- New
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- Nov 07, 2020
Fred Deluca Quotes
Most Famous Fred Deluca Quotes of All Time!
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- Last Updated on May 30, 2021
- Done
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- Nov 07, 2020
In some markets, we don't have a lot of room to expand. We've done studies of store density and essentially found our more dense markets have more than one store per 15,000 people.
- Pretty
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- Nov 07, 2020
The United States is a huge market, and once you get rolling, you can replicate that model over and over pretty easily. Your supply lines are taken care of. You don't have technicians to deal with. You've got your customer base.
- First
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- Nov 07, 2020
When we first started the company, I didn't have any thoughts of franchising. We just had company-owned stores.
- Business
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- Nov 07, 2020
When you're invested in your own business, you're going to run it better. When people are financially responsible for whether their store succeeds, they're going to have that kind of entrepreneurial spirit that's harder to get if headquarters is running things.
- Profit
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- Nov 07, 2020
If you have company-owned stores, you make 100 percent of the profit from each one, but you have less entrepreneurial spirit.
- Always
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- Nov 07, 2020
There may be a perception that, with franchises, they're all the same, so that limits the ability to experiment. But that's not true. We've always kept two slots open on the menu of each Subway franchise - slots that franchisees can use to come up with their own sandwich ideas.
- Business
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- Nov 07, 2020
We find that no matter what country we're in, if we hit the right economic notes and appeal to the mass market, we're able to build the business very, very rapidly.
- More
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- Nov 07, 2020
Everybody eats three times a day; it's only a question of where they choose to eat. The longer-term trends are people eat out more often.
- Farther
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- Nov 07, 2020
In 1974, we began franchising. We didn't have any big thought process except that, 'OK, franchising will help us get to our goal of 32 stores and help us run stores farther away from home.'
- More
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- Nov 07, 2020
Because the stores worked, franchisees wanted to build more stores. If your model works, folks who are happy with it will buy out the ones who aren't happy.
- Daily
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- Nov 07, 2020
A lot of stuff happens daily when you're running a company like Subway. If you get too happy about some things or too unhappy about others, you get worn out. It's best if you can pace yourself a little bit more.
- More
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- Nov 07, 2020
I tell everybody there are only three things that we do. We build sales at the store level, we build profits at the store level, and we build more stores. The first two things go in tandem, of course. It's pretty tough to build profits without sales.
- Important
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- Nov 07, 2020
After 39 years of business, I'm still learning. I go through this every year -identifying new strategies that are extremely important.
- Job
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- Nov 07, 2020
From my point of view, my job is just to work hard for our franchisees, so they can maintain the position they're in, and to grow market share.
- Business
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- Nov 07, 2020