Subway® Announces Largest Master Franchise Agreement in QSR History
Subway® just announced this month its largest ever Master Franchisee Partnership with Everstone Group, a South Asia focused leading private investment firm – one of the largest master franchise agreements in QSR history with more than 2,000 new restaurants set to open across India, Sri Lanka and Bangladesh in the next 10 years. The announcement marks “a significant step in Subway’s transformation journey and global expansion plans,” said John Chidsey, Chief Executive Officer of Subway.
“Everstone, with extensive knowledge and proven restaurant operational expertise in the region, is the ideal partner as we begin this new chapter for Subway in India and South Asia.”
We’re excited to be leading a franchise restructuring program, designed to consolidate and strengthen its franchise system and solidify Subway®’s position as a leader in the QSR space.
For full article – please visit: https://www.qsrmagazine.com/fast-food/subway-inks-one-biggest-franchise-agreements-history
As the world’s largest quick service restaurant brand, Subway serves freshly made-to-order sandwiches, wraps, salads, and bowls to millions of guests, across more than 100 countries in nearly 40,000 restaurants every day. Subway restaurants are owned and operated by Subway franchisees – a network that includes more than 20,000 dedicated entrepreneurs and small business owners – who are committed to delivering the best guest experience possible in their local communities.
Subway® is a Registered Trademark of Subway IP LLC. ©2021 Subway IP LLC
Connect with our advisory team:
Share this post
Share on facebook
Share on twitter
Share on linkedin