Admittedly, it's been a while since I've reported on Quiznos. That's because things have been eerily quiet, news-wise, for the Denver-based franchise chain. Until last week. From The Denver Post: "Quiznos’ president and CEO has stepped down after just 16 months on the job, saying that he needs to
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Why Should Quiznos Franchisees Trust The New CEO?
Why? Why the heck should Quiznos franchisees trust the new CEO...or anyone at Quiznos corporate office? Can you come up with a reason? Oh. You haven't been following the Quiznos franchise saga? For starters, there used to be (in 2007) 5,000+ Quiznos stores. Now, there may be
Quiznos: What Happened To Joe The Franchisee?
I don’t know Joe. What I do know is this: Someone named “Joe” left a comment on a post I wrote concerning the Quiznos lawsuit and the huge settlement amount the parties agreed to. (It was a class-action lawsuit) It was back when Rick Schaden was at the helm. I have no idea if Joe was a
Ask Rick Schaden If Quiznos Is Going Out Of Business
It’s a great question for Rick Schaden to be asked. It’s begging to be answered. Here’s another question…and this one is really telling: Why are so many people doing internet searches trying to find out about the status of this Denver, Colorado based fast food franchisor? The Deal
Quiznos Franchisees Are Not Out Of The Woods Yet And They May Never Be
Quiznos Is Restructuring Again? Quiznos corporate office said this today, according to an article in The Denver Post: "We have reached an agreement with our lenders and equity partners, and look forward to continuing to work constructively together to establish a framework that will position
Quiznos Can’t Quell Their Latest Quagmire
I can’t believe it. It's happened again. It’s really Quazy news. Quiznos franchisees are suing the Quap out of their Denver-based franchisor. Again. It’s like Qeja-Vu. New Quiznos Lawsuit 10 lawsuits (as of this writing) were filed in Quolorado in December, claiming that
What Happened To Quiznos?
Well for one, they just hired Stuart Mathis, a franchise industry veteran, as it's new President and CEO. Mathis was the President of The UPS Store network, a position he held for 10 years. He helped The UPS Store double-digit same store sales growth and recruited tons of new franchisees.
Quiznos Subs Lowers Its Franchise Fee: Should You Buy a Quiznos Franchise Now?
Big Whoop. So, the new team at Quiznos, in a brilliant and never-used marketing ploy, has decided to go with a $10,000 franchise fee for anyone that buys a Quiznos Sub franchise. Talk about cutting-edge... If you're not hyper-focused on the franchisesphere like me, you may not be aware of all of
Quiznos Locations To Remain Open; Franchisees Breath Sigh of Relief
Quiznos franchise owners all over the world must be feeling a sigh of relief this week. That's because their Denver-based franchisor was just saved. The Avenue Capital Group out of New York just stepped up and invested $150 million to prevent the chain from having to file
Here’s What Happens When You Sue Your Franchisor
While I'm not encouraging this technique, it seemed to have had a major impact on what's been an absolute franchise PR nightmare. The Technique File a class-action lawsuit against a franchise company...in this case, Quiznos Subs. Do you remember what happened? A
