Subway
Fast food
Sandwich
19531 Locations in United States
updated on Sep 25, 2024
Profile
Headquarters
Shelton, Connecticut, U.S.
Websites
https://www.subway.com/
Founded Date
1965 (59 years ago)
Founders
Fred DeLuca,Peter Buck,Carmela DeLuca
Description
Subway is a popular American fast-food restaurant chain specializing in submarine sandwiches (subs), wraps, and salads. It was founded in 1965 by Fred DeLuca and Peter Buck in Bridgeport, Connecticut, initially under the name "Pete's Super Submarines." In 1972, it was rebranded as Subway, and franchising began shortly after, in 1974.
Subway is now one of the largest restaurant chains globally, with over 37,000 locations in more than 100 countries. It promotes a "fresh" image, emphasizing freshly made sandwiches and customizable options. Popular menu items include its signature subs, like the Italian B.M.T. and Turkey Breast sandwiches, alongside healthier choices like salads and wraps. Subway also pioneered the "Eat Fresh" slogan, reflecting its focus on freshly baked bread and fresh ingredients.
In 2023, Subway was acquired by Roark Capital for $9.6 billion, further solidifying its global presence. The company continues to evolve its menu and operations to maintain its position as a leader in the fast-casual dining space.
Franchised
Investment Range
$229050-$522300
Initial Investment
$15,000
Global Sales
$19,100,000,000
US Units
20,576
International Units
16,000
Total Units
36,576
US Franchised Units
20,576
International Franchised Units
16,000
Franchised Units %
100.00%
International Units %
44.00%
Sales Growth %
9.10%
Unit Growth %
-1.50%
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