Subway started with a $1,000 loan between a 17-year-old and a family friend.
In 1965, Fred DeLuca needed money for college. Family friend Peter Buck lent him $1,000 to open a sandwich shop in Bridgeport, Connecticut. It was called Pete’s Super Submarines. In 2023 the founding families sold it to Roark Capital for about $9.55 billion.
Subway on Brandseum