Early Subway storeFred de Luca opened his first sandwich shop, called ‘Pete’s Super Submarines’ in Bridgeport Connecticut in 1965. He opened several stores, changing the name to Subway in 1968, and in 1974 began a franchise operation. By 1983 the chain was ranked #1 in the sandwich business, expanding overseas for the first time in 1984. The first Australian Subway opened in Perth in June 1988. By 2002 Subway had  more outlets worldwide than McDonald’s.