How much does a Quiznos franchise owner make?

Quiznos franchise earnings and revenue can vary significantly from one franchisee to another. The Quiznos franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Quiznos unfortunately does not disclose financials on how much Quiznos franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Quiznos does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Quiznos franchisees. Do note that Quiznos is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Quiznos franchisees to understand how much money they are making from their Quiznos business.

You should also speak to former Quiznos franchisees to understand why they left the system. Did they sell their Quiznos at a profit? Were they forced to close their Quiznos franchise down because it kept losing money?

What is the Quiznos Franchise Fee?

Owning a Quiznos franchise requires a 5% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Quiznos franchise fee of $10,000 that is included in the initial investment amount of $216,053 to $328,379. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Quiznos franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Quiznos franchise fee of $10,000.

Visit the Quiznos metrics tab to explore how the franchise, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Quiznos founded?

Quiznos was founded 4 years ago in 2018. Quiznos started offering franchises in 2018. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Quiznos locations are in the U.S.?

As of Issuance of 2021, there were 229 Quiznos locations owned and operated by franchisees across the U.S. There are also 1 corporate locations owned and operated by Quiznos. Most Food and Beverage franchises like Quiznos have more franchised locations than corporate locations.

How many Quiznos franchises opened over the past few years?

Over the prior 3 years we have data for, Quiznos has opened 9 outlets throughout the U.S.

Visit the Quiznos metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many Quiznos franchises closed over the past few years?

Over the prior 3 years we have data for, Quiznos has closed 152 outlets throughout the U.S.

Visit the Quiznos metrics tab to explore how the closures compare to other Food and Beveragefranchises.

Is Quiznos growing? Are they opening more locations than they are closing?

The net unit growth rate for Quiznos over the past 3 years is -38%. Over the last year we have data for, Quiznos had a net unit growth rate of -18%.

Without a comparison, this number doesn’t mean much. Compare how the Quiznos growth rate compares to 2,000+ other franchises and Food and Beverage franchises like Quiznos. More info in the Quiznos metrics tab.

Is Quiznos franchise eligible for an SBA Loan?

Quiznos is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Quiznos franchise was assigned the SBA Franchise ID of S1374 on 10/1/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Quiznos that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is Quiznos a franchise in the United States?

According to the SBA, Quiznos meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Quiznos provides you with an FDD if you are in discussion to buy a Quiznos.

What is the Quiznos Franchise for Sale Rate?

The Quiznos systemwide health and franchisee satisfaction can be measured by the Quiznos franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Quiznos over the past 3 years is 8%. Over the last year we have data for, Quiznos had a franchise for sale rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the Quiznos franchise for sale rate compares to 2,000+ other franchises and Food and Beverage franchises like Quiznos. More info in the Quiznos metrics tab.

What is the Quiznos Franchise Failure Rate?

Quiznos failure rate over the past 3 years is 66%. Over the last year we have data for, Quiznos had a franchise failure rate of 22%

Without a comparison, this number doesn’t mean much. Compare how the Quiznos failure rate compares to 2,000+ other franchises and Food and Beverage franchises like Quiznos. More info in the Quiznos metrics tab.

How can I find out more details on Quiznos franchise?

Visit the Quiznos metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!