Submarina garners growth capital

SAN MARCOS Calif. Submarina California Subs, the 65-unit, all-franchised sandwich chain, said last week that Kerensa Investment Fund 1 LLC had closed on a “significant investment” to help support the restaurant chain’s future growth.

Officials would not disclose the size of the investment. They said the San Marcos, Calif.-based sandwich chain plans to add 20 new units this year, up from the 18 locations opened last year.

“In the current economic