---
title: "Area 15 Ventures, LLC Acquires Port of Subs"
url: https://burnaze.com/article/df37fef0-4708-484a-8b7b-fa26008764fd
source: "Franchising.com"
original_url: https://www.franchising.com/news/20230405_area_15_ventures_llc_acquires_port_of_subs.html
category: "Sandwich & sub"
industry: "Restaurants"
segment: "Sandwich & sub"
topics: ["Finance & M&A"]
published: 2023-04-05T12:00:00.000Z
modified: 2026-10-31T20:33:28.891Z
image: https://images.unsplash.com/photo-1524749292158-7540c2494485?w=1600&q=80&auto=format&fit=crop
---

# Area 15 Ventures, LLC Acquires Port of Subs

**TL;DR:** Area 15 Ventures, LLC has acquired Port of Subs, a brand that has been serving neighborhood favorites since 1972. The acquisition marks a new path for Port of Subs, led by Dave Liniger, Co-Founder and Chairman of RE/MAX.

*originally published in Franchising.com on 2023-04-05. [Read the original](https://www.franchising.com/news/20230405_area_15_ventures_llc_acquires_port_of_subs.html).*

## Story

Area 15 Ventures, LLC announced today that it acquired Port of Subs. This acquisition marks a new path for Port of Subs, a brand that has remained a neighborhood favorite since its inception in 1972.

Dave Liniger, Co-Founder and Chairman of global franchise powerhouse RE/MAX, is leading this investment.

“Port of Subs is a welcomed addition to the Area 15 Ventures portfolio,” said Liniger.

As “your neighborhood sandwich shop”, Port of Subs has been bringing people together since its early days. The story began when two brothers from New Jersey opened a modest submarine shop in Sparks, Nevada called the “Sub Shop”. Since John Larsen and his family bought the company in 1975, Port of Subs has become known for its mission to serve quality products through superior service by friendly, qualified people in a clean, appealing atmosphere.

The made-fresh-to-order sandwiches are prepared while customers eagerly look on. The unique taste comes from freshly sliced, top-quality meats and cheeses, freshly baked breads, and zesty dressings and spices.

## Entities

- Franchising.com (publication)
- Restaurants (sector)
- private equity (topic)
- acquisition (topic)
- franchise investment (topic)
- RE/MAX (company)
- Port of Subs (company)
- Dave Liniger (person)
- Area 15 Ventures (investor)
- Area 15 Ventures acquisition of Port of Subs (deal)

---
Originally reported by Franchising.com (https://www.franchising.com/news/20230405_area_15_ventures_llc_acquires_port_of_subs.html). Summarized by Burnaze (https://burnaze.com/article/df37fef0-4708-484a-8b7b-fa26008764fd).