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.
Franchise Costs
5% royalty + 2% marketing fee + $230-$340/mo POS systems fee + $40-$50/mo music fee
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
Key Insights
- Lower investment than 76% of Fast Food franchises
- Lower than average SBA loan default rate in Fast Food
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Quiznos Current | $221K – $611K | $5K | 5.0% | 156 |
| 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 |
| ARBY'S | $645K – $2.5M | $38K | 4.0% | 2,316 |
Fast Food Average 126 franchises | $594K – $1.5M | $35K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
157 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
157 Contacts Available
Unlock all Quiznos franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
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
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.
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