SUBWAY® Restaurant Chain Recognized As Number One Franchise Opportunity
-Crosses Milestones: 25,000 U.S. Locations and Open in 100 Countries-
MILFORD, Conn., May 2, 2012 /PRNewswire/ -- For the second year in a row, the SUBWAY® restaurant chain has been awarded the Number One ranking in the Franchise Direct Top 100 Global Franchises Rankings, which recognized the brand for possessing "a clear business plan, a commitment to training and support, an ability to innovate and sensitivity to environmental issues."
The criteria to rank franchises includes: system size based on numbers of units; sales revenue; stability and growth; and market expansion.
Don Fertman, Chief Development Officer would be the first to say, "It's because of the franchisees! They're the heart and soul of the Subway family. We know that our success depends upon their excellence in operating their restaurants. We take great pride in the hard work and effort made by the thousands of franchisees throughout the world and in the millions of customers that they serve."
During the first quarter of 2012 the SUBWAY® chain hit two important milestones—25,000 restaurants across the U.S., and operating in 100 countries, while opening 779 new locations around the globe. The current restaurant count is more than 36,700 locations worldwide, and the chain is well on the way towards its goal of ending the year with 2,500 additional units.
In a difficult job market, it is estimated that approximately 24,000 men and women looking for work were able to find positions at SUBWAY® restaurants last year. So far this year, the chain's franchisees have been responsible for the creation of nearly 8,000 jobs. The total number of people employed chainwide is about 370,000, not including those working for vendors, suppliers, contractors and other related businesses needed to help the SUBWAY® chain run and grow.
Blake Newton of Gunnison, Utah, was the recipient of a 2011 SUBWAY® Franchisee of the Year Award, honored for accomplishments in building sales, increasing profitability and achieving excellent store evaluations. Blake has been part of the SUBWAY® family since the time he worked behind the counter as a Sandwich Artist™ after school. Working his way up to store manager and eventually to area manager, overseeing ten SUBWAY® restaurants, he decided to become his own boss with a goal to become a multi-unit owner.
"People said it was crazy to start a new business during this economy," said Blake. "But Subway was an affordable, easy to operate franchise, especially with the amount of support we get from headquarters and the local development office. It made Subway the perfect opportunity for me to own and operate my own small business."
One of the ways that the SUBWAY® chain manages its continued growth is to open locations in non-traditional spaces—spaces often considered by others to be too small, inconvenient or impractical to set up shop—such as at airports, convenience stores, hospitals, factories, department stores, train stations, museums, hotels, and movie theaters, just to name a few. The SUBWAY® restaurant chain recently reached a milestone of having 8,000 such non-traditional locations.
"Non-traditional Subway restaurants come in all shapes and sizes and can be found just about anywhere, says Don Fertman. "Because of the concept's flexible floor plans, minimal space and equipment requirements and popular menu offerings, Subway restaurants are uniquely suited for these special sites, which are integral to the chain's overall development strategy, and are a large contributor to the chain's record breaking growth."
About SUBWAY® Restaurants
Headquartered in Milford, Connecticut, and with regional offices in Amsterdam, Beirut, Brisbane, Miami and Singapore, the SUBWAY® chain was co-founded by Fred DeLuca and Dr. Peter Buck in 1965. Their partnership, which continues today, marked the beginning of a remarkable journey — one that has made it possible for thousands of individuals to build and succeed in their own business.
In the 2011 Zagat® Fast Food Survey, for the third year in a row, the SUBWAY® brand was ranked "number one" by consumers in the "Most Popular," "Top Service" and "Healthy Options" categories for food brands with 5,000 or more locations.
For more information about the SUBWAY® chain, visit www.subway.com
Find us on Facebook: Facebook.com/subway
Follow us on Twitter: twitter.com/subway
SUBWAY® is a registered trademark of Doctor's Associates Inc.
About Franchise Direct
As one of the leading portals of franchise and business opportunities, Franchise Direct is regarded as a high-quality, efficient company in promoting new franchises and targeting new entrepreneurs worldwide. Franchise Direct's goal is to provide a reliable, authoritative platform where entrepreneurs can connect with franchisors seeking investors. In support of this objective, our mission is to be the leading online resource for franchise opportunities and the knowledge center of choice for anyone seeking information on the franchise industry.
For more information about Franchise Direct, visit www.franchisedirect.com
SOURCE SUBWAY Restaurants
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