Subway surpasses McDonald’s as the world’s largest restaurant chain

By on Mar 8, 2011 in Business, Food, Lifestyle, United States Comments

Sandwich chain Subway now surpassed McDonald’s as the world’s largest restaurant chain, according to international news sites on Tuesday, March 8, 2011.

Subway spokesman Les Winograd told reports that the company had 33,749 restaurants worldwide as of the end of 2010, while McDonald’s had only 32,737 sites, according to last month’s regulatory filing.

“Last year was actually pretty average for us, growth-wise; we aim to open between 1,000 and 2,000 locations globally each year.” Winograd was quoted as saying.

As posted on their website homepage, Subway has currently, 34,225 restaurants in 95 countries worldwide, since it was established back in 1965.

As of this writing, the chain has more than 24,000 restaurants in the U.S., and generated $10.5 billion of its $15.2 billion in revenue in 2010.

On the other hand, McDonald’s still has the highest sales revenue with about $24 billion in revenue in 2010, according to reports.

McDonald’s has restaurants in 117 countries globally and employs around 1.7 million people, with more than 75% of its units are franchised.

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