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170 Quiznos
- In the early 2000s, Quiznos was a premium-choice sandwich chain, a top competitor of Subway and a franchise with nearly 5,000 locations worldwide in 2006. Fast-forward 17 years and the brand’s footprint has decreased by 94%, Eat This reports. In June 2022, there were only 170 Quiznos open.
1851franchise.com/what-happened-to-quiznos-4000-closures-but-theres-still-hope-2720837What Happened to Quiznos? 4,000+ Closures — But There’s Still ...
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It then grew to nearly 5,000 restaurants; by 2013, Quiznos was the second-largest submarine sandwich shop chain in North America, behind Subway. [5] It filed for bankruptcy in 2014; by 2016, it had dropped to ninth place, [ 6 ] and the number of Quiznos locations in the United States fell from a 2007 high of 4,700 to just 400 a decade later.
Jun 7, 2021 · And what does the future look like for Quiznos, following the acquisition of the brand by REGO Restaurant Group in 2018? We spoke to some industry insiders, and REGO themselves, to understand the revealing journey behind this fascinating franchising case study.
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.
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.
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.
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 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.
