Quiznos

Quiznos

Information based on 2024 FDD

Food & Beverage · Sub Sandwiches

Investment min
$221K
Total: $221K–$611K
Avg gross revenue
$417K
Unit-level, 2024
Franchise fee
$5K
Per current disclosure
Royalty
5%
of gross revenue
Locations
156
Franchising since 1993

Description

What is Quiznos?

Quiznos revolutionized the sub sandwich industry in 1981 with their signature toasted subs, creating a distinctive dining experience that continues to set them apart from competitors. Known for their premium ingredients, artisanal bread, and chef-inspired flavor combinations, Quiznos has cultivated a loyal following of customers who appreciate the difference that toasting makes in every bite.

Their menu features an impressive array of hot sandwiches, from classic Italian and turkey clubs to innovative creations like their famous Chicken Carbonara and Mesquite Chicken with Swiss. Each sandwich is crafted with high-quality meats, fresh vegetables, and proprietary sauces that deliver bold, memorable flavors. The brand is particularly celebrated for their unique offerings, including their popular lobster rolls and specialty items that you won't find at other sub shops.

What truly distinguishes Quiznos is their commitment to quality and customer service. Their restaurants maintain high cleanliness standards, and their staff is known for providing friendly, attentive service. The brand's dedication to consistency ensures that whether customers visit for a quick lunch or casual dinner, they can expect the same delicious, toasted perfection that made Quiznos famous.

For potential franchisees, Quiznos offers a proven business model with strong brand recognition and a dedicated customer base. Their streamlined operations, comprehensive training programs, and established supply chain provide the foundation for a successful quick-service restaurant business. As a Quiznos franchise owner, you'll be part of a legacy brand that continues to innovate while maintaining its commitment to quality and customer satisfaction.
  • Signature toasted sandwich differentiation in competitive market
  • 43 years of proven operational experience since 1981
  • Lower entry investment requirements versus sub-sector average
  • Established menu and operational systems infrastructure
  • Daily fresh-sliced meats and cheeses preparation
  • Unique proprietary sauce portfolio and flavor profiles

Location Analysis

Where Quiznos wins

Quiznos maintains a presence across multiple states, with a strong concentration along the West Coast, particularly in California, and notable presence in the Mid-Atlantic region, including Virginia and Maryland, as well as parts of the Midwest like Michigan and Washington. This coastal-heavy distribution suggests strong market acceptance in urban, high-traffic areas, particularly along the West Coast and Mid-Atlantic regions. However, the average rating of 2.44 across multiple reviews indicates potential operational challenges that need addressing.

The franchise's significant market penetration in California demonstrates viability in competitive, high-cost markets, though considerable gaps exist in many Midwestern and Southern states, presenting expansion opportunities. Successful locations typically cluster near business districts, universities, and high-foot-traffic retail centers, suggesting a target demographic of working professionals and students.

Prospective franchisees should focus on densely populated areas with median household incomes above $60,000 and daytime population density exceeding 5,000 within a one-mile radius. Ideal locations feature strong visibility, accessible parking, and proximity to office complexes or educational institutions. The moderate current market presence suggests room for strategic expansion, particularly in underserved markets with similar demographics to successful California and Virginia locations.
Total US locations
157
Franchise units
156
Corporate locations
1
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Quiznos

Avg gross revenue$417,139
Investment range$220,600 – $611,000
Investment midpoint$415,800
Brand fund2%
Royalty5%
Franchise fee$5,000
Min. net worth
Min. liquid capital
Quiznos presents an **entry-level investment opportunity** with total capital requirements ranging from **$220,600 to $611,000**, positioning it significantly below the sub-sector averages of $419,677-$864,432. This lower barrier to entry makes the franchise accessible to emerging entrepreneurs seeking established brand recognition without premium investment levels.

The **sub sandwich sector** remains resilient within the broader QSR landscape, driven by consumer demand for customizable, fresh meal options and convenient dining experiences. However, the reported gross revenue of **$417,139** falls below the sub-sector average of $608,302, indicating potential market challenges that require careful evaluation.

With **157 active units** and **43 years of operational history** since 1981, Quiznos demonstrates substantial franchisor experience and operational infrastructure, though the current unit count suggests a more focused market presence. This maturity provides established systems while potentially offering territory availability in key markets.

The brand's **signature toasted sandwich concept** and established menu systems may appeal to operators seeking differentiated positioning within the competitive sandwich segment. However, prospective investors should carefully evaluate local market dynamics, competition density, and demographic alignment through thorough FDD review and market analysis to make informed investment decisions.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$221K–$611K
Most common
$220,600
Minimum
$415,800
Midpoint
$611,000
Maximum

Per FDD Item 7, total initial investment ranges from $220,600 to $611,000. The midpoint $415,800 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$500K$400K$300K$200K$100KN/A
$417K
2022
2023
2024
Avg
$139K
YOY change (2023 -> 2024)

According to Item 19 of the Franchise Disclosure Document, Quiznos has an average gross revenue of $417K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

-5% YoY
400320240160800
2017
2018
2019
2020
2021
2022
2023
2024
157 units open as of 2024 FDD-9 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Quiznos's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Quiznos franchise typically ranges between $220,600.00 and $611,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Quiznos
Quiznos
$417K avg revenue · 156+ US franchises

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