Subway Sale Worth $10B Begins Early Stages

Subway Sale Worth $10B Begins Early Stages

News by Marge SerranoMarge Serrano
Published: January 14, 2023

Fast food franchise Subway is in the early stages of a potential sale that can catapult the company to a $10B valuation

The deal is expected to attract multiple buyers, particularly from private-equity firms that have long been eyeing the Sandwich chain. 

"As a privately held company, we don't comment on ownership structure and business plans," emailed Subway. 

"We continue to be focused on moving the brand forward with our transformational journey to help our franchisees be successful and profitable.” 

Since the transaction is still starting, Subway can still back out from the sale. News of the sale has been circulating since 2021, which Subway denied at the time. 

Subway is one of the largest global food corporations, with over 37,000 restaurants in over 100 countries, and famous for popularizing foot-long sandwiches. 

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