The Subway Franchise
Title: The Subway Franchise
Category: /Literature/English
Details: Words: 418 | Pages: 2 (approximately 235 words/page)
The Subway Franchise
Category: /Literature/English
Details: Words: 418 | Pages: 2 (approximately 235 words/page)
The Subway Franchise
The Subway story started in 1965 in Bridgeport, Connecticut during the summer of 1965. 17 year old Fred DeLuca was trying to earn enough money to pay for his college tuition by working in a hardware store. He wanted a way to add money to his minimum wage salary. He got the solution at a backyard barbecue in a conversation with a family friend, nuclear physicist Dr. Peter Buck. With a $1000 loan from Buck, DeLuca
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each foot long submarine is the bread, freshly baked on the premises daily. Sub way is the first sandwich chain to bake their bread on the premises.
In 1990 Subway’s sales exceeded 1 billion dollars and in 1997 they are expected to exceed 3 billion. Subway has some shops in many untraditional places such as convenience stores, stadiums, hospitals, airports, and truck stops. Subway has been named the #1 franchise for ten years in a row by Entrepreneur magazine.


