Quiznos Sub is a US based fast-food sandwich franchise that specializes in toasted submarine sandwiches. The sub sandwich business opened in 1981 in Denver, when its initiators began using baguette bread, with their own tuna salad recipe and red wine vinaigrette dressing to make sandwiches. Nowadays, the Quiznos name is known across the world. There are more than 5000 restaurants in the US, Canada, UK, Japan, Ireland, Columbia, Australia or the Cayman Islands. In addition to subs, Quiznos also offers soups and salads.
The sums of money required in order to open a Quiznos franchise are as it follows: the initial franchise fee is $25,000; the total investment is situated between $208,400 and $243,800, and the royalty fee is 7%.
In the franchise contract, the franchisor commits itself to train, give support and help with the marketing of the franchisee. For the franchisee’s personnel, the training consists of 1 week at the company’s headquarters, or 3 weeks at the regional locations. The mother company will support the advertising and marketing of its locations in national and regional media. The franchisor will also support its franchisees by the usage of newsletters, meetings, grand openings, purchase cooperatives, field operations and evaluations, as well as giving expert advices in the security and safety of food processing operations.
Buying a Quiznos franchise is a great opportunity as you do not have to start your business from ground zero; you’ll having the backing and the expertise of the franchisor in every step of developing the business. Franchises today are a dominating element of the business scene because of the benefits it implies for both the franchisor and the franchisee.
The ambition of the Quiznos restaurant chain is to serve the best sandwiches, to please customers, and to be the leader in quick service restaurants.
Quiznos invests a great deal of money and work in training its franchisees (every Quiznos franchise owner has a contact who is trained to provide assistance from site selection to the new store opening procedures, as well as future development of business – quality assurance, marketing, management).
Quinzo Subs also invests a great deal of capital into the marketing and advertising of its goods and locations on TV, over the internet, or with door to door campaigns.