quizno’s subs

Marissa Doria

Founded: 1981   Franchising since: 1983 Quizno's Sub began at one location on the corner of 13th

and Grant in Denver, Colorado's busy Capital Hill neighborhood in 1981. Approximately six years later in 1987 after eavesdropping on a remark by a customer, entrepreneur Rick Schaden opened the first franchise in nearby Boulder, Colorado. After four years of enjoying wild popularity with his small business investment, Schaden along with his father

Total Investment: $208,400-$243,800Initial Franchise Fee: $25,000Royalty Fee: 7%Advertising Fee: Term of Agreement: 15 yearsRenewal Fee: $1K

TrainingAvailable at headquarters: 1 week

At regional location: 3 weeks

Ongoing SupportNewsletter

Meetings Toll-free phone line Grand opening Internet Security/safety procedures Field operations/evaluations Purchasing cooperatives

Marketing SupportAd slicks

National media Regional advertising

Quizno’s ranked number 44 in franchising

Arby’s McDonald’s Subway Subway has the advantage of cheap prices