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Aug 5, 2024 · Following the acquisition of the brand by a private equity firm in 2018, the omnipresent Quiznos seemed to disappear. According to WCRZ, there are roughly 150 Quiznos restaurants spread over 35 states in the U.S. compared to the 4,700 stores that were spread across the map 20 years ago.
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May 19, 2021 · In short: Quiznos’ domestic unit count is down 94% in 15 years, a remarkable collapse of a chain that at one point operated more units than Dairy Queen and generated about $2.2 billion in system sales and was one of the 30 largest chains in the U.S.
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.
Nov 19, 2023 · It turns out it wasn't just one factor but a colossal mess of ill-advised decisions and worse luck that ultimately doomed the brand in quite possibly the most rapid downfall in chain restaurant history. And it all started with a business model that seemed predisposed to failure.
Jun 13, 2018 · Jonathan Maze. On Monday, Quiznos was sold to an investment firm out of San Diego. This has given me time to tell the story of one of the biggest restaurant chain collapses in industry history. Between 2007 and 2017, Quiznos shrunk from 4,700 U.S. locations to fewer than 400.
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Aug 19, 2024 · As Quiznos starts opening up new locations, many are slated to be free-standing Qubes instead of traditional larger restaurants. Not only does a Qube make owning a new Quiznos franchise cheaper and require less land, but it's also faster to build.
