Operations

Subway considering sale?

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January 13, 2023

Subway is considering a sale of its business, according to a report in The Wall Street Journal. The privately owned brand is in the early stages of attracting corporate buyers and private equity firms, according to sources.

The brand is estimated at more than $10 billion.

"As a privately held company, we don't comment on ownership structure and business plans," Reuters said a company spokesperson told it in an emailed statement.

Subway has more than 37,000 units in more than 100 countries. It's currently owned by its two founding families.