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Subway 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
by ethbr1 2y ago
Subway 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)