In memory of Subway’s Fred DeLuca
Fred DeLuca, founder of Subway, from a 2013 interview with Franchise Times.
Fred DeLuca, co-founder of the largest restaurant chain by units in the world, Subway, died September 14 at the age of 67, just weeks after celebrating his company’s 50th anniversary. DeLuca founded Subway when he was 17 with funds from a family friend, Dr. Peter Buck, a nuclear engineer. DeLuca was originally looking for money for college, but Buck challenged him to start a sub shop. DeLuca grew the single store named Pete’s Super Submarines to worldwide sales of $18.2 billion and 43,154 units as Subway.
DeLuca was known as a strong, opinionated leader who liked to be involved in all aspects of the company, which could at times create a rub with franchisees. When he was diagnosed with leukemia in 2013, he named his sister, Suzanne Greco, to run the day-to-day operations.