Studying the possibility of selling the business is in its early stages.
Subway, one of the world’s largest franchised fast-food restaurant chains, may change ownership. The families of its founders, Fred De Luca and Peter Buck, who own the business, are considering selling the company.
It became known today that Subway has hired consultants to study the possibility of selling the business. According to preliminary estimates, the company could be worth at least $10 billion today.
The business of the Subway chain, since 1965, owned by the founders’ families, is tentatively estimated at $10 billion. For comparison, McDonald’s today is worth almost $200 billion.
Subway is a closed private company. Since 1965, the business has been controlled by its founders, and the company was never traded on the stock exchange.
Studying the possibility of selling the business is in its early stages. Subway did not comment on the information that appeared. The chain has about 37,000 restaurants worldwide, including 21,000 in the United States.
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Subway founders sold their company for $9.6 billion.
The deal is expected to be worth more than $10 billion.
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