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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. Aug 24, 2023 · According to Restaurant Business, the 4,700 locations they had in 2007 had shrunk to less than 400 in a decade. That's a huge loss — about 90 percent of their stores — so how does that much loss even happen? It's complicated, and it involves angry franchisees, a bizarre business plan, and record-setting lawsuits.

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  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. Apr 9, 2024 · Despite yet another takeover by High Bluff Capital (REGO Restaurant Group) in 2018, multiple re-brand initiatives and numerous partnership announcements, Quiznos now has less than 200 US locations left in 2024.

    • Keith Donovan
  5. 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.

  6. 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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