Subway announced that it is selling itseIf to Roark Capital, a private equity firm whose two holding companies already own an impressive collection of fast-food chains. Roark-owned brands include Dunkin’, Carvel, Jimmy John’s, Arby’s, Cinnabon, and Buffalo Wild Wings–and that’s just a partiaI list.
Subway is owned by the families of Fred DeLuca and Peter Buck, who founded the chain in 1965. At the time, Buck was 34. DeLuca was 17 and trying to raise money for college. Buck Ient him $1,000 and suggested they start a sandwich shop.
DeLuca passed away in 2015 and Buck di ed in 2021, but Subway remained a family owned business until now. It must have been a wrenching decision to give up ownership of the chain. But however they may feel about it, the families seem to have negotiated the best possibIe deal for the chain. Every business owner looking to sell can learn from their approach.
Our story begins back in February, when the families hired JPMorgan Chase as an adviser to explore a sale. At the time, the families reportedIy wanted $10 billion for one of the world’s two largest fast-food chains.
But it’s been a bad year for acquisitions so far, and some observers noted that the chain has been losing ground to newer rivaIs such as Firehouse Subs in recent years. With its shares of U.S. sandwich sales down from 34 percent in 2017 to 23 percent today, some questioned whether Subway was really worth $10 billion.
I Left My Husband Because of What He Wanted Us to Do on Our Wedding Night
Sometimes, it takes only one shocking revelation or unpleasant situation to make us reconsider a significant life step that we’ve taken. Sadly, this happened to our reader, Lana, on her wedding night. After discovering what her new groom wanted to do on their special evening, Lana became furious and decided to seek advice.
Hi Lana! Thanks for sharing your story with us. We’ve prepared a few tips for you that we think might be able to help you.
Embrace the moment and practice empathy.
Try to see the situation from your groom’s perspective and empathize with his desire to reconnect with his long-lost friend. While his decision may have hurt you initially, recognize that his intentions were likely not to cause harm, but to seize a fleeting opportunity to spend time with someone dear to him.
Take this moment to embrace the love and joy surrounding your marriage, and choose to forgive and move forward together.
Share your feelings calmly.
Lana, take a moment to breathe and collect your thoughts before addressing the situation. Instead of immediately lashing out, express your feelings to your groom in a calm and composed manner.
Explain to him how you were looking forward to spending your first night together as a married couple and how his actions made you feel neglected.
Create a memorable alternative.
Rather than dwelling on what could have been, seize the opportunity to create a unique and memorable experience for yourselves.
Since your groom wanted to spend time with his friend, suggest a creative compromise that still allows you to celebrate your marriage in a special way. Perhaps now as newlyweds, you could arrange a late-night picnic under the stars in a secluded spot, or book a couples’ massage at the hotel spa.
By thinking outside the box and crafting an alternative plan, you can make up to what happened on your wedding night and turn it into a cherished memory for both of you.
Clearly express your expectations.
It’s important to establish boundaries and expectations within your marriage, especially when it comes to balancing individual friendships and quality time as a couple.
Use this situation as an opportunity to have an open and honest discussion about your respective needs and priorities. Together, set clear limits for future scenarios where unexpected reunions or events may arise.
By proactively addressing potential conflicts and finding mutually agreeable solutions, you can strengthen the foundation of your relationship and prevent similar misunderstandings in the future.
Navigating the journey of newlywed life can pose its challenges, especially when faced with significant life-altering decisions. Take for instance Stacy, a 24-year-old woman and recent bride, who finds herself grappling with such a scenario. Despite her in-laws’ generous offer to purchase a house for them, Stacy hesitates, while her husband views it as an opportunity worth considering. Delve deeper into her story by reading more here.
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