November 3, 2008
Does anyone here know or is a franchisee of Quiznos? how much is the investment?
JUMEISTER asked:
I am interested in Quiznos, thing is i cant attend the seminar because im not in the states. But im planning to put one there. I hope you can answer my questions. How much would the capital be? the roi? and is it a good venture? thanks a lot folks, i would appreciate honest and serious answers.
I am interested in Quiznos, thing is i cant attend the seminar because im not in the states. But im planning to put one there. I hope you can answer my questions. How much would the capital be? the roi? and is it a good venture? thanks a lot folks, i would appreciate honest and serious answers.
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Comments on Does anyone here know or is a franchisee of Quiznos? how much is the investment?
The Entrepreneur Magazine has profiles on the top franchises and regularly comes out with lists of top franchises. They have the information you need: contact information, company profile, number of employees, number of franchises in and out the United States for the past 5 years, cost and fees, training/support provided, as well as its rankings as measured by Entrepreneur Mag.
According to Entrepreneur, following are the costs requirements:
Total investment: $71.7K-251.1K
Franchise fee: $10K-25K
Ongoing royalty fee: 7%
Term of agreement: 15 years, renewable
Renewal fee: $1K
Qualifications:
Net worth requirement: $125K
Cash liquidity requirement: $60K
Business Experience: Industry experience; General business experience
You may also want to request for franchise materials straight from Quiznos at
Quiznos has always been ranked in the top 10 by Entrepreneur, and in fact it was ranked the #2 franchise opportunity for 2006. So I reckon its ROI for its franchisees is good, considering that it is one of the fastest growing franchises in the country today.
Hope the above helps
Isabel Isidro