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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.
Jun 13, 2018 · 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.
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.
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.
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.
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.
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.
