Quiznos is a sandwich chain known for its toasted subs, soups, and salads, offering a variety of flavorful options made with high-quality meats, cheeses, and breads.
KEY FRANCHISE STATS
Franchisees
?
165
+
-28%
-28%
Franchise fee
?
$5,000
Investment
?
$458,000 - $1,432,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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Quiznos is a fast-casual restaurant franchise known for its signature toasted submarine sandwiches. It was founded in 1981 in Denver, Colorado by chef Jimmy Lambatos.
The company is currently headquartered in Denver and operates under Quiz Holdings, LLC. Since its founding, Quiznos has grown into a globally recognized brand within the sandwich industry.
The company began franchising in 1983, and by the early 2000s had expanded rapidly under the leadership of Rick and Richard Schaden, who acquired the brand in 1991.
At its peak, Quiznos operated thousands of locations worldwide, becoming one of the largest sub sandwich chains in the United States. In response to changing market dynamics, the brand underwent restructuring and introduced more efficient restaurant models focused on adaptability and reduced startup costs.
Quiznos sells a wide range of toasted subs, sandwiches, soups, salads, and sides. It stands out for its unique toasting process, which enhances flavor and texture, a concept that was later adopted by competitors.
Initial investment
The initial investment required for a Quiznos franchise is
$458,000 - $1,432,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Franchise Fee
$5,000
Initial Franchise Support Fee
$25,000
Real Estate
Variable
Site Work
$0 - $150,000
Architectural
$15,000 - $60,000
Building
$275,000 - $880,000
Freight, Installation and Cranes
$0 - $50,000
Restaurant Equipment, Fixtures and Signs
$75,000 - $175,000
Uniforms
$0 - $500
Computer Systems, Online Ordering, Telephones, Point-of-Sale and Delivery Equipment
$3,000 - $9,000
Security Deposits, Utility Deposits, Permits and Business Licenses
$3,600 - $8,000
Training Expenses
$2,500 - $4,500
Grand Opening Advertising
$10,000
Opening Inventory and Supplies
$9,000 - $15,000
Additional Funds (3 months)
$35,000 - $40,000
Total Estimated Initial Investment (excluding real estate lease or acquisition costs)
$458,100 - $1,432,000
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Type of Expenditure
Amount
Initial Franchise Fee
$5,000
Initial Franchise Support Fee
$25,000
Real Estate
Variable
Site Work
$0 - $150,000
Architectural
$15,000 - $60,000
Building
$275,000 - $880,000
Freight, Installation and Cranes
$0 - $50,000
Restaurant Equipment, Fixtures and Signs
$75,000 - $175,000
Uniforms
$0 - $500
Computer Systems, Online Ordering, Telephones, Point-of-Sale and Delivery Equipment
$3,000 - $9,000
Security Deposits, Utility Deposits, Permits and Business Licenses
$3,600 - $8,000
Training Expenses
$2,500 - $4,500
Grand Opening Advertising
$10,000
Opening Inventory and Supplies
$9,000 - $15,000
Additional Funds (3 months)
$35,000 - $40,000
Total Estimated Initial Investment (excluding real estate lease or acquisition costs)
$458,100 - $1,432,000
Franchise Disclosure Document
Below is Quiznos's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Quiznos had 166 total units in 2023, of which 165 were franchised-owned and 1 company-owned.
Frequently Asked Questions
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Quiznos provides a structured training program to ensure that franchisees and their designated operators are adequately prepared to manage a Quiznos Restaurant. The training programs focus on operational procedures, product standards, and compliance with the franchise system. Here is a breakdown of the training offerings:
Initial Training: Quiznos trains the franchise owner/operator or the designated operating partner and the general manager at a designated training facility. This could be a training restaurant, virtual classroom, or another location specified by the franchisor.
Operations Manual: Franchisees receive one electronic copy of the Operations Manual, which includes detailed guidelines on restaurant operations and marketing techniques. Regular updates and revisions to this manual are provided.
Opening Assistance: Quiznos provides remote opening assistance, guiding franchisees through initial setup and operational launch procedures.
Ongoing Training: The franchisor also trains replacement or additional operating partners and managers during the franchise term. This training is subject to space availability and may require prepayment of tuition and travel expenses.
Territory Protection
Quiznos does not provide its franchisees with an exclusive or protected territory under the standard Franchise Agreement. Franchisees may face competition from other Quiznos restaurants, which could be franchised or company-owned, within close proximity to their location.
Additionally, the franchisor retains the right to sell products through various other channels, including e-commerce and alternative distribution platforms, without offering compensation to the franchisee.
Although a “Protected Area” may be defined in Exhibit A of the Franchise Agreement, this area is limited in scope and does not prevent Quiznos or its affiliates from pursuing numerous competitive business activities.
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