Subway | |
Formerly |
|
Company type | Private |
Industry | Restaurants |
Genre | Fast-food restaurant |
Founded | August 28, 1965Bridgeport, Connecticut, U.S. | in
Founders |
|
Headquarters | , U.S.[2] |
Number of locations | 37,000 approx (September 2023)[3] |
Area served | Worldwide (100+ countries) |
Key people | John Chidsey (president & CEO)[4] |
Products |
|
Revenue | US$16.1 billion (2019)[5] US$10.2 billion (U.S.)[6] |
Owner | Roark Capital Group |
Number of employees | 410,000, including franchises (2022)[7] |
Website | subway.com |
Subway IP LLC,[8] doing business 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. After several name changes, it was renamed Subway in 1972, and a franchise operation began in 1974 with a second restaurant in Wallingford, Connecticut.[10]
The longtime Subway slogan, "Eat Fresh", is intended to indicate that their toppings are indeed fresh. It was the fastest-growing franchise in the world in 2015[11] and, as of September 2023, has over 37,000 locations in more than 100 countries and territories. More than half its locations (21,796 or 58.1%) are in the United States.[3][12][13] It is the largest single-brand restaurant chain and the largest restaurant operator in the world.[14][15][16][17] Its international headquarters are in Shelton, Connecticut, with further headquarters in Miami, Florida.
Today, the SUBWAY brand is the world's largest submarine sandwich chain with more than 20,603 locations around the world.
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