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In this captivating journey, we delve into the rise and fall of Quiznos, a sandwich empire that once dared to revolutionize the sub-industry.
- 12 min
- 833
- SmallCapSteve
Dec 7, 2023 · 🥪 The Quiznos Story: A Sandwich SagaHi everyone, I’m Nick McLean from Four Pillars Investors, and today we're diving deep into the intriguing world of Quizn...
- 14 min
- 481
- Nick McLean - Private Equity
Feb 3, 2022 · By 2014 Quiznos was in deep trouble and filed for Chapter 11 bankruptcy. In 2016 after the long period of awful franchisee relations a NEW CEO Susan Lintonsmith started making moves to make...
Jun 7, 2021 · Only Subway edged ahead, and Quiznos’ allegedly superior quality (albeit quality that came with a heftier price tag) was elevating the franchise network to unforeseen heights. So how did the brand go from all that to just under 500 global sites?
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.
May 30, 2023 · By 1981, Quiznos was a fledgling sandwich joint with big dreams. Two years later, they began selling franchises. This decision spurred rapid growth and allowed them to extend their reach beyond Denver. A mere four years later, the franchise count reached a dozen.
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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.