October 19, 2019
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    30-Store Sandwich Chain in Sri Lanka

    July 24, 2014

    Subway, a US-based fast food franchise opened its first store in R.A.de Mel Mawatha in Colombo recently.

    According to the co-franchise owner  Asath Sebastian, it is planned to open 30-stores in Sri Lanka within next five years and double it within another five years' time. The chain has expanded into over 100 countries with its trademark submarine sandwiches and salads.

     

    The firm has invested 500,000 US dollars approx. in the venture including one million to launch the brand.

     

    The firm also plans to open two to three subway stores in Sri Lanka this year.  To start with they will launch Subway in Colombo and greater Colombo and then go for Subways at Kandy, Galle, Matara, Ratnapura and so on.

     

    Sebastian said this will be a success with the tourists too as they like to experience international brands with a local taste.(KH)

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