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Subway's corporate history
1965, Fred Deluka 17 years old. At that time, he needed enough money to go to college. When he asked his family friend Peter Baker for help and advice, he hoped that Peter could lend him tuition. Peter told him unexpectedly, "You should open a submarine sandwich fast food restaurant". Peter lent the enthusiastic and energetic young man $65,438+0,000. A month later, on August 28th, 1965, the first store was born in Bridgeport, Connecticut.

By 1987, the number of subway stores joining the chain reached 1000, by 199 1, reaching 5000, 1995 10000. By June of 20 1 1, Subway had 3,4751stores in 98 countries around the world.

Subway was rated as the first choice for franchise opportunities by Entrepreneur magazine in several evaluation projects. In the past 14 years, Subway won this honor for 10 years in a row. Subway is currently the largest franchise fast food chain in the United States, which has replaced McDonald's leading position in the number of stores.

At Subway, we are sincerely proud of our delicious food and the excellent joining opportunities for people with lofty ideals. As always, we strive to provide delicious and healthy food for consumers. Subway is a growing brand and is recognized as a delicious and healthy sandwich.

1965, Bridgeport, Connecticut, USA, Fred Deluka just graduated from high school. Like many peers, he is very eager to enter the university for further study. Although he is a diligent, capable and reliable young man, it is really difficult to raise enough tuition fees by doing odd jobs in the local hardware store and earning $65,438 +0.25 an hour.

Frustrated, Fred decided to ask his family friend Dr. Peter Baker for some advice. As a friend for many years, Fred told Dr. Barker that he was eager to become a doctor through study and hoped that Dr. Barker could lend him a tuition fee. However, Dr. Barker told Fred an idea that would change his life and the lives of people all over the world.

"I think you should open a submarine sandwich fast food restaurant," said Dr. Barker.

At first, Fred was full of doubts, but when Dr. Dambach said that this sandwich shop could pay Fred's tuition in the future, he immediately agreed to set up a joint store. That night, Fred and Dr. Barker set up the first Subway fast food restaurant in partnership.

At noon on the first day, Fred and Peter's submarine sandwich shop opened and customers flocked to it. From that day on, the company continued to flourish. Fred and Peter's goal is to open 32 submarine sandwich fast food restaurants within 10 years. By 1974, that is, eight years after they established the first sandwich fast food restaurant, Fred and Peter owned and managed sixteen fast food restaurants in Connecticut, USA, and only completed half of their goal.

Just as Fred and Peter were looking forward to expanding their business, they thought of franchising. At first, they ignored this point and thought that franchising was for "big companies". The determination to succeed made Fred and Peter firm, and franchising was the key to achieve the goal. Therefore, Fred met his friend Brian Dixon and offered him very generous terms. He offered Brian a loan to buy one of the fast food restaurants, but in order to increase his appeal, Fred told Brian that if he didn't like the industry, he could return the fast food restaurant.

Brian is the first franchisee of Subway, and he has set a new standard for Subway's business model. In this way, Peter and Fred not only achieved their goals, but also exceeded their initial expectations. 2008 is the 43rd year of subway operation. Subway has become the world's largest submarine sandwich franchise chain, with more branches in the United States, Canada and Australia than McDonald's. Fred Deluka and Subway Subway have won numerous awards and honors, and Subway's name and products have appeared in many TV programs and cartoons. Subway franchise stores have experienced a long development process since the ordinary sandwich fast food restaurant in Bridgeport, Connecticut, USA.