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New Quiznos Franchise locations for sale in Canada April 2024

Quiznos is not a new name on the block. Originally started in 1981, this global sandwich brand stands as one of the largest and most recognized in the industry. Over the years, Quiznos has continued to grow while cultivating a loyal fanbase due to its affordable yet vast menu. With over 750 locations globally already, Quiznos is focusing on an extensive expansion campaign with plans to grow locations in the entirety of North America in the coming years. Currently, Quiznos is actively looking for savvy entrepreneurs with an appetite for the sandwich industry, strong knowledge of their community, and the ability to follow the Quiznos business model in order to join the Quiznos franchise family.

New Quiznos Franchise locations for sale in Canada April 2024

Listings of New Quiznos Franchise locations available

Sorry, there are no new location listings available at this time. Please contact the Franchisor or checkout listings of existing Franchises available for resale, below.

Invest in a Tasty New Quiznos Franchisee Location

Becoming a Quiznos franchisee partner is seen as a long-term commitment and as such Quiznos is looking for partners who embody their mindset and understand their place in the sandwich restaurant market. Currently, the application journey is an easier and more accepting process than some of Quiznos competitors on the market. Quiznos is currently looking to expand at a rapid pace and as such has made it easier for potential applicants to pass by reducing the minimum threshold of finances and providing more of an emphasis on training as opposed to requiring the previous experience.

To get started, applicants are required to submit an evaluation to Quiznos directly from their website. The application will proceed if the candidate fits the main requirements that Quiznos is looking for in partners: ensuring you have adequate capital, evaluating your prior experience and strengths, and Assessing market availability in your area.

About Quiznos franchisee brand

Quiznos is a franchised fast-food restaurant based in Denver, Colorado, that specializes in offering a variety of different submarine sandwiches and sandwich-related items. Originally founded in 1981 by Jimmy Lambatos Quiznos has gone to grow to nearly 5,000 restaurants globally. Currently, Quiznos is the second-largest submarine sandwich shop chain in North America, behind Subway.

Quiznos is one of the most affordable sandwich franchise operations on the market currently. This makes the Quiznos brand an excellent opportunity for first-time entrepreneurs and experienced owners alike. Quiznos features one of the lowest franchise fees in the entire industry.

What qualifications does Quiznos look for in a franchise applicant?

Quiznos is looking for candidates who are both financially prepared and aligned with the values that they hold. Most importantly Quiznos is looking for members who will follow the guidelines and processes that have already been set in place by Quiznos.

in terms of experience, restaurant experience is helpful but not required. if you have experience running another type of business including working with employees and customers, managing finances and leading teams, this will greatly help in your evaluation. Quiznos has a complete training program and manuals as well as field operational staff that can help you learn their business as well as provide ongoing support once you have your restaurant running. What is most important for your evaluation is to embody the Quiznos spirit and understand what sets them apart from others in the sandwich industry.

Another important factor for Quiznos is community presence. People who spend money at restaurants need to be welcomed to a place that makes them feel good, makes them feel appreciated and where the energy from the crew is caring, inviting and fun. As an owner, being a visible presence in your community is going to make your restaurant feel more like the local restaurant that it is. Quiznos believes that this, in turn, helps you to grow sales as you get to know more and more of the people who live and work nearby.

Contact Franchisor

How much does it cost to become a Quiznos franchisee?

Quiznos requires potential applicants to have $70,000 in liquid cash or 30% of the project, a net worth of at least $350,000, and the ability to provide an investment of between $212,000 - $327,000 for starting your franchise. There is also a franchise fee of $10,000 when opening a new location. The official estimated breakdown of costs is as follows:

Estimated Initial Investment

Type of Expenditure

Amount

Method of Payment

When Due

To Whom Payment is Made

Initial Franchise Fee

$10,000

Lump Sum

At signing of Franchise Agreement

Quiznos

Architectural Fees

$6,000 - $15,000

Lump Sum

Before opening

Outside Vendors

Lease Review Fee

$0 - $3,000

Lump Sum

Upon submission of lease for approval

Quiznos

Leasehold Improvements

$63,000 - $95,000

As Arranged

Before Opening

Landlord or Contractors

Equipment, Construction Materials and Signs

$75,000 - $120,000

As Arranged

Before Opening

Quiznos; Used Equipment Owner or one of our Suppliers

Delivery Equipment and Promotional Materials

$0 - $1,199

As Arranged

Before Opening

One of our Suppliers

Uniforms

$250 - $350

Lump Sum

Before Opening

One of our Suppliers

Cash Register, Credit Card, Music and Computer Systems

$1,500 - $2,500

Lump Sum

Before Opening

Third Party or one of our Suppliers

Phone, Other mIscellaneous Items

$1,000

As Agreed

Before Opening

Outside Vendors

Security Deposits, Utility Deposits, and Business Licenses

$3,600 - $8,000

As Agreed

Before Opening

Landlord; Suppliers; or Government Agencies

Training Expenses

$2,500 - $4,500

As Agreed

Before Opening

Outside Vendors

Opening Advertising Campaign

$5,000 - $15,000

Lump Sum

Before Opening

Outside Vendors

Real Estate

See Note in FDD

As Agreed

   

Opening Inventory

$9,000 - $11,000

Lump Sum

Before Opening

One of our Affiliates or Suppliers

Additional Funds - 3 months

$35,000 - $40,000

As Arranged

As incurred

Suppliers and your Employees

TOTAL ESTIMATED INITIAL INVESTMENT (excluding real estate costs)

$211,850 - $326,549

     

Can I buy an existing Quiznos franchisee?

Yes, although this could be limited to very few locations. You can find all available listings here:

Search New Quiznos Franchise locations for Resale in Canada.