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  1. en.wikipedia.org › wiki › QuiznosQuiznos - Wikipedia

    Between 2007 and 2009, 1,000 Quiznos stores in the United States closed. [45] After the closure of around 2,000 restaurants during the Great Recession, a majority stake in the company was purchased by Avenue Capital Group of New York in January 2012.

  2. May 19, 2021 · In reality, Quiznos’ 2020 unit closures were not all that bad compared with its recent history. Five years ago, Quiznos operated 671 locations. In 2010 it operated more than 2,800. At its peak, in 2006, it was close to 5,000.

  3. Jun 10, 2024 · At its peak around 2006, Quiznos had about 5,000 restaurants - but by 2024, the chain has all but collapsed, with under 150 locations left in the U.S. The reason for Quiznos' precipitous downfall seems to be more about poor management and poor sandwich sales rather than changing tastes.

    • Tim Forster
  4. 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.

  5. Aug 21, 2024 · How many Quiznos restaurants have closed? Since its peak, Quiznos has seen over 90% of its locations shutter. From around 5,000 restaurants, the number of store closures left only a few hundred operational.

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  7. Nov 19, 2023 · Sensing weakness after Quiznos' highly-publicized issues, Subway pounced, installing toasters and discounting prices; this is where the famous $5 footlong deal (which it dropped in 2018 after Quiznos was no longer a threat) originated.