Quiznos Sub Franchise

Quiznos Sub (formerly Quizno's Subs) is a fast-food sandwich chain that specializes in toasted submarine sandwiches. As of 2005, it has become the second largest submarine sandwich shop chain in North America, passing the older and slower growing Blimpie, though still a fraction of the size of Subway. 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.It started franchising in 1983.

There are over 4,000 franchises of Quiznos Sub located in the United States, over 300 in Canada, and 100 more scattered in 13 other countries including the United Kingdom, Ireland, Iceland, Cayman Islands, Japan, Puerto Rico, Turkey, Guam and Panama. In 2002, Wendy's Supa Sundaes acquired the rights to the brand for franchises in Australia (and later, New Zealand). Entrepreneur Magazine rated Quiznos Sub as number 2 Best Overall Franchise in January 2006. In 2005 it had 3,844 U.S. franchises, 374 Canadian franchises, 88 foreign franchises and 2 company owned franchises

Over the years, Quiznos has varied success at advertising campaigns. On September 18, 2006, Quiznos launched the most aggressive advertising campaign aimed at Subway. Dubbed the Prime Rib Cheese steak Challenge, customers are challenged to compare the brand new Prime Rib Cheese steak against Subway's Cheese steak sandwich. The claim is that the Prime Rib Cheese steak has twice the meat then Subway's Cheese steak. If the customers are not satisfied, then they can fill out a form, mail the form along with their receipt, and they will receive a coupon for a free sandwich.

There are over 500 Quizno's restaurants operating in twenty one countries. Its philosophy of international growth and attention to localization has made it a major QSR player around the world.

Quiznos provides the 5 critical elements every thriving business needs:

1) A Great Product: Quiznos offers delicious, chef inspired subs, soups, and salads, made with the freshest ingredients.

2) A Great Location: Quiznos stores are strategically placed so consumers can find them. In fact, Quiznos has a real estate division dedicated to assisting each franchisee in the site selection process.

3) Strong Advertising: Quiznos commercials are seen nationally during the biggest sporting events and top-rated TV shows like CSI, Will and Grace, Desperate Housewives, 24, and Law & Order.

4) A Plan Of Action: Quiznos’ simple business model has proven effective for franchisees all across the country.

5) Training And Support: Quiznos backs its franchise owners with one of the industry’s most in depth support programs.

If you are a prospective franchiser, then the franchise of Quiznos comes with a model to build your infrastructure. All you need a total investment of  $71.7K to $251.1K. Express/kiosk option is available for franchisees. You will have to pay a franchise fee of $10K to $25K.The ongoing royalty fee is 7%. Term of agreement is for15 years, is renewable at a fee of  $1K.In order to qualify as a franchisee you should have a net worth of  $125K and cash liquidity of $60K.You should have an industrial experience or general business experience. Number of employees needed to run franchised unit are 10 to 15.Absentee ownership of franchise is allowed

Quiznos provides training in all five disciplines of franchising, this includes: development, design and construction, quality assurance, restaurants operations. The training is available at the headquarters and the regional locations. Quiznos backs up the franchisee by ongoing support of newsletter, meetings, toll free phone line, grand opening of the outlet, security/safety procedures, field operations and evaluations. It provides its franchisees with good marketing support through national and regional advertising.