Subway, a fast-food restaurant chain in the United States, is considering selling its business. The Wall Street Journal (WSJ) was the first to report the news, which was also confirmed by Reuters sources.
The possible sale process is at an early stage, with interest expected from both corporate and private investment firms. However, it is also possible that a deal will not be reached if the offer is unsatisfactory.
Subway has not officially confirmed its intention to sell. “As a private company, we do not comment on ownership structure and business plans,” a spokesman for franchise restaurants selling sandwiches or salads told Reuters.
Subway is one of the world’s biggest fast-food brands. It operates more than 37,000 restaurants in more than 100 countries. The company’s management is based in the US state of Connecticut, and it is owned by two families that founded it together more than 50 years ago.
In the Czech Republic, Subway operates 11 restaurants: four in Prague and Brno, two in Ostrava, and one in Olomouc.