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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 7, 2021 · The year is 2001, and Quiznos has just launched in Europe. Opening its first U.K. site in Peterborough, Quiznos has now been operating under father-and-son duo Rick and Richard Shaden for a decade.
In 2023, Quiznos is owned by Rego Restaurant Group, a leadership team with deep franchise experience that is committed to growth, continued innovation, and supporting profitability for franchise owners.
- What Makes Quiznos So Special as A Brand?
- What Are Some of The Benefits of Franchising with Quiznos?
- What’s Quiznos Doing That Competitors Are Not?
- What Is Quiznos Looking For in A Franchisee?
- It Seems Like A Lot Is Happening at Quiznos. What Is The Culture These days?
- How Does The Team Benefit The Franchisee?
When you think about when Quiznos first started, it was a disruptor in the sub/sandwich space, doing things no one else was doing. And we’re committed to getting back to that. We’re bringing in new, innovative equipment, which will take the menu in a unique and special direction to further differentiate the brand, and create a strong economic model...
For one, you get tremendous brand awareness with the consumer. It doesn’t matter what state, the consumer is aware of Quiznos, and that’s tremendous for a franchisee. You don’t have to build brand awareness – it exists, and they’re capitalizing on it. Also, the business model is highly relevant to the consumer and therefore lucrative to the franchi...
When we first started, no one else was toasting, and we brought toasting into the sandwich platform. Now, today, we’re doing unique LTO like bison, and unique proteins, not only differentiating our brand, but the messaging shows we’re back as a unique brand. We’re going to take what was great about the brand in the past, and we’re going to capitali...
The franchisee we want is a great operator, meaning they are connected in their community, and they operate great restaurants and take care of the guests. The franchisee of the future is the one who wants 5-plus restaurants in their communities, because when they can control an amount of real estate, they can capitalize to the benefit of their gues...
People create culture, and we’ve brought together a team that believes in the franchise and what we’re doing. We wake up every day wanting to support our franchisees and the business model. That drives a level of collaboration within the organization that benefits the franchisee. I’ve never seen such passion in a group of people.
As a franchisee, what you’re really buying into is a level of talent that supports the complexity in the market. Franchisees have to be confident a supply chain team is making sure there’s continuous flow of product, at an affordable cost, which sounds easy but is very difficult. Or, you need a digital team that can capitalize on trends, like onlin...
In 2018, Quiznos was purchased by private equity firm High Bluff Capital Partners. At that time, the franchise had about 300 locations open, whereas today, they have fewer than 200. Judging from their franchise website, their royalties are priced competitively, but only the current surviving franchise owners can say if the supplies are finally ...
May 30, 2023 · By 1991, the Schadens opened three more restaurants and then made a bold move: they bought the entire restaurant chain of 18 locations from the founders and renamed it Quiznos Franchise Corp, which set the company on a rapid pace of development.
Sep 7, 2022 · By Jonathan Maze on Sep. 07, 2022. This week’s episode of the Restaurant Business podcast A Deeper Dive features Mark Lohmann, the president of Rego Restaurant Group, which owns Quiznos as well as its sister chain Taco Del Mar.
