AG, I think that you are right when you said that "it could have been two guys who were expanding the franchise into New York and were doing that" in the subway.
I'm a weekly Subway fan (foot-long, Italian herb and cheese roll' tuna and swiss, and soak the bread with lots of vinegar, and add everything, pls) so I usually end up tell my version of the story while my sandwich is being constructed and two weeks ago the manager told me that one of those Subway guys had passed away as a very wealthy individual, But she was reluctant to agree that they were the original founders.
Here's a question if you'd care to answer ... If the same individuals who founded the Subway Sandwich company stillowned that company today with 400,000 franchizees .... how do those original owners receive their income?
A yearly franchise fee?
A percentage of each store's daily income?
By selling the sandwich ingredients to the store managers?
__________?
Even if each one of those 400,000 stores were to send $1 a day to the original guys, it would be an astronomical daily income.
I recently spoke to a senior In-n-Out executive who told me that that fast food chain was owned by one individual, the daughter of the original founder. She steped in after her brother passed away.
I have never been to an In-n-Out that wasn't packed with customers.
She must be a daily billionaire.