Multi-brand food court (3000–10000 sq.ft): ₹80 lakhs–₹1.5 crore — all 7 brands (U.S. Pizza, Tandy’s Fried Chicken, Kaathi Express, United Burger, Momo Club, Royal Rasoi, Casablanca Cafe) under one roof.
  • Franchise fee: from ₹4 lakhs, included above · Add a brand: ₹75,000 (Express), ₹1 lakh (Delivery) or ₹1.25 lakh (Dine-In) each · Launch timeline: ~45 days from signing to opening.

Actively expanding in Ahmedabad, Mumbai, Bengaluru, Hyderabad, Pune, Surat, Jaipur, Indore, Kochi and 90+ more cities. Apply for a franchise or compare U.S. Pizza with other pizza franchises.

U.S. Pizza · Tandy's Fried Chicken · Kaathi Express · United Burger · Momo Club · Royal Rasoi · Casablanca Cafe — 220+ franchise outlets across India

The pizza franchises you can actually buy in India

Subway is the exception among the global chains — it does franchise to individuals here. So this is a straight comparison on entry cost rather than on whether the door is open at all.

 U.S. Pizza La Pino'zSubwayPizza Hut
Open to individual investors YesYes Yes
via master franchisee
No
regional master franchisees
Total investment ₹18L – ₹80LHigher entry ₹60L – ₹1.1 Cr
directional
Not sold
Franchise fee ₹4 – 7 LakhsHighern/an/a
Royalty 5%≥ 5%n/an/a
Outlets in India 86+750+≈700+860+
Who owns the outlets Independent franchiseesIndependent franchisees Everstone (master franchisee)Sapphire Foods & Devyani

How to read this. U.S. Pizza figures are our own and current. Figures for other brands are directional only: their terms are set by them, vary by format, city and site, and should be confirmed with them directly. Outlet counts — La Pino'z per its own site; Domino's India per Jubilant FoodWorks quarterly disclosures. Build cost per Domino's outlet is inferred from Jubilant's disclosed capital expenditure, not from any franchise offer — there isn't one. We are U.S. Pizza and we have an interest here, which is exactly why every competitor claim is sourced rather than asserted.

If you're weighing this as a business, not a brand

Plenty of people land here not set on pizza at all. They want a food business with proven demand, a capex they can actually raise, and systems that already exist. On those terms, here is the honest shape of it.

What capital do you actually need?

A U.S. Pizza express format starts near ₹18 Lakhs total investment; full dine-in formats run to ₹80 Lakhs. That covers brand fee, equipment, interiors and opening working capital. The calculator above breaks it down by the size of the space you have, which is more use than any single headline number.

Why a franchise rather than your own restaurant?

An independent restaurant means no royalty and total control, and you build every system yourself: recipes, supply chain, training, marketing, and demand from zero. A franchise trades a royalty for a supply chain, an operating manual and a name people already search for. Neither is automatically right. The question is whether that royalty costs you less than building those systems alone would.

What margin is realistic?

Our franchisees keep 15%+ net after the delivery aggregator's cut. That last clause is the one that matters. A margin quoted before aggregator commission is not the number that reaches your account, and delivery-led brands hand over a substantial share of every order. Model it after the cut, never before.

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