Quiznos
Food & Beverage QSRCompany Information
Address
4700 S. Syracuse St., Suite 640 Denver, Colorado 80237
Website
Tel
Email
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Franchimp Summary Rating
Lower than 32% of peers
Franchise Summary
Description
Quiz Holdings, LLC is offering franchises to operate a restaurant offering submarine and other sandwiches, salads, soups, soft drinks and related other products under the service mark "QUIZNOS" and "QUIZNOS SUB. "
Company Background
Quiz Holdings, LLC is a franchise company that offers opportunities to own and operate Quiznos restaurants. With over 2,000 locations in the US and Canada as of March 2019, Quiznos continues to be one of the leading brands for submarine sandwiches.
Franchise Opportunity
Quiznos is a fast casual restaurant chain that has been around for over 30 years. The company was founded in 1981 by Jimmy Lambatos and sold to private equity firm Roark Capital Group in 2012. In the past five years, sales have declined by more than 50% and the brand is struggling to attract customers. Franchisees are looking at purchasing one of these failing restaurants with an opportunity to turn it into a successful franchise business again. They need help doing this quickly, because they don't want their investment going to waste. This is where you come in as an experienced franchise consultant who can help them get started on the right foot before it's too late!
Corporate Structure
QFA Royalties LLC was formed as a Delaware limited liability company on October 28, 2004. Their principal business address is 7595 Technology Way, Suite 200, Denver, Colorado 80237.
Franchise Types Available
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Employee Contact Database
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Distribution of Quiznos Franchisees
Quiznos Franchise System Development in 2021
FAQ
How much investment do I need to start my own Quiznos business?
Franchisees typically require at least $220 to $611 investment to get their Quiznos business started
What are the initial franchise fees for Quiznos?
Franchisees typically need to pay at least $33 in fees directly to Quiznos in order to earn the right to launch their business
How much money can I make with a Quiznos franchise? What are
the average revenues for a typical Quiznos business?
We haven’t done the math on how much revenue a typical
Quiznos brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Quiznos to generate a similar amount
How long do I need to commit to running a Quiznos unit? What
is my contractual commitment?
Quiznos franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$220,600 to $611,000
which is
Much Lower
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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