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
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
We have always had many more franchisee candidates than available locations. Fred DeLuca candidatefranchiseelocation Change image and share on social
The franchisees are uniquely in touch at the local level. They see what's going on in their communities in a way we couldn't ever imagine. Fred DeLuca communityfranchiseeimagine Change image and share on social
Higher unemployment generally bodes well for franchising. People are looking for a new opportunity, and people who have jobs are a little less confident they'll always have a job. Fred DeLuca bodeconfidentfranchise 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
I don't have any interest in cashing out or leaving the business or doing something else. I just love Subway, and I want to keep focusing on the company for the benefit of all our franchise owners. So I'm kind of like married to the job. Fred DeLuca benefitbusinesscash share on social
I was able to solve enough big problems along the way that the sheriff didn't come along and put the 'bankruptcy' sign up. Fred DeLuca bankruptcybigproblem Change image and share on social
You could have everything right but be in the wrong place. You think your business is no good, but really, the problem is your place is no good. Fred DeLuca businessgoodplace Change image and share on social
If you treat people nicely, and you allow them to fulfill a role that is satisfying for them, they'll accomplish a lot, and they'll enjoy their work. Fred DeLuca accomplishenjoyfulfill Change image and share on social