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Description
Investment Icon

What is the Initial Investment for a Quiznos Franchise?

The initial investment for a Quiznos franchise ranges from $220,600 to $641,000. This figure includes a franchise fee of $30,000, which is essential to secure your franchise rights. Additionally, potential franchisees must be prepared for ongoing costs, including a royalty fee of 5% of gross sales and a marketing fee of 2%. It’s crucial to assess your financial readiness and ensure you have the necessary capital before proceeding with your application.

Fees Icon

What Are the Financial Performance Metrics for Quiznos?

Quiznos franchises generate an average annual revenue of $417,139 per unit, with a gross profit margin of 70.3%. After accounting for operating expenses, the EBITDA stands at approximately $103,015, which represents 24.7% of revenue. Understanding these financial metrics can help potential franchisees gauge the profitability of the business and make informed decisions about their investment.

Revenue Icon

What Are the Required Financial Qualifications to Open a Quiznos Franchise?

To qualify for a Quiznos franchise, candidates must have a net worth between $300,000 and $400,000. It is also recommended that franchisees have liquid cash available ranging from $220,600 to $611,000. Meeting these financial requirements is essential for securing financing and ensuring that you can effectively manage the ongoing operational costs associated with running a franchise.

Breakeven Icon

What is the Breakeven Time for a Quiznos Franchise?

Franchisees can expect to reach their breakeven point within 12 months of opening their Quiznos location. This rapid payback period can be appealing for investors, as it indicates a potentially quick return on investment. However, achieving this breakeven point depends on various factors, including location, management, and market demand, so careful planning and execution are vital.

Quiznos Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$300,000 - $400,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

12 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$30,000
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

5%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

2%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

12 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$220,600 - $641,000
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$220,600 - $611,000
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$417,139
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$417,139
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$5,468,736
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$417,139
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Restaurant Franchises
Category icon A more specific division within the broader industry.

i Category:

Quick-Service Restaurants
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Tim Casey
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

4700 S. Syracuse St., Suite 640, Denver, Colorado 80237
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2004
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

QFA Royalties LLC

Quiznos Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

634
The number of locations owned by independent franchisees.

Franchised Units i

633
The number of locations owned and run by the franchisor.

Corporate Units i

1
Units 2021 2022 2023
Total Units 201 165 156
Net Change YoY -36 -9
Franchised Units 201 165 156
Net Change YoY -36 -9
Corporate Units 1 1 1
Net Change YoY 0 0
Investment About

Franchise Overview

Quiznos is a well-known fast-casual restaurant chain specializing in toasted submarine sandwiches, salads, and soups. Established in 1981, Quiznos has built a reputation for quality ingredients and innovative flavor combinations. With a focus on providing a unique dining experience, the brand has expanded its reach across the United States and internationally, serving millions of customers each year.

Potential About

Investment Requirements

To become a Quiznos franchisee, the initial investment ranges from $220,600 to $641,000, depending on various factors such as location and store size. The initial franchise fee is set at $30,000. Franchisees should also be prepared for ongoing royalty fees of 5% of gross sales and a marketing fee of 2%. A minimum net worth of $300,000 to $400,000 is required, along with cash reserves between $220,600 and $611,000.

Metrics About

Financial Performance

Quiznos franchises have demonstrated strong financial performance, with an average annual revenue per unit of $417,139. The highest reported annual revenue for a single unit reached $5,468,736. Franchisees can expect to break even within approximately 12 months, making it a potentially lucrative investment for those looking to enter the fast-casual dining sector.

Fees About

Franchise Growth

As of 2023, Quiznos operates 156 franchised units, a decline from 201 units in 2021. This trend indicates the challenges the brand has faced in maintaining its franchise network, but it also presents opportunities for new franchisees to enter a market with untapped potential. The company has consistently maintained one corporate unit, ensuring a direct connection to franchise operations.

Breakeven About

Operational Support

Quiznos provides comprehensive support to franchisees, including training programs, marketing assistance, and ongoing operational guidance. This support is crucial for new franchisees as they navigate the complexities of running a restaurant. The brand emphasizes franchisee success through robust training and resources, helping owners optimize their operations and profitability.

Units About

Brand Recognition

Quiznos has established a strong brand presence in the fast-casual dining market, known for its commitment to quality and flavor. The brand's unique selling proposition lies in its toasted subs, which differentiate it from competitors. With a focus on innovation and customer satisfaction, Quiznos continues to evolve its menu and marketing strategies to attract and retain customers in a competitive landscape.

Frequently Asked Questions

The initial investment for a Quiznos franchise ranges from $220,600 to $641,000, which includes the franchise fee, equipment, and other startup costs.