Subway Restraunts
Title of Assignment: SUBWAY RESTAURANTS & FRANCHISE CHAINCERTIFICATE OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. It was the summer of ’65 when Fred DeLuca and Dr. Peter Buck opened the first Subway restaurant in the town of Bridgeport, Connecticut. Over the last decades that ones restaurant has grown into an international phenomenon. Fred Deluca was 17 years old and needed money for college tuition. When he asked family friend Dr. Peter Buck for advice, he hoped that Pete might offer tuition loan. Pete’s unexpected guidance was, “You should open a submarine sandwich shop”. That was the start for young entrepreneur DeLuca. They keep their brand image fresh. That was including appearance of their restaurants. Pete did offer a $1000 loan to this enthusiastic young student; and within a month, on August 28, 1965, the first location opened in Bridgeport, Conn. That was the beginning of an e
Like we mentioned above Subway present themselves as a healty alternative among other quick alternative. Like Mc.Donalds now trying to change their image putting their menu to more salads and they merge with Newton’s to give image of quality salad’s with quality dressing. Mc Donalds was losing market share. In order to prevent to this happened they came up with this new menu changes. They are trying to recover their image loss. Mc Donald is seen now as a cheap démodé alternative. Further more They made fresh bread and put themselves in different position. Subway Restaurants, the privately held chain of sandwich shops, has eclipsed McDonald’s as the largest restaurant chain in the country. The Milford-based chain operates 13,247 stores in the United States, 148 more than McDonald’s as of Dec. 31. Subway, started by Fred DeLuca in 1965, opened 904 units last year, while McDonald’s opened 295. Subway spread all over the world rapidly. Franchising was the key • Competitive Product : Quick Service Restaurants are constantly expanding their menus. This can be done on a short-term promotional basis or as a long-term expansion strategy. the company attempts to achieve the lowest costs of production and distribution • The purpose of SFAFT is to pool and manage advertising funds and to produce advertising materials that promote the SUBWAY® Restaurant business for the benefit of all franchises.
Some topics in this essay:
Franchise Agreement,
Fred DeLuca,
TASTY HEALTHY,
Technological Trends,
Aspect Success,
SUBWAY® Restaurants,
Competitive Price,
Peter Buck,
Subway Subways,
Fred Pete,
• sfaft,
fred deluca,
fast food,
subway® restaurants,
• competitive,
target market,
market share,
healthy food,
submarine sandwich,
• sfaft employs,
sfaft employs,
sfaft employs national,
effective advertising campaign,
communicated via effective,
via effective advertising,
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Approximate Word count = 1893
Approximate Pages = 8 (250 words per page double spaced)
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