Quizno's Franchise
Tuesday, April 27, 2010 at 08:35PM Quick-service sandwich shop
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.
Nearly 20 years later, Quizno's has locations throughout the United States, Puerto Rico, Canada, the United Kingdom, Japan and Australia using the original recipes from Footer's kitchen. Restaurants also serve soups and salads.
Start-up Costs & Franchises Fees
What is the total cost to open a Quizno's Franchises?
Total Cost: $24,100-$341,800
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 7%
Ongoing Advertising Fees: Not Available
Term of Agreement: 15 years
Franchise Agreement Renewal Fee: $1K
Contact Information for Quizno's
|
The Quizno's Franchise Co. |
Phone Number: (720)359-3300 |
Quizno's In the Press
No results at this time.Historical Expansion
In what year did Quizno's begin operations? 1981
When did Quizno's begin selling franchises? 1983
Year United States Canada International Corporate 2004 2961 289 50 2 2003 2179 213 31 5 2002 1489 148 26 0 2001 1120 121 26 3 2000 752 103 13 34
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): GE Capital
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
7% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes