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Subway is a good reminder that location matters too. While they have a lot of locations, they are not nearly as selective in where they go.
by kube-system 2y ago
Subway is a good reminder that location matters too. While they have a lot of locations, they are not nearly as selective in where they go.
- ethbr1 2y agoSubway is also an optimization in franchise virality and typically doesn't own its own real estate. I.e. they will let you open a Subway franchise today and me another one across the street tomorrow.
- ghaff 2y agoAlso something of an exercise in my experience of how bad sandwich franchises can be.
- ethbr1 2y agoIt's interesting watching the cycle of startup -> optimization for customer value -> brand buyout -> optimization for profit. F.ex. Blimpie (MTY 2016), Jimmy Johns (Roark 2016), Firehouse Sub (RBI 2021), Subway (Roark 2023), Jersey Mike's (Blackstone 2024)