Business Chief US+CAN Magazine April 2019 | Page 98

TOP 10
98

08 Subway

Est . 1965

The Connecticut-based sandwich shop chain was launched in the
1960s to pay for Fred DeLuca ’ s school tuition . Peter Buck financed the project with $ 1,000 to open the first shop – the company now operates in more than 100 countries across the world . DeLuca and Buck decided to start franchising in 1974 when they realized they would not meet their goal of opening 32 stores . “ Today , the SUBWAY ®
brand is the world ’ s largest submarine sandwich chain with more than 40,000 locations around the world ,” the company says .
APRIL 2019