Port of Subs

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Port of Subs - overview

Established

1971

Location

Reno, NV, US

Primary Industry

Food

About

Based in Nevada, US, and founded in 1972, and later bought by John Larson in 1975, Port of Subs operates as a food and beverage company that sells sandwiches and various non-alcoholic beverages. In April 2023, Area 15 Ventures acquired Port of Subs. As of March 2023, the company operates from over 135 units in over 7 states and is being led by its CEO, Adam Contos. The firm operates as a chain of food service stores and offers a wide range of submarine sandwiches, wraps, and salads, using a variety of fresh meat, cheese, and vegetables.


Moreover, the company offers freshly baked bread and its proprietary mayo mustard mixed and sides. Additionally, Port of Subs offers an extensive line of party trays, catering, desserts, and a variety of non-alcoholic beverages.


Current Investors

Area 15 Ventures

Primary Industry

Food

Sub Industries

Non-Alcoholic Beverages, Snack Foods, Bakery Products

Website

www.portofsubs.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Port of Subs - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedPort of Subs-

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