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.
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
Financial Requirements
5% royalty + 2% marketing fee + $230-$340/mo POS systems fee + $40-$50/mo music fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Quiznos Current | $221K - $611K | $5K | 5.0% | 156 |
| Burger King | $2.1M - $4.7M | $50K | 4.5% | 19,732 |
| MCDONALD'S | $1.5M - $2.6M | $45K | N/A | 12,772 |
| AFC | $45K - $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M - $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K - $728K | $35K | 6.0% | 2,647 |
Fast Food Average 127 franchises | $605K - $1.5M | $35K | 6.1% | - |
* 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
+33 more states
SBA Loan History
Historical SBA 7(a) loan data for Quiznos franchisees (2010 - 2023)
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)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
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
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.
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