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The SUBWAY® restaurant chain has announced that it has once again been named the Number One Franchise opportunity, as well as the Number One Global Franchise opportunity, for 2010 by Entrepreneur® magazine in its annual “Franchise 500” rankings.
According to the information provided, this is the 17th time in the past 23 years that the SUBWAY® chain has been recognized with the overall top honor. First established in 1980, Entrepreneur magazine’s “Franchise 500” listing is one the most comprehensive and influential set of rankings in the world, taking many factors into consideration, such as financial strength and stability, growth rate, size of the system and start-up costs.
This past year, the SUBWAY® chain opened more than 2,000 new locations in 49 U.S. states and the District of Columbia, seven Canadian provinces and in 67 countries. Now, at more than 32,000 locations in 90 countries, the chain is, it says, poised to become the world’s single largest restaurant brand, in terms of number of locations. (kbp)