Image: Subway.com
The Start of Subway
In 1965, a freshman college student named Fred DeLuca needed money to be able to afford his college classes. He had the idea of opening a submarine sandwich shop to help pay for his college classes. A man named Peter Buck offered to pay a 1000 dollar investment for DeLuca to open his store. On August 28, 1965, DeLuca and buck opened their doors in Bridgeport, Connecticut. There shop was named Pete’s Subway. By 1974, they owned 16 locations. There goal was to own 32 locations. They also began letting people operate their own Subway franchise. This is where their repaid growth began.
