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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
Find your nearest Quiznos store location.
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
Between 2007 and 2012, Quiznos closed around 2,000 restaurants and spiraled from there, filing for bankruptcy protection in 2014.
- Tim Forster
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.
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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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.
