"Subway was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines in Bridgeport, Connecticut."
The business model of Subway which involves franchising, including the criteria for franchisees, training, and support provided to franchisees.
Franchise Disclosure Document (FDD): A legal document that contains information about the franchisor, their business model, and the terms and conditions of the franchise agreement.
Initial investment costs: The amount of money required to become a Subway franchisee, including franchise fees, building costs, and equipment expenses.
Royalty fees: The ongoing fees paid by franchisees to the franchisor for the use of the Subway brand and other resources.
Advertising and marketing fees: The fees paid by franchisees to the franchisor to support national and regional marketing campaigns.
Training and support: The resources and training provided by the franchisor to help franchisees successfully operate their Subway franchise.
Site selection and lease negotiation: The process of selecting a suitable location for a Subway franchise and negotiating a lease agreement.
Menu and product offerings: The different types of sandwiches, salads, and other menu items offered by Subway franchises.
Operations and management: The day-to-day management of a Subway franchise, including hiring and training employees, inventory management, and customer service.
Technology and systems: The technological systems used by Subway franchises, including point-of-sale software and inventory management systems.
Legal and regulatory compliance: The laws and regulations that govern the operation of a Subway franchise, including health and safety regulations, labor laws, and tax laws.
Traditional Restaurant: This is the most common type of Subway franchise model. The traditional restaurant model involves opening a restaurant in a storefront or shopping center.
Non-Traditional Restaurant: This type of franchise model is suited for high-traffic areas such as airports, hospitals or universities. It usually consists of limited menu offerings and provides an opportunity to generate revenue from captive customers.
Food Cart/Kiosk: Subway also offers franchise owners the choice of operating a food cart or kiosk in a smaller footprint. This model is suitable for busy commercial areas that do not have space for a traditional restaurant.
Satellite Location: Subway allows franchise owners to own and operate a satellite location inside a pre-existing business, such as a convenience store, gas station or another franchise.
C-store: The c-store model is suited for convenience stores, gas stations, or other establishments that have a customer flow of potential Subway customers.
Mobile Food Truck: A mobile food truck allows franchise owners to take their business to various locations, catering for events or reaching new customers.
Delivery Only: This type of Subway franchise model does not involve a physical restaurant location. Customers place orders through a delivery-only operation that then delivers the food to their doorstep.
Co-branding: Co-branding involves opening a Subway franchise alongside another franchise in the same establishment. Co-branding allows the franchisee to take advantage of a shared customer base.
"Subway is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs), wraps, salads and drinks."
"Subway was founded by Fred DeLuca and financed by Peter Buck."
"It was finally renamed Subway in 1972."
"A franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut."
"The longtime Subway slogan, 'Eat Fresh,' is intended to indicate the fresh ingredients that are used in their sandwiches."
"It was the fastest-growing franchise in the world in 2015."
"As of June 2021, had 37,540 locations in more than 100 countries and territories."
"More than half its locations (21,796 or 58.1%) are in the United States."
"Its international headquarters is in Milford, Connecticut."
"In 2023, Subway was purchased by Roark Capital."
"Subway was founded by Fred DeLuca."
"Subway specializes in submarine sandwiches (subs), wraps, salads and drinks."
"Subway was originally named Pete's Super Submarines."
"A franchise operation began in 1974."
"As of June 2021, had 37,540 locations in more than 100 countries and territories."
"The longtime Subway slogan, 'Eat Fresh.'"
"Subway was financed by Peter Buck."
"Its international headquarters is in Milford, Connecticut."
"It also is the largest single-brand restaurant chain, and the largest restaurant operator in the world."