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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.
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Current interest is promising, at least: in February 2020,...
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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'
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 ...
Dec 15, 2022 · Quiznos had more than 4,000 locations and counting and had emerged as a threat to Subway thanks to its unique toasted subs and edgy marketing. The good times did not last long. By 2007, franchisees were suing the company over low unit volumes and profits.
Aug 23, 2022 · Most investors would agree that the Quiznos franchise is past its prime. I reveal total startup costs for this sandwich franchise and list units closures here. Warm toasted sub sandwiches may not seem revolutionary, but back in the early 90s the concept was considered innovative.
The company declared bankruptcy in 2014, and four years later, private equity firm High Bluff Capital purchased the sandwich chain. Quiznos was placed under the watch of REGO, which also oversees Taco Del Mar. The brand had 306 U.S. outlets to start 2019, and that number has now dipped below 200.
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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.