SUBWAY® Brand Maintains Number 1 Spot as Top Global Franchise
A leading online resource for global franchise opportunities, has named the SUBWAY® brand as the Number 1 franchise opportunity for the fourth year in a row in its annual list of Top 100 Global Franchises.
According to Franchise Direct, the annual Top 100 Global Franchises list ranks the best franchises from around the globe: “This definitive and exclusive list details the franchises which are performing best on an international level. These findings were reached using an objective, detailed methodology that considered a host of factors including financial performance and corporate citizenship.”
Along with looking at system size, revenue, stability, growth, years in operation and market expansion, the Franchise Direct criterion also includes best practices in the area of franchisee support and training; environmental policies; and social responsibility.
“The SUBWAY® brand works hard to make it easy for entrepreneurs worldwide to open and operate their own business through our franchise model,” said Don Fertman, Chief Development Officer for SUBWAY®. “We provide initial and ongoing training for our franchisees, regional, and country offices to provide support. We are equally proud that we provide choice on our menus, including a number of healthier options, and have taken steps to be more environmentally responsible with our stores.”
In 2013, the SUBWAY® brand opened 2,700 new locations worldwide, providing about 27,000 new jobs through the brand’s franchisees. Of those new locations opened, 1,806 were in International markets. Don said that the brand expects to open at least another 3,000 new locations this year as well, with most located outside the United States.
The brand reached a number of milestones in 2013, including: opening the 40,000 location worldwide; reached the 4,000 store milestone in Europe; the 500th location in the Middle East; 3,000 locations in both Canada and Latin America; and the 9,000th store in a non-traditional location.
In the UK and Ireland, the SUBWAY® brand surpassed 1,700 stores in 2013 and has recently announced plans to increase this to 3,000 over the next six years, creating around 13,000 new jobs.