Subway: Last Week Tonight with John Oliver (HBO) - Summary

Summary

The following is a possible concise summary of the text:

The text is a transcript of a segment from the show Last Week Tonight with John Oliver, where he talks about the problems faced by Subway franchisees. He explains how Subway has a low-cost but high-fee business model that makes it hard for store owners to earn a profit, especially when the company allows new locations to open near existing ones and compete for customers. He also criticizes Subway for not disclosing financial information to potential investors, and for having harsh inspection and non-disparagement policies that discourage franchisees from speaking out. He suggests that the FTC should regulate franchises better and make them reveal their financial performance. He ends the segment by showing a parody of a Korean drama that tells the story of a Subway franchisee who falls in love with a rival store owner.

Facts

Here are the key facts extracted from the text:

1. Subway is often in the news for negative reasons.
2. Subway faced a lawsuit over their tuna not being actual tuna.
3. Ireland's Supreme Court ruled that Subway's bread isn't legally bread due to high sugar content.
4. Customers filed lawsuits claiming Subway's footlong sandwiches aren't a foot long.
5. A man was photographed placing his genitals on Subway bread dough.
6. Jared Fogle, former Subway spokesperson, lost 200 pounds partly by eating Subway and spoke to kids about nutrition.
7. Subway is the biggest restaurant chain in the US by number of locations.
8. Thousands of Subway restaurants have closed recently.
9. Some franchisees are unhappy with the company, stating the dream has turned into a nightmare.
10. Franchisees claim it's difficult to exit due to head office restrictions on selling stores without expensive refurbishments.
11. Subway was founded as Pete's Super Submarines in 1965 by Fred DeLuca.
12. DeLuca was obsessed with expansion despite no profit for 15 years.
13. Subway moved to a franchise model in the mid-70s for growth.
14. Opening a Subway is relatively simple and low-cost compared to other franchises.
15. Average Subway generates around $400,000 a year, less than competitors like Jimmy John's or McDonald's.
16. Subway franchisees pay 12.5% of gross sales back to the company, one of the highest fees among chains.
17. Subway heavily invests in advertising and product placement in media.
18. Franchisees have complained about Subways opening near each other, affecting business negatively.
19. The company's contract states they can compete with franchisees without restrictions.
20. Business Development Agents oversee store inspections and can benefit from store failures.

Please let me know if you need more information or further assistance!