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Jan 10, 2024 · The History of Quiznos. Unlike many fast-food restaurants, Quiznos was created by a chef. Quiznos founder Jimmy Lambatos worked as the executive chef at a fine dining establishment called the Colorado Mine Co., which was frequented by big-name celebrities in the 1970s.
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The Quizno's Corporation is the third largest chain of submarine sandwich shops, with more than 1,150 restaurants open in the United States, Canada, Puerto Rico, United Kingdom, Australia, and Japan. Quizno's Italian-style deli offers Italian submarines and other sandwiches, soups, salads, and pastas. The classic Italian submarines—made from propri...
Key Dates:1981:Denver restaurateurs open first Quizno's with intent to franchise brand via Quizno's America, Inc.1987:Father-and-son team Dick and Rick Schaden open their first Quizno's franchise in Boulder, Colorado.1991:The Schadens buy Quizno's America and rename it The Quizno's Franchise Corporation.Private CompanyIncorporated:1981 as Quizno's America, Inc.Employees:421Sales:$41.4 million (2000)Website. quiznos.com. Quiz Holdings, LLC, doing business as Quiznos, is an American franchised fast-food restaurant based in Denver that specializes in offering toasted submarine sandwiches. It was founded in 1981 by Jimmy Lambatos and sold to Rick and Richard Schaden ten years later.
Apr 20, 2022 · Quiznos rapidly became known for their toasty subs, then they disappeared. Let's dive into the history of this sandwich chain, and what lies ahead.
Aug 24, 2023 · Quiznos was founded in 1981, and grew to 18 locations before the whole company was sold to one of their franchisees, Rick Schaden. Forbes says he's the one that came up with the bizarre business plan, and it ended up breaking the franchise owners they should have been helping.
May 30, 2023 · By 1981, Quiznos was a fledgling sandwich joint with big dreams. Two years later, they began selling franchises. This decision spurred rapid growth and allowed them to extend their reach beyond Denver. A mere four years later, the franchise count reached a dozen.
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Jun 13, 2018 · One famously took his own life. The buyout. In 2006, a private-equity firm, CCMP Capital Advisors, bought a minority stake in Quiznos from Consumer Capital Partners, an investment firm led by Rick Schaden. The leveraged buyout left the company with hundreds of millions in debt.
