Search results
Subway franchise
- 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.
Oct 15, 2015 · DeLuca, 17 at the time, was working in a hardware store in hopes of paying for a college education that would make him an M.D. He lamented that he barely had enough money for lunch, never mind college, and was limited in his midday choice to greasy fast-food burger joints.
- 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...
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.
May 9, 2018 · In 1965, 17-year-old Fred DeLuca asked a family friend, Dr. Peter Buck, for a $1,000 loan. DeLuca used the money to create a sandwich shop in Bridgeport, Conn.
- Matthew Mccreary
- Entreprenuer
- Associate Editor, Contributed Content
Jun 10, 2021 · DeLuca grew up in public housing in the Bronx, New York, the son of a factory worker who dropped out of high school. In 1965, DeLuca, age 17, attended a Connecticut barbecue and asked his...
People also ask
Who is Fred DeLuca?
How did Fred DeLuca become a billionaire?
Why did Fred DeLuca start subway?
What happened to Fred DeLuca?
What was DeLuca's life like when he was 17?
What will DeLuca do in the next half-century?
For several years in the 1990s, it was consistently named the top franchise opportunity in Entrepreneur magazine's annual ratings issue. DeLuca is known as a hands-on CEO who regularly checks up on Subway stores posing as an average customer.
