Subway is the largest fast food chain in the world if we stop to analyze it from the perspective of number of franchises, there are 43,000 stores spread across 104 countries in the world. But the network has been put up for sale and is looking for a corporate buyer or private equity firms. Learn more about selling Metro reading the article!
Subway is looking for a buyer
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Subway was recently put up for sale and is looking for a corporate buyer or private equity firms. The encouraging news for those interested is in the size that the network has taken on around the world. Currently, Subway is the largest chain of fast food in the world if you consider the number of franchises, with more than 43,000 stores spread across the planet. This means that Subway's size is gigantic.
Taking this into account and another series of important factors to be evaluated, the company then made a self-assessment at an estimated price of US$ 10 billion, that is, R$ 51 billion.
Why will it be on sale?
For such a large and lucrative business, the question arises as to why to sell it, and the answer is very simple. Since the year 2021, when the last founder of the company, aged 90, died, this possibility began to be analyzed. After all, since 2021, Subway has been managed by family members and other owners.
Why is Subway not on the exchange?
Subway is a “family” and private business, so it remains off the stock exchange. Currently, the brand has been committed to further increasing its franchises.
Remembering that recently in many countries Subway closed several franchises due to strong criticism related to food quality. So, there are countries where the brand started to position itself as a healthy eating option to get around the crisis. It is also worth mentioning that the sale process is still very recent and there is a possibility that it will not even be concluded.
Subway in Brazil
Subway is an extremely popular chain in Brazil. Spread throughout Brazil, across 26 states and the Federal District, in total, Subway has around 1,600 units in the country.