Quiznos Sub

Founded: 1981 Franchising since: 1983
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.

1001 17th St., #200 Denver, Colorado 80202

Phone: (720)359-3300

Franchisor is a privately-held company with 300 employee(s); 15 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	4,525	451	135	3
2007	4,637	425	138	3
2006	4,459	419	118	3
2005	3,844	374	88	2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Total investment: $24.1K-341.8K Franchise fee: $5K-25K

Ongoing royalty fee: 7% Term of agreement: 15 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Third-party financing source(s): GE Capital

Qualifications
Net worth requirement: $125K
Cash liquidity requirement: $70K
Business Experience:

• Industry experience
• General business experience

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.

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 500® rank:
#50 (2009); #2 (2006); #3 (2005);

Fastest-Growing Franchises:
#19 (2008); #3 (2006); #5 (2005);

Low-Cost Franchises:
#13 (2009);

America's Top Global Franchises:
#44 (2009); #2 (2006); #3 (2005);