Quiznos Sub
Submarine sandwiches, soups, saladsBackground
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.
Franchisor is a privately-held company with 300 employee(s); 15 employee(s) in franchise department.
Franchise Growth
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
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
Costs and Fees
|
Total investment: $24.1K-341.8K Franchise fee: $5K-25K |
Ongoing royalty fee: 7% Term of agreement: 15 years, renewable |
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 and Support
Training
Ongoing Support
Marketing Support
- 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
Rankings
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);
#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);