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- Frederick Adrian DeLuca (October 3, 1947 – September 14, 2015) was an American businessman, who was the co-founder and president of the Subway franchise of fast food restaurants with Peter Buck. During his tenure, Subway grew into the largest franchise in the world.
en.wikipedia.org/wiki/Fred_DeLuca
Frederick Adrian DeLuca (October 3, 1947 – September 14, 2015) was an American businessman, who was the co-founder and president of the Subway franchise of fast food restaurants with Peter Buck. During his tenure, Subway grew into the largest franchise in the world.
- Entreprenurial Beginnings
- $1,000 and A Handshake
- Honors and Distinctions
- The Frederick A. Deluca Foundation
- The Fred Deluca Story
Born on Oct. 3, 1947, DeLuca was entrepreneurial from a young age and collected soda bottles to turn them in for the deposit in order to buy comic books. After reading the comic books, he sold them to other kids and bought more with the profits. With hard work, he became a member of Junior Achievement, a nonprofit organization with a mission to ins...
Subway’s founding goes back to 1965 when 17-year-old DeLuca asked a family friend, Dr. Peter Buck, for advice on how to pay for college tuition since DeLuca worked minimum wage ($1.65/hr.) at the local hardware store.Since Buck did well financially and had a nice home, DeLuca hoped that Buck could be persuaded to help him with tuition. But Buck sur...
DeLuca married his high school sweetheart, Elisabeth, and they spent many date nights frequenting other sub shops to see how their business compared to the competition. Over the course of his life, he received many accolades such as an honorary doctorate from his alma mater. According to Subway’s tribute to DeLuca, he carried the torch through Broo...
The Frederick A. DeLuca Foundationwas created in 1997 and supports charitable programs that empower individuals to lead healthy and productive lives through education, awareness, and more. According to Subway’s tribute, he required that every executive director applying for a grant would receive a Subway gift card, regardless of if they got the gra...
Through hardshipsand successes, DeLuca and Buck left an indelible mark on franchising with Subway. Weeks after the iconic franchise’s 50th anniversary in 2015, DeLuca passed away at 67 from Leukemia, but his legacy and impact can still be felt throughout the franchise industry today. The Fred DeLuca story is about a man of meager means becoming the...
Oct 15, 2015 · Along the way, DeLuca became one of the wealthiest businessmen in America, though he never revealed how wealthy. Doctor’s Associates remained a private company co-owned by DeLuca and Buck, and the chain never disclosed its CEO’s pay.
DeLuca did earn his degree from the University of Bridgeport, but found the entrepreneurial life hard to resist. He planned on expanding Subway to at least 30 stores by the end of its first decade in business, but in 1974 was half short of that goal.
Mar 29, 2022 · Fred DeLuca transformed a sandwich shop into one of the most successful chains in the U.S. Along the way though, DeLuca nearly ran Subway into the ground.
Sep 16, 2015 · In 1965, aged 17 and armed with just the $1,000 he borrowed from family friend Peter Buck, who became his business partner, DeLuca opened his first sandwich shop in Bridgeport, Connecticut....
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Apr 25, 2024 · Find out how Subway founder Fred Deluca started Subway best known for being a healthy alternative to fast-food chains across America.
