Is Quiznos right for you?
Low Entry Franchise Fee
The initial franchise fee is $5,000, with an additional $15,000 franchise support fee that covers grand opening marketing.
Established Brand
Operating since 1991 with 151 franchised units as of December 2024 and a national footprint across 34 states.
Financial Data Available
the financial-performance disclosure discloses 2024 annual sales for 119 outlets open at least 12 months, segmented by traditional and non-traditional locations.
About Quiznos
Quiznos is a quick-service restaurant chain founded in 1991 and headquartered in Denver, Colorado. The brand specializes in submarine sandwiches, salads, and beverages, operating both traditional inline or standalone locations and non-traditional sites. Quiz Franchisor, LLC and its parent entities own the trademarks and intellectual property, having acquired the system in 2018; as of year-end 2024 the system included 151 franchised restaurants and one company-owned unit across 34 states.
Quiznos restaurants prepare and sell toasted submarine sandwiches, salads, soups, and beverages for dine-in, take-out, and delivery. Locations range from 950 to 1,200 square feet and may be inline, standalone, or non-traditional venues such as convenience stores or institutional settings. Franchisees follow brand specifications for menu, operations, and supply chain, with the majority of purchases directed to approved vendors.
Quiz Franchisor, LLC is the parent of Quiz Holdings, LLC. It owns the QUIZNOS trademarks, copyrights, confidential information, and other intellectual property, which it licenses to the franchisor. It purchased substantially all of the assets of the QUIZNOS franchise system on June 8, 2018 from QCE LLC and related entities.
The business model
How a Quiznos territory actually makes money at the unit level.
Revenue Streams
Franchisees generate revenue from sandwich, salad, and beverage sales. The franchisor earns a 5 percent royalty on gross sales plus a 4 percent marketing fee that may increase to 5 percent.
Initial Investment Range
Total initial investment is estimated between $213,900 and $648,800 for a single traditional or non-traditional restaurant, excluding real estate purchase. The range covers leasehold improvements, equipment, inventory, training, and three months of working capital.
Supply Chain Economics
Franchisees must purchase 80-100 percent of establishment costs and 35-45 percent of ongoing costs from approved or designated suppliers. The franchisor and affiliates receive rebates from certain vendors including Coca-Cola.
Territory Structure
No exclusive territory is granted. Franchisees may face competition from other Quiznos units, company-owned stores, virtual brands, or alternative distribution channels.
Multi-Unit Option
Multi-unit development agreements are available for qualified operators to open two or more restaurants within a defined area. The initial support fee is reduced for subsequent units.
System Trends
The number of franchised outlets declined by 35 units in 2022, 12 units in 2023, and 3 units in 2024, ending the year at 151 franchised restaurants.
Quick facts
Initial franchise fee
$5,000
Total investment range
$213,900 to $648,800
Royalty
5.00% of gross revenue
Marketing fund
4.00% of gross revenue
Founded
1991
Headquarters
Denver, CO
Active US franchisees
60
Total US units
62
Training & support
What the franchisor + parent platform provide. And what they don't.
What's provided
- +Initial training for the Multi-Unit Developer, Franchise Owner/Operator or Designated Operating Partner and the Designated Manager at a location designated by the franchisor (training restaurant, virtual classroom, or other approved site).
- +Operations Manual covering operating standards, marketing techniques, and compliance requirements.
- +Remote opening assistance included in the Initial Franchise Support Fee.
- +Access to advertising materials, menu updates, and operational guidance on an ongoing basis.
- +Training for replacement or additional personnel, which may include tuition fees.
- +Ongoing telephone consultation and bookkeeping guidance as deemed necessary by the franchisor.
Honest disclosure: what's NOT provided
The the filed disclosures does not specify the exact number of training hours or guarantee a fixed training curriculum length. Additional or replacement training beyond the initial two individuals may incur per-day fees and travel expenses borne by the franchisee.
Multi-unit growth path
Multi-unit development agreements are offered to qualified franchisees seeking to open two or more restaurants within a defined area. The initial franchise support fee is reduced to $10,000 for second and subsequent units. Given the current system size of 151 franchised units and only one multi-unit operator among 60 tracked operators, the majority of ownership remains single-unit. Prospective multi-unit developers should evaluate the 2022-2024 net decline in total units when projecting development timelines.
Capital + financing paths
Most operators use one of these four paths to fund the initial investment.
SBA Loan Programs
Many Quiznos franchisees utilize SBA 7(a) or 504 loans to finance a portion of the $213,900 to $648,800 investment range. Lenders typically require the franchisee to inject 20-30 percent equity.
Equipment and Lease Financing
Restaurant equipment and leasehold improvements can often be financed through specialty lenders or manufacturer programs, reducing upfront cash requirements.
Traditional Bank or Credit Union Loans
Qualified buyers with strong personal credit and liquidity may secure conventional commercial loans. Collateral and personal guarantees are standard.
Seller or Franchisor Financing
Limited seller financing may be available on resales of existing locations. The franchisor does not directly finance fees or development costs.
Process timeline: inquiry → grand opening
Typical 12-16 week path from first call to launching your first customer route.
Week 1-2
Initial inquiry, NDA review, and receipt of the filed disclosures. Qualification call with franchisor development team.
Week 3-4
Review of disclosure document, financial statements, and the financial-performance disclosure data. Site selection criteria discussion.
Week 5-6
Franchise application submission, credit and background review, and execution of Franchise Agreement and Multi-Unit Development Agreement if applicable.
Week 7-10
Lease negotiation, architectural plans, and permitting. Payment of initial franchise and support fees.
Week 11-14
Build-out or retrofit of location, equipment procurement, and ordering of opening inventory.
Week 15-16
Training for operating partner and manager. Pre-opening marketing and grand opening support.
Week 17+
Restaurant opening, ongoing operational support, and transition to royalty and marketing fee structure.
Match assessment
Are you a Quiznos match?
12 questions. Math-first. No high-pressure sales call afterwards. Just your match assessment and the reasoning behind it.
Start nowCommon questions
How much does a Quiznos franchise cost?
The total initial investment range disclosed in the investment disclosure is $213,900 to $648,800. This includes a $5,000 franchise fee, $15,000 initial franchise support fee, leasehold improvements, equipment, inventory, and three months of working capital. Real estate acquisition costs are excluded.
What is the Quiznos franchise fee?
The initial franchise fee is $5,000. An additional $15,000 Initial Franchise Support Fee is required at signing and covers grand opening marketing. The fee is reduced to $10,000 for subsequent units under a multi-unit development agreement.
Does Quiznos provide a financial performance representation?
Yes. the financial-performance disclosure reports 2024 annual sales averages, medians, lows, and highs for 119 outlets open at least 12 months, broken down by traditional franchised, non-traditional franchised, and non-traditional company-owned cohorts.
What are the Quiznos royalty and marketing fees?
The royalty is 5 percent of gross sales. The marketing fee is currently 4 percent of gross sales and may be increased to a maximum of 5 percent, with no more than 0.5 percent increase in any year.
How many Quiznos locations are there?
As of December 2024 the system operated 151 franchised restaurants and one company-owned restaurant across 34 states. The number of franchised units has declined each of the past three years.
Does Quiznos offer protected territories?
No. The franchisor grants no exclusive territory. Franchisees may encounter competition from additional Quiznos units, company stores, virtual brands, or alternative distribution channels.
What training does Quiznos provide?
Initial training is provided to the operating partner and manager at a designated training restaurant, virtual classroom, or other approved location. An Operations Manual is furnished and ongoing telephone and remote support are available.
How does Quiznos compare to Subway or Jersey Mike's?
Quiznos focuses on toasted submarine sandwiches within a smaller average unit footprint. Its 2024 the financial-performance disclosure sales data, royalty structure, and lack of territorial exclusivity differ from competitors. Prospective buyers should compare disclosed averages, investment ranges, and unit counts across brands.
Can I open multiple Quiznos restaurants?
Yes. Multi-unit development agreements are available for qualified operators. The support fee is reduced for additional units, but the majority of current operators run single units.
Are there any supplier rebates or sourcing requirements?
Franchisees must purchase from approved or designated suppliers for the majority of inventory and equipment. The franchisor and its affiliates receive rebates from vendors such as Coca-Cola that are not passed through to franchisees.
What is the typical Quiznos franchisee tenure?
Operator data shows an average of 1.03 units per active franchisee among 60 tracked operators. Specific average tenure is not disclosed in the the filed disclosures.
Is financing available for a Quiznos franchise?
Franchisees commonly use SBA loans, equipment financing, and conventional bank loans. The franchisor does not offer direct financing.
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