"Pete's Subway", originally known as "Pete’s Super Submarines," was one ambitious student's attempt to fund his college expenses. Fred DeLuca originally intended to use the business to support him through medical school, but his passions changed as his venture kept growing and he never did go to med school.
DeLuca partnered with Dr. Peter Buck to open that first sandwich shop in Bridgeport, Conn. After DeLuca graduated from the University of Bridgeport and decided not to continue his education, he and Buck set a goal of opening 32 subway stores within 10 years. They eventually realized that they would have to franchise their humble restaurant in order to reach that goal. Today, their enterprise serves sandwiches across the globe.
Correction: Clarifications to this slide were made to more accurately describe the early history of the Subway chain.