Subway(R) Restaurant Chain To Open 2,000 North American Locations In 2011
World's Largest Restaurant Franchise Needs Sites
Meet the Team at ICSC RECon: South Hall 3 & 4, S2600 N Street & 28th Avenue May 23, 2011 // Franchising.com // Milford, CT – With more than 2,000 franchisees actively searching for locations, the SUBWAY(R) sandwich chain has an aggressive growth strategy for 2011.
According to a recent article in the Wall Street Journal, the SUBWAY(R) 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 representatives from the SUBWAY(R) chain will be manning the brand's booth in South Hall 3 & 4, S2600 N Street & 28th Avenue at the ICSC RECon convention, May 23rd thru May 25th, 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, we will be aggressively looking for sites and ready to make deals," says Chris Kan, Training and Business Promotion Specialist for Subway Real Estate, LLC. "We have a proven system in place and an ever increasing consumer base. We will have more than 100 Subway developers, field staff and leasing specialists from all across North America will be attending the event."
The SUBWAY(R) chain is growing while others are not, and continues forge ahead with new opportunities in traditional shopping centers, mall and free standing locations as well as non-traditional venues such as hospitals, colleges, sports arenas and airports. Since this past January, the SUBWAY(R) chain has opened nearly 700 new stores in 50 countries, 43 U.S. states and 8 Canadian provinces, which equates to approximately 840,000 square feet of prime commercial retail space. In total, SUBWAY(R) franchisees lease more than 37 million square feet of property around the globe.
]From 100 to 5,000 square feet, SUBWAY(R) restaurants come in all shapes and sizes. Because of the chain's unique business model, which has minimal equipment and space requirements, a SUBWAY(R) restaurant can operate just about anywhere. To illustrate just how flexible the SUBWAY(R) concept is, recent openings include a restaurant housed on a crane at the World Trade Center construction site in New York City. As the building rises, so does the store.
Other unique SUBWAY(R) locations include a Jeep assembly plant in Ohio; a new car showroom in California; a church in upstate New York; a combination laundry and tanning salon in Wisconsin; a high school in Detroit, in which students can earn college credits for running the restaurant; and floating restaurant aboard a river boat in Germany.
The chain is also testing a new SUBWAY(R) café format, specifically designed to satisfy the needs of landlords of office buildings and upscale properties. The concept is a combination sandwich shop and coffee bar, featuring feature brick or wood-paneled walls, comfortable armchairs, and an expanded menu that includes baked goods and frozen coffee drinks.
Real estate professionals interested in submitting property information, or learning more about what the SUBWAY(R) chain is looking for in new sites, can contact Chris Kan at the Subway Real Estate office at 800-888-4848 extension 1434, or e-mail at firstname.lastname@example.org.
About SUBWAY(R) Restaurants
Headquartered in Milford, Connecticut, and with regional offices in Amsterdam, Beirut, Brisbane, Miami and Singapore, the SUBWAY(R) 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 2010 Zagat(R) Fast Food Survey, the SUBWAY(R) 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.
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