Peter Buck.

By
Managing Real Estate Broker with Fathom Realty PB00068179

Peter Buck was born in South Portland, Maine back in 1930. He graduated from Bowdoin College in Brunswick. Continuing his education in 1952 he graduated with a master’s and doctoral degree in physics at Columbia University.

From 1957 to 1978 he worked as a nuclear physicist for several companies. In 1965, he loaned a family friend Fred $1,000.00 while the friend was a student at the University of Bridgeport in Bridgeport, Connecticut. Fred took that money and sold sandwiches to help him pay his way through college. Apparently, the sandwiches were a hit as Fred opened up 16 more locations in Connecticut. In 1974, they franchised out the restaurants.    

What you may not know about Peter is that the family friend was Fred DeLuca and the name of the sandwich shop was first called “Pete’s Super Submarines”. The name was changed to Subway Sandwiches in 1973. That $1,000.00 loan sure paid off for Mr. Buck as he is now worth 1.6 Billion. Not bad for a $1,000.00 investment, not bad at all. He currently lives in Danbury, Connecticut.

Until tomorrow give someone the free gift of a smile

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NW Arkansas the home of WalMart, JB Hunt Trucking and Tyson Foods.

 

Come for a visit stay for a lifetime.  

 

URL http://www.sellnwa.com 

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Rainmaker
5,044,442
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, James Dray that was a nice bit of detailed information about a business that's certainly familiar to everyone....

Apr 28, 2019 02:28 AM #1
Rainmaker
3,640,441
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning James. What a wonderful story this is. Great way to start my day.

Apr 28, 2019 03:38 AM #2
Rainmaker
1,264,098
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning James,

This one I knew about and not one of my shops around town.

Make yourself an astonishing day.

Apr 28, 2019 04:40 AM #3
Rainmaker
3,308,198
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning James. Not a bad investment at all. And, not a bad sandwich! Enjoy your day!

Apr 28, 2019 04:49 AM #4
Rainmaker
3,270,319
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

That is perfectly enjoyable story of Amerian entrepreneurship !

Apr 28, 2019 04:49 AM #5
Rainmaker
1,206,735
Donald Urschalitz
One World Realty Inc. - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

Since we have so many Subway shops I have contributed to his wealth.

Apr 28, 2019 05:18 AM #6
Rainmaker
3,365,699
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning,  James - his nice gesture paid off handsomely. 

Apr 28, 2019 06:37 AM #7
Rainmaker
1,238,881
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi James Dray - What a great success story about Peter Buck.  It seems that Arizona has a plethora of Subway Shops. We have two in Sedona!  It seems to me that many who have retired to Arizona decided to buy a Subway franchise for that extra income.  Good deeds do not go unnoticed. 

Apr 28, 2019 07:09 AM #8
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I have heard of high returns on investment but this is off the charts.

Apr 28, 2019 07:21 AM #9
Rainmaker
1,023,184
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Not nuclear submarines franchise sold to the Russians? 

I suspect the subway in NYC was where it prosper as I recall.

Sam Shueh

Apr 28, 2019 07:51 AM #10
Rainmaker
1,623,981
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I love this story James Dray .

Apr 28, 2019 08:29 AM #11
Rainmaker
1,329,649
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Hi James,
Now that is a successful investment story! 

Apr 28, 2019 08:53 AM #12
Rainmaker
4,496,661
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

James,

What a great investment tale, and I have not heard of this business.  A

Apr 28, 2019 09:27 AM #13
Ambassador
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Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi James- we have tons of Subway shops around!!!  

Apr 28, 2019 01:18 PM #14
Ambassador
3,360,165
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Every good idea has to start somewhere and its inspiring to know that you can grow something so big from something so small. When you pour yourself into something  the possibilities are endless.

Apr 28, 2019 02:09 PM #15
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Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi James,  Thanks for sharing this great story.  It just goes to show you - you never know what is going to take off and become popular.  Right place, right time, right marketing.

Apr 28, 2019 06:37 PM #16
Rainmaker
3,209,790
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

James, go figure I lived in Bridgeport CT from 1967 -1973:)) and I did not make it like he did, but I do remember going with my father and and having a Meatball Sub or two in those days:))Endre

Apr 28, 2019 11:26 PM #17
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