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Subway is one of the cheapest restaurants to franchise. The company charges a $15,000 franchise fee and startup costs range from $105,800 to $393,600.
Subway IP LLC, [8] trading as Subway, is an American multinational fast food restaurant franchise that specializes in submarine sandwiches (subs) and wraps. It was founded by Fred DeLuca and financed by Peter Buck in 1965 as Pete's Super Submarines [ 9 ] in Bridgeport, Connecticut .
In October 2015, TDR Capital purchased a minority stake in Euro Garages. [25]In February 2016, Euro Garages formed a franchise partnership with KFC. [26]In October 2016, Euro Garages merged with TDR Capital's European Forecourt Retail group (EFR), to create Intervias Group, a new group comprising 1,450 locations, with a presence in the UK, France, the Netherlands, Belgium and Luxembourg.
Dortch Enterprises (DE) is a company in the restaurant business as a Subway and Taco Bell multiunit franchise operator and formerly owned the Halo Burger chain. Dortch was only one of 38 out of the 17,000 Subway franchisees worldwide that owns 40 or more locations. [1] The company as of August 12, 2019 has 21 Subway and 24 Taco Bell locations. [5]
Subway is slashing the prices of its footlong subs for two weeks, with some subs being $6.99 cheaper than their original price. ... with some subs being $6.99 cheaper than their original price.
Some Subway franchisees say the chain's new $6,000 meat slicers and freshly sliced meat are causing issues with workflow, food waste and more.
Trevor Haynes is an Australian businessman, and president, North America of the Subway fast food chain. He was appointed acting CEO from June 2018 until November 2019, after Suzanne Greco retired. In November 2019, Subway named former Burger King chief executive John Chidsey as CEO.
A federal court ordered the owners of 14 Subway locations north of San Francisco to pay employees nearly $1 million in damages and back pay — and also to sell or shut their businesses, with any ...
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