TL;DR
Area 15 Ventures acquired Port of Subs and is expanding its presence through a Regional Developer model, with Jay and Michael Taylor as the first Regional Developers. The brothers, seasoned Port of Subs franchisees, will spearhead new locations in Northern Utah.
Area 15 Ventures, LLC acquired Port of Subs earlier this year. One of the pivotal objectives of this acquisition was to expand the brand's presence through an innovative Regional Developer model. Brothers Jay and Michael Taylor, seasoned Port of Subs franchisees who own established locations in Draper and Salt Lake City, seized the opportunity to become Port of Subs' first Regional Developers.
"We've dreamed about growing Port of Subs' presence in Northern Utah since we opened our first Port of Subs restaurant in 2010. As Regional Developers, we're turning this dream into reality. We'll be able to share our passion for Port of Subs with communities by spearheading new locations," said Jay Taylor.
Michael Taylor affirmed, "With our extensive entrepreneurial background, along with Jay's deep experience in business operations and my construction expertise, our roles as Regional Developers merge experience and innovation, ensuring a seamless opening process that sets the stage for success from day one."
In this story
This story was originally published in Franchising.com on August 10, 2023. Burnaze summarizes and links to the original reporting.
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