| Artisan Sponsors |  |
| Subway Restaurant – Penetanguishene | |
| Fred DeLuca, the co-founder of Subway
Sandwiches and Salads®, was a 17 year old high school
graduate with a goal of going to college and one day
becoming a doctor. Fred asked a family friend, Dr. Peter
Buck, a nuclear physicist, for some advice on how to
raise money to pay his tuition. It seems that Dr. Buck
had seen a successful submarine sandwich shop in his home
state of Maine and thought it would make a great venture
for this enthusiastic young student. In August 1965 Dr.
Buck loaned Fred $1,000 to open his first unit in
Bridgeport, Connecticut which sold freshly made foot long
sandwiches. As part of their business plan, a goal was set to open 32 stores in the first ten years of operation. In 1974, only 16 stores were open. How would they reach their goal? Fred’s solution? Franchising. Why not get other people involved in this opportunity? Fred and Pete hit their goal of 32 stores the following year, right on schedule and proceeded to set a new goal: Target 200. As they reached the 200-store mark, Fred announced his latest and most ambitious goal: 5,000 stores open and operating by 1994, a goal which was reached and exceeded by 1990! Today the Subway® franchise has over 13,800 units open with no sign of slowing. We have virtually written franchise history with the incredible feat of opening over 11,000 stores in the past eleven years. Visit our website at: www.subway.com Visit our Penetanguishene Location at 188 Main Street or call your orders in advance at 549-0059 Penetanguishene Subway will have a remote location set-up at Jack’s Nasty Face Tavern and is one of the Artisan Sponsors of the Battle of Georgian Bay weekend. |
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