Industry News | May 21, 2012
Subway to Open 1,200 Units in North America
With more than 2,000 franchisees actively searching for locations, the SUBWAY sandwich chain has aggressive growth plans for 2012.
According to an article in the Wall Street Journal, the SUBWAY franchise system is the world's largest restaurant chain, in terms of number of locations. In order to reach the company's development goals, a contingent of SUBWAY representatives will be manning the SUBWAY booth in South Hall 3 & 4, S2600 N Street and 28th Avenue at the ICSC RECon convention, May 21-23, in Las Vegas.
"To continue to provide career opportunities to entrepreneurs and offer our world famous submarine sandwiches, which includes a wide range of healthier meal options, to an ever increasing consumer base, more than 100 Subway developers, field staff, and leasing specialists from all across North America will be attending the event," says Chris Kan, training and business promotion specialist for Subway Real Estate, LLC. "We will be looking for sites and ready to make deals."
The SUBWAY chain is growing and continues to forge ahead with new opportunities in traditional shopping centers, malls, and free standing locations as well as non-traditional venues such as hospitals, colleges, sports arenas, and airports.
Since this past January, the SUBWAY chain has opened nearly 900 new stores in 58 countries, 42 U.S. states, and seven Canadian provinces, which equates to more than one million square feet of prime commercial retail space. In total, SUBWAY franchisees lease more than 43 million square feet of property around the globe.
Most recently, the SUBWAY chain reached the milestones of 25,000 U.S. locations and restaurants open in 100 countries.
To illustrate how flexible the SUBWAY concept is, unique locations include an automobile assembly plant in Ohio; a new car showroom, and a brewery in California; a church in upstate New York; a combination laundry and tanning salon in Wisconsin; several high schools in Virginia; and a floating restaurant aboard a river boat in Germany.
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