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Jun 7, 2021 · Current interest is promising, at least: in February 2020, it signed a 20-store development deal in Latin America, with locations planned for Costa Rica, Honduras, Panama, Nicaragua, and El Salvador. It’s not worth solely focusing on the failures of a franchise brand, but examining the Quiznos journey can provide some invaluable lessons for ...
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Current interest is promising, at least: in February 2020,...
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Jun 13, 2018 · Quiznos made the mistake of trying to compete by discounting. Maybe the most famous came in 2009, when the company sent out a coupon for a free sandwich, and franchisees, angry at the discounts and low profits, revolted and refused to accept the coupons. Customers got angry, and Quiznos' problems got worse.
Mar 25, 2020 · As regional economies start to rebound, Quiznos' master franchisee in Latin America is rebuilding the brand's footprint as he looks to capitalize on its position as a ‘premium sandwich brand'
Dec 15, 2022 · A former Quiznos franchisee comes back to the brand. Parish Patel left in 2015 as the sandwich chain collapsed. His return is part of a hopeful new era for Quiznos. By Joe Guszkowski on Dec. 15, 2022. Quiznos' new Qube format helped convince Patel to give the brand another shot. / Image courtesy of Quiznos.
Aug 9, 2024 · Quiznos’ franchise model was a significant contributor to its eventual decline. The company’s approach, marked by high franchise fees and stringent operational controls, created a tense ...
Jan 13, 2023 · In June 2022, there were only 170 Quiznos open. The closing of more than 4,000 units happened because “Quiznos had a bad business model, a tough competitor, a devastating recession and a leveraged buyout,” Restaurant Business Online explained in a piece about the company’s downfall.
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Aug 24, 2023 · That's a lot for any chain to recover from, and Quiznos' fate is still very much up in the air — especially when other sub chains are only expanding. It wasn't long ago that Quiznos was a pretty big deal. Now, they've closed more than 90 percent of their stores in the last decade. Here's why.
