100,000 Subway Restaurants by 2030?
Published in CSP Daily News
Chief development officer paints an ambitious future
MILFORD, Conn. -- Subway, already the largest fast-food chain by store count, could achieve 100,000 sites by 2030, according to a BusinessWeek report.
Currently with 39,500 restaurants worldwide, the sandwich maker projects adding more than 10,000 new stores by 2017 and openly discusses the prospect of getting to 100,000 by 2030.
The company has added 11,000 locations to its all-franchise roster since 2007, according to the report, and executives believe their appetite for expansion is far from sated.
"In our highest-density markets, we're at one for every 8,000 people. So if you do that math, we can have a lot more stores," Don Fertman, the chain's chief development officer, told the publication.
Subway’s less-hypothetical goals, however, include “getting to 50,000 stores by 2017,” Fertman said. “And we have a goal of—not a goal, but what we call a possibility—we have a chart that shows the possibility of us getting to 100,000 stores by 2030."
Click here to read the complete BusinessWeek report.