54 min listen
SUBWAY is SOLD: Roark Capital Wins BIDDING For Subway in $9.6 BILLION Deal
SUBWAY is SOLD: Roark Capital Wins BIDDING For Subway in $9.6 BILLION Deal
ratings:
Length:
5 minutes
Released:
Sep 1, 2023
Format:
Podcast episode
Description
In this episode, we take a deep dive into Roark Capital's recent acquisition of Subway, one of the largest restaurant acquisitions in history. Roark Capital, known for owning restaurant giants like Inspire Brands and Focus Brands, faced stiff competition from some of the world's biggest investment companies in an eight-month auction process before emerging as the winner. Despite Subway's difficult history and declining sales, Roark Capital has bet big on the sandwich giant's potential for resurgence, especially in international markets. Subway's CEO, John Chidsey, has already inked several notable development deals in the past two years, generating 10 quarters of positive same-store sales growth in the U.S.
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Tired of your job? Thinking of starting or buying a business?
Take our Biz Quiz to filter through over 10,000 business opportunities today!
https://www.vettedbiz.com/quiz-test/
Need help finding the right franchise? Click here:
https://www.vettedbiz.com/franchise-search/
#SubwayisSold #FranchiseFindings
If you are looking for more information, you can connect with us through our networks:
https://www.vettedbiz.com/
https://www.linkedin.com/company/vettedbiz/
https://www.facebook.com/vettedbiz
Released:
Sep 1, 2023
Format:
Podcast episode
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