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Port of Subs acquired by Area 15 Ventures LLC
Port of Subs acquired by Area 15 Ventures LLCThe private-equity firm created by RE/MAX co-founder Dave Liniger has plans to expand the sandwich brand with a regional developer franchise model.By Lisa Jennings on Apr. 04, 2023Restaurant Business Online Port of Subs includes about 130 units in seven western states./Photo courtesy of Port of Subs. The 50-year-old Port of Subs […]
50-Year-Old Port of Subs Bought by Private Equity Firm
50-Year-Old Port of Subs Bought by Private Equity FirmThe sandwich chain plans to award up to 50 regions for franchise development in the next 12 months. FAST FOOD | APRIL 4, 2023 | BEN COLEYQSR Magazine PORT OF SUBSPort of Subs and Area 15 Ventures representatives sign the official paperwork.Port of Subs, a 50-year-old West Coast sandwich chain, was acquired by […]
Port of Subs Plans for National Expansion Following Acquisition by Area 15 Ventures
Port of Subs Plans for National Expansion Following Acquisition by Area 15 VenturesEmilee WentlandApr 12, 2023 Updated Apr 19, 2023 From left: Ben Litalien, chief development officer of Port of Subs; Healey Mendicino, president of Port of Subs; John Larsen, Port of Subs founder; Lisa Moore, Larsen’s daughter and chief financial officer of Port of Subs; Dave Liniger, […]
‘Diamond in the rough’ New owners foresee huge expansion for Port of Subs
‘Diamond in the rough’ New owners foresee huge expansion for Port of Subs John Larsen grew the Port of Subs franchise from a single sandwich shop on Rock Boulevard in Sparks to a respected regional chain with more than 135 locations in seven states. The next stage of Port of Subs growth, however, could see […]
