A new Subway franchise owner has negotiated a lease to reopen a Subway in the Central Business District in Fort Thomas.
Kyle Young, 36 from Hillsboro in Cincinnati, is set to open his eleventh Subway franchise located near the intersection of Highland and N. Fort Thomas Avenues.
In August, after 25 years of continuous operation the restaurant closed suddenly and abruptly. The franchisee who owned the Fort Thomas franchise for the last ten years, taped a note to the door, which indicated that revenue had dropped 35% over the last three years.
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With multiple high-profile closures in the Central Business District, Subway's shuttering was the tipping point for many to wonder whether or not Fort Thomas' central business corridor could survive.
Subway, which is set to open in April, according to Young, said that he believes that the Fort Thomas location can be successful.
"The store had a strong sales history and was in business for over 20 years," he said. "After reading hundreds of comments on Fort Thomas Matters and multiple people stopping me on the street, I still see a need for Subway today."
Young said that the previous owner, James Davis, and landlord, Ron Taylor, have been a tremendous help to get the location back up and running.
Young, who said that he'd like to own 20 Subway restaurants in the next five years, is hiring for all positions now.