Thursday August 17, 2017

Breaking: New Owners Take Over Subway Locations in Oswego

After lengthy tenure, Chris and Beckey Batchelor sell franchises
By Lou Sorendo

    Chris Batchelor


    For 23 years, Chris and Beckey Batchelor have been synonymous with the Subway restaurant chain in the city of Oswego.

     

    That tenure has ended as the four locations they owned and operated in the city under Boo-Ga-Loo, Inc. have been sold.

     

    Peter Smith and Kevin Murman, multi-unit owners from the Syracuse area, are the new owners of a fast-food restaurant chain famous for its submarine sandwiches.

     

    “The new owners have been with Subway for many years and have done a great job,” said David Lebous, development agent for Subway in Central New York. Subway Development in Binghamton is a sub-franchiser for the Subway chain and is responsible for selling and servicing franchises in the CNY region.

     

    Lebous said the new owners have known the Batchelors “for some time now and know how hard Chris has worked and the benefits of his stores.

     

    “They are looking to step in and continue his good work.”

     

    In most years, existing owners purchase about 70 percent of new franchises, according to Subway’s website.

     

    Chris Batchelor started working as store manager for Subway in 1989. He purchased the franchise and opened his first store at the Oswego Plaza in 1994.

     

    He would then open a store at 255 W. Seneca St. in 2000; a store at 21 E. Bridge St. in 2003; and a location within the Walmart Supercenter on state Route 104 East in 2012.

     

    He also owned a store in Fulton for several years, but sold it to focus on his Oswego operations. Beckey handled accounting and human resources.

     

    In a recent interview with Oswego County Business magazine, Batchelor said he received the most gratification from “reaching our goals, providing our very best product to our customers, training employees to be their best, being able to spend time with family, helping support the community with employment and community volunteering.”

     

    The Subway restaurants in Oswego employ 29 workers, 22 of which are part time.

     

    Lebous said the ownership transition benefits the city of Oswego.

     

    “Chris Batchelor brings some hard shoes to fill,” he said. “He was a very respected franchisee and extremely hard worker who supported the city of Oswego throughout his years of being a franchisee, along with his wife Beckey.”

     

    Lebous has been working with them throughout their tenure with Subway.

     

    “It’s sad times for me as their development agent to see them move on. As we all know, it’s not unusual for people to look to do something else later in life, and I think that’s what their ambition is at this point. They certainly have served Subway very well,” he said.

     

    Lebous said there will not be any immediate changes at the restaurants.

     

    “Subway is ‘fresh forward’ with a new design and identity. We’re updating our stores and look to do more with technology and our apps,” he said. “All of that is really part of the future of Subway.”

     

    He did not disclose the sales price of the transaction.

     

    Subway is reportedly one of the cheapest major fast-food restaurants to franchise.

     

    To open one restaurant, the company requires that potential franchisees have liquid assets of at least $30,000 and a net worth of $80,000 to $310,000, according to Entrepreneur.

     

    Subway reportedly wants to remind consumers that it pioneered the assembly-line restaurant model — and also give them a place to charge their phones.

     

    The Milford, Conn.-based sandwich giant is revealing its “Fresh Forward” redesign that it hopes to bring to its 44,000 global locations over the next few years, in what promises to be a massive overhaul of the world’s largest restaurant chain by unit count.

     

    The company expects 3,000 to 5,000 new and remodeled locations in the new design to open by the end of next year, about 85 percent of them in North America.

     

    The remodel combines new décor with updated technology — including self-ordering kiosks at some locations, as well as charging ports — and a more revealing look at ingredients, its website claims.

     

    Lebous told binghamtonhomepage.com that plans for the future include branching out to more non-traditional locations in CNY such as hospitals, college campuses, and large office buildings.

Oswego County Business Magazine
Issue 152

Issue 152
October/November 2017

Cover Story

Profiles

Kathryn J. Connell

On The Job

“Do you encourage your employees to get additional training?”

Success Stories

Chase Enterprises

My Turn

Jobs of Yesteryear Not Coming Back

Economic Trends

The Shift in Manufacturing Jobs

Last Page

Ronald Woodward Sr.