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==Corporate affairs== [[File:Counter and customers, new-style Subway restaurant.jpg|thumb|Interior of a Subway franchise in [[Huntington, Virginia|Huntington]], [[Virginia]] designed in the new style]] [[File:Subway in Burwood Plaza.jpg|thumb|Subway in [[Sydney]], Australia]] [[File:Subway, Deventer (2022) 02.jpg|thumb|Subway in [[Deventer]], Netherlands]] ===Ownership=== {{as of|2024}}, Subway was owned by the private equity group [[Roark Capital]].<ref name="WSJ-Roark">{{cite news |title=Private-Equity Firm Roark Cleared to Acquire Sandwich Chain Subway |last=Haddon |first=Heather |work=[[The Wall Street Journal]] |url=https://www.wsj.com/livecoverage/stock-market-today-earnings-04-30-2024/card/private-equity-firm-roark-cleared-to-acquire-sandwich-chain-subway-DAb2UzXhboJF5pxykc0E?mod=lctimeline_finance |date=April 30, 2024 |access-date=May 1, 2024}}</ref> Prior to that, Subway had been owned by its founding families for six decades. In 2019, John Chidsey joined Subway as the first chief executive officer outside of the DeLuca family.<ref>{{Cite web |date=2022-02-22 |title=CEO John Chidsey shifts Subway's focus to quality, not quantity {{!}} Nation's Restaurant News |url=https://www.nrn.com/quick-service/ceo-john-chidsey-shifts-subway-s-franchise-focus-quality-not-quantity |access-date=2024-02-24 |archive-date=February 22, 2022 |archive-url=https://web.archive.org/web/20220222231017/https://www.nrn.com/quick-service/ceo-john-chidsey-shifts-subway-s-franchise-focus-quality-not-quantity |url-status=bot: unknown }}</ref> ===Structure=== As of 2017, the Subway Group of companies was organized as follows: *Subway IP Inc. is the owner of the intellectual property for the restaurant system. *Franchise World Headquarters, LLC leads franchising operations. FWH Technologies, LLC owns and licenses Subway's [[point of sale]] software. *Franchisors include Doctor's Associates Inc. in the U.S.; Subway International B.V.; Subway Franchise Systems of Canada, Ltd.; etc. *Advertising affiliates include Subway Franchisee Advertising Fund Trust, Ltd.; Subway Franchisee Advertising Fund Trust, B.V.; Subway Franchisee Canadian Advertising Trust; etc.<ref>{{cite web |author=Subway IP Inc. |date=2017-01-03 |title=Privacy Notice {{!}} subway.com - United States (English) |url=https://www.subway.com/en-US/Legal/PrivacyNotice |url-status=live |archive-url=https://web.archive.org/web/20200217145354/https://www.subway.com/en-us/legal/privacynotice |archive-date=February 17, 2020 |access-date=2017-09-24 |website=www.subway.com}}</ref><ref>{{cite web |author=Subway IP Inc. |date=2017-01-03 |title=Privacy Statement FWH {{!}} SUBWAY.com - United States (English) |url=https://www.subway.com/en-US/Legal/PrivacyStatement-FWH |url-status=live |archive-url=https://web.archive.org/web/20191022133947/https://www.subway.com/en-us/legal/privacystatement-fwh |archive-date=October 22, 2019 |access-date=2017-09-24 |website=www.subway.com}}</ref> *IPC Europe (Independent Purchasing Company Europe Limited), manager of the Subway franchisees and the Subcard loyalty scheme in European countries.<ref>{{cite web |title=IPC Europe |url=http://www.ipceurope.org/ |url-status=live |archive-url=https://web.archive.org/web/20200618123334/http://www.ipceurope.org/ |archive-date=June 18, 2020 |access-date=June 18, 2020}}</ref><ref>{{cite web |title=Subcard® {{!}} Terms and conditions |url=https://subcard.subway.co.uk/cardholder/en/tnc/ |url-status=live |archive-url=https://web.archive.org/web/20200619134709/https://subcard.subway.co.uk/cardholder/en/tnc/ |archive-date=June 19, 2020 |access-date=June 18, 2020}}</ref> ===Headquarters=== Subway's international headquarters are in [[Shelton, Connecticut]]. The company is in the Enterprise Corporate Park, where it takes {{convert|90000|sqft|sqm}} of space.<ref>{{cite web|url=https://therealdeal.com/new-york/tristate/2024/01/04/connecticut-developer-buys-former-subway-hq-for-10m/|title=Developer picks up former Subway HQ, orders warehouse project|magazine=[[The Real Deal (magazine)|The Real Deal]]|date=2024-01-04|access-date=2024-09-18}}</ref> This space takes up three floors.<ref>{{cite web|url=https://therealdeal.com/new-york/tristate/2023/10/29/subway-choose-fresh-new-connecticut-headquarters/|title=Subway slices off longtime Connecticut headquarters|magazine=[[The Real Deal (magazine)|The Real Deal]]|date=2023-10-29|access-date=2024-09-18}}</ref> This facility began operations in 2023.<ref>{{cite web|url=https://www.courant.com/2023/10/23/subway-opens-new-dual-headquarters-in-ct-town/|title=Subway opens new dual-headquarters in CT town |newspaper=[[Hartford Courant]]|date=2023-10-23|access-date=2024-09-18}}</ref> The company stated that it chose Shelton due to proximity to various locations in Connecticut as well as proximity to points of interest.<ref>{{cite web|url=https://www.courant.com/2022/06/27/subway-to-move-its-headquarters-to-shelton-from-milford-citing-amenities-close-access-to-much-of-connecticut/|title=Subway to move its headquarters to Shelton from Milford, citing amenities, close access to much of Connecticut |newspaper=[[Hartford Courant]]|date=2022-06-27|access-date=2024-09-18}}</ref> Previously the headquarters were in [[Milford, Connecticut]], taking up three land portions.<ref>{{cite web|url=https://www.hartfordbusiness.com/article/subways-former-hq-campus-sells-for-10m-for-new-warehouse-development|title=Subway's former HQ campus sells for $10M for new warehouse development|magazine=Hartford Business|date=2024-01-02|access-date=2024-09-18}}</ref> In 2024 the former buildings were razed.<ref>{{cite web|last=Sambides|first=Nick|url=https://www.milfordmirror.com/news/article/demolition-subway-hq-milford-18979455.php|title=Demolition underway at former Subway HQ in Milford: 'Sad and exciting in the same breath'|newspaper=Milford Mirror|date=2024-03-14|access-date=2024-09-18}}</ref> There are five regional centers supporting the company's international operations. The regional offices for European franchises are located in [[Amsterdam]] (Netherlands); the Australian and New Zealand locations are supported from [[Brisbane]] (Australia); the Asian locations are supported from offices in [[Beirut]] (Lebanon) and [[Singapore]]; and the Latin American support center is in [[Miami]] (US).<ref>{{cite web |url=http://www.subway.com/subwayroot/about_us/PR_Docs/Undercover%20Boss%20Epic%20Bosses.pdf |title=Subway® CDO Don Fertman Back On Undercover Boss In New "Epic Bosses" Episode |access-date=June 14, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130827045251/http://www.subway.com/subwayroot/about_us/PR_Docs/Undercover%20Boss%20Epic%20Bosses.pdf |archive-date=August 27, 2013 }}</ref> ===Franchising=== The startup cost of owning a Subway franchise is significantly lower than competitors, beginning at around $200,000 to $500,000. However, Subway franchisees also pay some of the highest percentages of profits (around 12.5%) back to Subway compared to competitors.<ref>{{cite web|url=https://www.theguardian.com/tv-and-radio/2022/may/23/john-oliver-subway-franchisees|title=John Oliver on Subway franchisees: 'Dream turned into a nightmare'|author=Guardian staff|work=www.theguardian.com|date=May 23, 2022|accessdate=May 23, 2022}}</ref>
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