The Subway Franchise The Subway Franchise The Subway invention started in 1965 in Bridgeport, Connecticut during the summer of 1965. 17 family nonagenarian Fred DeLuca was trying to earn enough property to right for his college cultivation by working in a computer ironware 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, thermonuclear physicist Dr. Peter Buck. With a $1000 loan from Buck, DeLuca opened Petes learn Submarine on August 28, 1965. One year later, he opened his second shop so customers would see him expanding and cogitate that he was successful.
In an effort to increase visibility to customers, he shortened the name to Subway and introduced the bright yellow logo. The premier(a) Subway franchise opened in Wallingford, Connecticut in 1974. The initial franchise fee is $10,000 for a moderate lay out store. By the time you add in the $7,500 leasehold improvements, the $2.500 equipment lease credential deposi...If you want to get a full essay, order it on our website:
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