FranDB
Quiznos

Quiznos

Quiznos franchises operate quick-service restaurants serving toasted submarine sandwiches, salads, soups, soft drinks, and related products under the QUIZNOS brand. Restaurants can be located in traditional inline commercial spaces or standalone buildings with or without drive-thrus, as well as non-traditional venues like malls, transportation centers, or school campuses. The business model focuses on franchising to multi-unit operators and individuals targeting fast-casual dining customers seeking customizable subs and quick meals.

Since 1991Food & BeverageDenver, COHigh Bluff Capital Partners, LLCwww.quiznos.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$220,600 - $611,000
Franchise Fee
$5,000
Locations
156

Financial Requirements

Franchise Fee$5,000
Initial Investment Range$220,600 - $611,000
Royalty Rate5.00%
Brand Fund2.00%
Fixed Monthly Fees$270 - $390

5% royalty + 2% marketing fee + $230-$340/mo POS systems fee + $40-$50/mo music fee

Franchise Stats

Franchise Locations156
Corporate Locations1
States Operating49
Franchising Since1991
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$440,863

Data Based On: Data for 155 franchised restaurants (43 non-traditional and 112 traditional) for the fiscal year ending on December 31, 2023.

* Calculated weighted average revenue: (43 Non-Traditional Franchised units × $502,654 + 112 Traditional Franchised units × $417,139) / 155 total franchised units = $440,863

Extracted Item 19 Section

How Quiznos Compares to Other Fast Food Franchises

Key Insights

  • Lower investment than 76% of Fast Food franchises
  • Lower than average SBA loan default rate in Fast Food
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Quiznos
Current
$221K - $611K$5K5.0%156
Burger King$2.1M - $4.7M$50K4.5%19,732
MCDONALD'S$1.5M - $2.6M$45KN/A12,772
AFC$45K - $151K$6K9.5%3,572
SONIC DRIVE-IN$1.7M - $3.1M$15K5.0%3,441
JIMMY JOHN'S$366K - $728K$35K6.0%2,647
Fast Food Average
127 franchises
$605K - $1.5M$35K6.1%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 Fast Food franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1WA
14
2CA
14
3TX
13
4FL
12
5CO
8
6AZ
7
7IL
7
8IA
6
9NE
5
10LA
5
11NC
5
12MI
5
13MN
4
14NV
4
15WI
4

+33 more states

SBA Loan History

Historical SBA 7(a) loan data for Quiznos franchisees (2010 - 2023)

Total Loans
57
Average Loan Amount
$146,340
Total Loan Volume
$8,341,400
Default Rate
15.8%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryYes

Predecessor QFA, its parent, and affiliates filed Chapter 11 on March 14, 2014, plan effective June 30, 2014.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
5
Reacquired by Franchisor
0
Ceased Operations (Other)
21
System Transfers
8
Sold to Franchisees
0
Projected New Franchises
0

Frequently Asked Questions

How much does it cost to open a Quiznos franchise?

The total initial investment to open a Quiznos franchise ranges from $220,600 to $611,000. This includes a franchise fee of $5,000. Ongoing royalty fees are 5.0% of gross sales.

How much revenue does a Quiznos franchise make?

According to the 2024 FDD, the average gross revenue for a Quiznos franchise is $440,863.

How many Quiznos franchise locations are there?

As of the 2024 FDD, Quiznos has 156 franchise locations. The company has been franchising since 1991.

Can you get an SBA loan for a Quiznos franchise?

Yes, SBA loans are available for Quiznos franchises. Historical data shows 57 SBA 7(a) loans have been approved for Quiznos franchisees, with an average loan amount of $146,340. The historical default rate is 15.8%.

Is Quiznos a good franchise to buy?

Quiznos shows several positive indicators: established brand with 156+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in Quiznos?

Talk to a franchise advisor to get personalized guidance and learn if Quiznos is the right fit for you.

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