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Any way you slice it, Subway comes out on top.

This story appears in the January 1996 issue of Entrepreneur. Subscribe »

Fred Deluca has been experiencing a bit of déjà vu lately. When the number of Subway stores operating overseas reached 270 a few months ago, a funny feeling came over the 48-year-old sandwich king: He realized Subway's international size is just about the same size Subway was in the United States roughly 15 years ago-when it began taking the country by storm.

"Our developments internationally are looking very much like what we've done in the United States," says DeLuca excitedly, "only now I have a very interesting perspective on it all."

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