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Case Study Of Subway

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Business Identification & Summary: The above case study is about the success story of Subway. Subway’s type of ownership is franchise. Subway was founded in the year 1965 in state of Connecticut in the United States of America by Fred DeLuca who 17 years old at the time and was looking to pay his college fees by opening a sandwich shop. DeLuca’s restaurant has since expanded and is, today, one of the largest restaurant franchises in the world. DeLuca started by getting a loan of $1000 from a close friend who encouraged him to open his own restaurant. In 1965, he started his first restaurant but the result was underwhelming. Instead of closing his business down, he went on and opened a second restaurant. Yet again, the result was underwhelming. …show more content…

It sells mostly submarine sandwiches (subs) and salads. It is owned and operated by Doctor's Associates Inc. Subway is one of the fastest growing franchises in the world, with over 44,000 restaurants in over 110 countries and territories as of September 18, 2015. It is the largest restaurant chain in the world. Subway's international headquarters is in the state of Connecticut; five regional centers support Subway's international operations. The regional offices for European franchises are located in Amsterdam; the Australia and New Zealand locations are being assisted from city of Brisbane in Australia; the Asia continent locations are supported from offices located in city of Beirut in Lebanon, and Singapore city; and the Latin America support center is in state of Florida. In 1965, Fred DeLuca borrowed $1,000 from friend Peter Buck to start "Pete's Super Submarines" in Connecticut, and in the following year they formed a company called Doctor's Associates Inc. to oversee operations of the restaurants as the franchise expanded. The name of the holding company is coming from the fact that DeLuca was aspiring to become a doctor but instead opened a restaurant that eventually became Subway. In the year 1968, the sandwich shop was renamed

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