Subway started in 1965 as a small sandwich shop founded by Fred De Luca to help pay for college, and has since grown tremendously in popularity and locations worldwide. It offers a variety of sandwiches and subs priced cheaply, which has helped it become very successful despite competition from other fast food restaurants and pizza chains. Subway was recently named the number one franchise by Fortune Magazine, owing to its large international presence and continued growth through its franchise model.