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. Fred DeLuca 000densedensity Change image and share on social
We give great value for our franchisees: They can build a store for well under $200,000. And we have extremely simple operating systems. The preparation is mostly done in front of the customer. That simplicity is really what attracts our Subway franchise. You see it, and you can do it. Fred DeLuca 000attractbuild share on social
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. Fred DeLuca choosedayeat Change image and share on social
You really have to understand this isn't a business where you sit in the back room and do calculations - you have to be very concerned about employees and customers, because that's really what's going to bring you success. Fred DeLuca backbringbusiness share on social
Back in the early days of international, everybody wanted to customize the menu for every place. Fred DeLuca backcustomizeday Change image and share on social
I watch 'Shark Tank,' of course. It's very entertaining. I think it's actually good to help people think about the business they might start, and sometimes you get encouraged by looking at someone going into business and saying, 'Hey, I could do that.' Fred DeLuca businessencourageentertain share on social
You have to realize that the customer really is king. People who go into more established businesses probably have to be careful not to be casual about that. When you have a brand-new business, and nobody knows who you are, you know you have to work really hard for your customers. Fred DeLuca brandbusinesscareful share on social
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. Fred DeLuca bitecompanydaily share on social
The payroll tax is affecting sales. It's causing sales declines. Fred DeLuca affectcausedecline Change image and share on social
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. Fred DeLuca businessentrepreneurialfinancially share on social
