Quiznos is a fast-food restaurant chain specializing in toasted submarine sandwiches. The franchise offers a variety of sandwiches made with fresh ingredients, as well as soups, wraps, and salads.
Key Insights
- Quiznos began as a sub shop offering toasted sandwiches, evolving over time to become a recognized name in the quick-service restaurant sector, building a legacy of unique sandwich creations and a dedicated customer base. The business expanded through a franchise model, offering entrepreneurs an opportunity to own and operate their own locations.
- The franchise operates through a network of franchised restaurants, where franchisees are granted the right to use the Quiznos brand, recipes, and operational systems. Customers select their desired ingredients, which are then assembled and toasted to order, creating a personalized sandwich experience.
- The quick-service restaurant industry is a dynamic market characterized by consumer demand for convenience, speed, and value. It encompasses a wide range of food establishments catering to on-the-go dining, with sandwich shops representing a significant segment within this competitive landscape.
Franchise Fee and Costs to Open
Exploring the financial picture of Quiznos gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $220,600 - $611,000, along with a franchise fee of $5,000 - $5,000.
Financial Performance and Revenue
Yearly gross sales of $417,139 and estimated earnings of $50,057 - $62,571 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 7.9-9.9 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Quiznos provides comprehensive training to new franchisees. This program offers foundational knowledge and operational skills. Initial training is approximately four weeks and is conducted at a designated Quiznos training facility. Quiznos also offers ongoing operational support and access to various resources to aid in a franchisee's business journey.
Legal Considerations
Legal considerations for a Quiznos franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Quiznos franchise presents several considerations. Intense local market competition from other sandwich shops and fast-casual establishments requires consistent customer attraction. Managing operational complexity, including staff training, inventory control, and adhering to brand standards, demands meticulous attention. Reliance on specific supply chains for ingredients means ensuring consistent quality and availability can impact product offerings and customer satisfaction.
Franchise Datasheet
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