Quiznos Sub
At a Glance
Products & Services: Submarine sandwiches, soups, salads
Number of Locations: 5,114
Total Investment: $24.1K - 341.8K
Founded: 1981
Began Franchising: 1983
Private Owned
About Quiznos Sub
In the kitchen of Footer's Italian restaurant in Denver, the first Quizno's recipes were born. The owners of Footer's used the baguette-style bread, red-wine vinaigrette dressing and tuna salad created in their kitchen to establish their new venture, opening the first Quizno's in Denver in 1981.Nearly 20 years later, Quizno's has locations throughout the United States, Puerto Rico, Canada, the United Kingdom, Japan and Australia using the original recipes from Footer's kitchen. Restaurants also serve soups and salads.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2008 | 4,525 | 451 | 135 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $24,100 - $341,800
Franchise Fee: $5,000 - $25,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
Franchise Fee: $5,000 - $25,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 15 years, renewable
Financial Requirements
Net Worth: $125,000
Liquid Cash Available: $60,000
Operations
7% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 10 - 15. Absentee ownership of franchise is allowed..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At regional location : 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #50 (2009),
Fastest-Growing: #19 (2008),
Low-Cost: #13 (2009),
America's Top Global: #44 (2009),