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(CNN)   Quiznos is toasted   (money.cnn.com) divider line 103
    More: Fail, pizza chain, Sbarro, failures  
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5597 clicks; posted to Business » on 14 Mar 2014 at 8:06 PM (32 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-03-14 08:11:10 PM  
Not quite yet, they're doing a Chapter 11 and appear to have DIP financing already in place.
Honestly, they did this to themselves by screwing the fanchiesees with high fees and supply costs that made a lot of them go out of business because they weren't turning a profit.

Damn shame too, I did like their products when I had one nearby.
 
2014-03-14 08:14:22 PM  
It was the cost of licensing the spongmonkeys that did them in. That, and the costs of maintaining the pepper bar.
 
2014-03-14 08:16:08 PM  
THAT's what you get for shredding the roof of my mouth!
 
2014-03-14 08:20:00 PM  
Jimmy Johns or Subway is better stuff.
 
2014-03-14 08:22:22 PM  

optikeye: Jimmy Johns or Subway is better stuff.


Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those
 
2014-03-14 08:24:28 PM  

optikeye: Jimmy Johns or Subway is better stuff.


Quiznos sandwiches are tastier and not as healthy as Subway. They put better, and more, ingredients on them.
 
2014-03-14 08:31:38 PM  

The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those


In New England at least, D'Angelos goes at the front of that list.
 
2014-03-14 08:32:49 PM  
They did the restaurant death spiral thing. I've seen it happen to restaurants run by stupid people. When business gets slow they lower the quality of their food to save money. They get fewer customers and the quality goes down further until the restaurant closes. Idiots.
 
2014-03-14 08:37:30 PM  

optikeye: Jimmy Johns or Subway is better stuff.


Jimmy John's is owned by a sleaze bag big game hunter who compensates for his small dick by shooting big things in Africa.
 
2014-03-14 08:38:39 PM  
"the company will take action to help increase sales and profits for its franchise owners going forward."

What is it with companies always "going forward" in time? So set in their ways; no one wants to rock the boat or think outside the box.
 
2014-03-14 08:39:21 PM  
Quiznos once had more than 5,000 stores and could have threatened rival Subway's hold on the sub market. But now, Subway has nearly 20 times the number of stores, with about 40,000 locations in 100 countries.

I believe it. Around here they seem to be opening Subways in the very cracks of the sidewalk. It seems like all you have to do is stand in one place and there'll be a Subway visible in at least one direction.
 
2014-03-14 08:41:35 PM  

jjorsett: Quiznos once had more than 5,000 stores and could have threatened rival Subway's hold on the sub market. But now, Subway has nearly 20 times the number of stores, with about 40,000 locations in 100 countries.

I believe it. Around here they seem to be opening Subways in the very cracks of the sidewalk. It seems like all you have to do is stand in one place and there'll be a Subway visible in at least one direction.




It's really cheap to open a Subway franchise and they have no problem allowing them across the street from each other.
 
2014-03-14 08:51:09 PM  
The one and only time I've been to Quiznos I ordered an 8 inch sub. They took a 12 inch sub and cut 8 inches off and threw the extra away. They'd rather throw bread away than give it to customers.
 
2014-03-14 08:53:14 PM  
Never should have gotten rid of the Spoogmonkeys.  Just like Dominos should not have killed the Noid.
 
2014-03-14 08:56:59 PM  

The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those


I'd put Jimmy John's before Quiznos but...pretty accurate. Firehouse is the bomb.
 
2014-03-14 08:59:19 PM  

bdub77: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

I'd put Jimmy John's before Quiznos but...pretty accurate. Firehouse is the bomb.


I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.
 
2014-03-14 09:01:09 PM  
I was almost a general manager of a Quiznos franchise.
I missed out because the position went to a skank that was sleeping with the owner (behind his wife's back). That was the only job I've ever walked out of.

Though from what I remember the owner saying, the Quiznos corporation didn't give a shiat if two different franchises opened up across the street from one another. But unlike Subway, the prices really don't make it worth it, even for better quality. And I can only imagine what the recession did to that quality. The Moe's Southwest Grill I worked at went from hand-mashed avocado gaucamole and steak marinated right there in hand-made marinade to both coming in bags.
 
2014-03-14 09:01:43 PM  
The pre-bankruptcy article in the Wall Street Journal talked about how the stores would do more than $600K per year and now the top stores are lucky to do $300K.  Refinancing is just rearranging the deck chairs on the Titanic.  NOTHING about their business model is working.
 
2014-03-14 09:04:29 PM  
Quiznos CEO Stuart Mathis said the company will take action to help increase sales and profits for its franchise owners going forward. It will look to reduce food costs, invest in local advertising and, in some circumstances, make loans available for restaurant improvements.

The food was fine the way it was.  Maybe they could give them a break on franchise fees and the food costs wouldn't be a problem.  Or, you know, sell shiattier food.  That's a sure-fire recipe for success.

And Subway isn't great, but it's remarkably consistent as long as a cheap family isn't running the franchise.  I should not have to argue that four pickles on a foot long is not "plenty."  I keep a running tally of cheapskate Subways and do not honor them.

But in my heart I'm a Jersey Mike's guy, but there aren't nearly as many of those as there are Subways.
 
2014-03-14 09:07:43 PM  
All the Quizno's by me closed a few years back, I didn't know they were still in existence.
 
2014-03-14 09:07:44 PM  

FriarReb98: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

In New England at least, D'Angelos goes at the front of that list.


Only if you don't have a Moe's close by.
 
2014-03-14 09:11:35 PM  

NeoCortex42: FriarReb98: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

In New England at least, D'Angelos goes at the front of that list.

Only if you don't have a Moe's close by.


The only Moe's I know of is Southwest Grill, so I have no idea what you're talking about.
 
2014-03-14 09:13:28 PM  

FriarReb98: NeoCortex42: FriarReb98: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

In New England at least, D'Angelos goes at the front of that list.

Only if you don't have a Moe's close by.

The only Moe's I know of is Southwest Grill, so I have no idea what you're talking about.


Moe's Italian Sandwiches is a southern NH place that started as a family business, then expanded to new locations and started franchising a few years back. They're technically a chain, but still very local.
 
2014-03-14 09:15:42 PM  

Nabb1: bdub77: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

I'd put Jimmy John's before Quiznos but...pretty accurate. Firehouse is the bomb.

I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.


Surprisingly, they are pretty good, and the steamed sandwiches are novel. They are kind of like the 5 Guys of sub shops. They are no Parkway, but are quite good for a chain.

Now, is it ok to eat at Jimmy Johns if Drew Brees owns it?
 
2014-03-14 09:19:52 PM  

The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those


I might switch Firehouse and Jersey Mike's in your ranking, but only because I prefer cold subs to hot.  Otherwise you're pretty spot on.

Capriotti's is better than any of them, and they're expanding fairly quickly.
 
2014-03-14 09:25:45 PM  
Now I'm in the mood for a Wawa hoagie.
 
2014-03-14 09:33:35 PM  

Lighting: Nabb1: bdub77: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

I'd put Jimmy John's before Quiznos but...pretty accurate. Firehouse is the bomb.

I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.

Surprisingly, they are pretty good, and the steamed sandwiches are novel. They are kind of like the 5 Guys of sub shops. They are no Parkway, but are quite good for a chain.

Now, is it ok to eat at Jimmy Johns if Drew Brees owns it?


My kids love it. And they deliver in like fifteen minutes.
 
2014-03-14 09:40:44 PM  
Thank God. Now we are all safe from the rapist oven.
 
2014-03-14 09:43:12 PM  

buzzcut73: Honestly, they did this to themselves by screwing the fanchiesees with high fees and supply costs that made a lot of them go out of business because they weren't turning a profit.


The Quiznos in my town has been through four or five ownership groups and recently closed yet again on Monday.

It will sell (listed for $75,000) and someone else will fail at it again.

jjorsett: I believe it. Around here they seem to be opening Subways in the very cracks of the sidewalk. It seems like all you have to do is stand in one place and there'll be a Subway visible in at least one direction.


Imagine my surprise, as a simple American, to find Subway *at* the Mutianyu Great Wall last summer. Literally, at the place you walk up to to take the gondola up to the great wall itself. They are literally everywhere anymore.
 
2014-03-14 09:48:38 PM  
I prefer my wife to make my sandwiches.... Yum!
 
2014-03-14 09:56:33 PM  

NeoCortex42: FriarReb98: NeoCortex42: FriarReb98: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

In New England at least, D'Angelos goes at the front of that list.

Only if you don't have a Moe's close by.

The only Moe's I know of is Southwest Grill, so I have no idea what you're talking about.

Moe's Italian Sandwiches is a southern NH place that started as a family business, then expanded to new locations and started franchising a few years back. They're technically a chain, but still very local.


There's one five minutes from my house.

I actually worked briefly for the Amato family (of Amato's fame, of course) selling dick pills.
 
2014-03-14 09:59:54 PM  

Hagbardr: Now I'm in the mood for a Wawa hoagie.


I can't believe the amount they've expanded their food selection by over the last ten years or so. I spent most of high school working in one, and the selection was pretty much just the hoagies.
 
2014-03-14 10:00:09 PM  

TuteTibiImperes: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

I might switch Firehouse and Jersey Mike's in your ranking, but only because I prefer cold subs to hot.  Otherwise you're pretty spot on.

Capriotti's is better than any of them, and they're expanding fairly quickly.



Capriotti's is the best. I love the Capastrami, and the Bobbie. Super high quality meats(they make the turkey and roast beef everyday from scratch), tasty bread, and good vegetarian options for my 13 year old who decided to stop eating meat.
 
2014-03-14 10:17:15 PM  
The stories about companies that file bankruptcy with $500 million plus in debt always confuses me... how the fark did they get that far in debt? Who keeps loaning them the monies when they no pays?

Compare to me trying to open a credit card at a bank I've been with 20 years... it was like I had to give them my left kidney to open a $1,000 line of credit...
 
2014-03-14 10:22:24 PM  

moefuggenbrew: The stories about companies that file bankruptcy with $500 million plus in debt always confuses me... how the fark did they get that far in debt? Who keeps loaning them the monies when they no pays?

Compare to me trying to open a credit card at a bank I've been with 20 years... it was like I had to give them my left kidney to open a $1,000 line of credit...


I assume they have assets, and much of the debt is secured somehow.
Also, how bad is your credit that. The bank doesn't want to give you a $1000 credit line?
 
2014-03-14 10:26:06 PM  

Nabb1: I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.


Do the shops in the French Quarter make good po'boys? I'll usually stop by Frady's in Bywater but have always been skeptical of anything in the French Quarter since it all seems to be geared to (and priced for) drunk tourists who don't know better.
 
2014-03-14 10:30:38 PM  
Subs from the local publix deli are the best. Boars head. Fresh produce. Real portions. Done up just the way you like with ginger ice tea as a combo. Tasty.

/subway sucks
 
2014-03-14 10:34:03 PM  

FriarReb98: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

In New England at least, D'Angelos goes at the front of that list.


Firehouse is very good, got a small chain down here called Larry's Giant Subs that makes great ones too
 
2014-03-14 10:38:32 PM  

EngineerAU: Nabb1: I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.

Do the shops in the French Quarter make good po'boys? I'll usually stop by Frady's in Bywater but have always been skeptical of anything in the French Quarter since it all seems to be geared to (and priced for) drunk tourists who don't know better.


Stanley is the only place worth hitting in the Quarter for a po'boy. It's run by the same chef who runs Stella. Not your usual po'boy fare, but really good.
 
2014-03-14 10:39:27 PM  

Nabb1: EngineerAU: Nabb1: I've never had Firehouse. But, I don't think too many of them beat a good po'boy from one of the shops in my neck of the woods.

Do the shops in the French Quarter make good po'boys? I'll usually stop by Frady's in Bywater but have always been skeptical of anything in the French Quarter since it all seems to be geared to (and priced for) drunk tourists who don't know better.

Stanley is the only place worth hitting in the Quarter for a po'boy. It's run by the same chef who runs Stella. Not your usual po'boy fare, but really good.


I should say the only place I can think of offhand. I'm probably overlooking someplace.
 
2014-03-14 10:44:20 PM  

moefuggenbrew: The stories about companies that file bankruptcy with $500 million plus in debt always confuses me... how the fark did they get that far in debt? Who keeps loaning them the monies when they no pays?


Your retirement fund is loaning them the money and it may not even be secured loans.
 
2014-03-14 10:46:59 PM  
Darn, that sucks.  I was never able to try their toasted sandwiches even though they were so close.
/wichwich was really good the first time I went.  Not as good the second time.  Haven't been back
//I think the "toasted" part of the Quiznos could really take off here
 
2014-03-14 10:49:02 PM  
WE OUT THE BUUUUCCCCCCCKKKKKKSSS

WE OUT THE BUCKS TO MAKE

THE QUIZNOS SUUUUUBBBBBBBBSSSSSSSS

NO MORE CASH TO MAKE THE SUBS WITH CHEESE OR MEAT OR MUSTARD

OR EVEN LEAFY VEGETABLES
 
2014-03-14 11:04:11 PM  
Quiznos somehow manages to be worse than Subway. It must be all the grease.
 
2014-03-14 11:05:13 PM  

Speaker2Animals: optikeye: Jimmy Johns or Subway is better stuff.

Jimmy John's is owned by a sleaze bag big game hunter who compensates for his small dick by shooting big things in Africa.


This.

/and his sandwiches suck too
 
2014-03-14 11:16:20 PM  
I used to like Quiznos a lot, but then for some reason a few years ago I started to repeatedly get sick from their food. Even from different stores. Subway is the goddamned devil. They treat their employees like shiat (seriously, working at a Wal-Mart deli was fantastic compared to working for Subway; that's not hyperbole, either) and company policy is barely any food is the maximum we should put on unless a customer complains (which is great for letting them know how much they're valued). Jimmy John's I used to like until I learned that the owner was a complete piece of filth, so now I avoid that one too. Never really liked Firehouse too much, which is my loss apparently since everyone loves it. Publix (a grocery store chain in the South) is, hands down, the best. Even better than a number of local sub shops.
 
2014-03-14 11:24:20 PM  

jigger: They did the restaurant death spiral thing. I've seen it happen to restaurants run by stupid people. When business gets slow they lower the quality of their food to save money. They get fewer customers and the quality goes down further until the restaurant closes. Idiots.


They did the opposite. They were going like gangbusters, then they decided to up their prices and reduce their quality. That is when people stopped going, then the recession hit and that further cut their numbers.
 
2014-03-14 11:36:04 PM  
I went in the one on Garnett in Tulsa ONCE.  The store was filthy, there were big dust bunnies stuck in a layer of grease on top of the soda machine.  The sliders I ordered were Ok, nothing special and not worth what I paid for them.
 
2014-03-14 11:40:16 PM  

TuteTibiImperes: The Bestest: optikeye: Jimmy Johns or Subway is better stuff.

Of chain shops, I'd probably go firehouse > jersey mikes > quiznos > jimmy johns > blimpie > subway

..but almost always, a local deli would be better than any of those

I might switch Firehouse and Jersey Mike's in your ranking, but only because I prefer cold subs to hot.  Otherwise you're pretty spot on.

Capriotti's is better than any of them, and they're expanding fairly quickly.


Jersey Giant makes delicious cold subs, but that's a small chain. And then there's Mancino's for grinders. (They also make a mean taco pizza!) Never have been to Quiznos, Jersey Mike's, or Firehouse. I'd probably switch Blimpie and Subway in ranking, for just based on bread quality.

Lenny's Sub Shop may be at the top of my list, though. Like Jersey Giant, they shave the meat and cheese right there in front of you. Great hot subs, too, and they're a lot more widespread than Jersey Giant.

/Sandwiches!
 
2014-03-14 11:40:47 PM  

The My Little Pony Killer: Speaker2Animals: optikeye: Jimmy Johns or Subway is better stuff.

Jimmy John's is owned by a sleaze bag big game hunter who compensates for his small dick by shooting big things in Africa.

This.

/and his sandwiches suck too


JJ is pretty good to me, it's near our office and makes a good tuna sammich
 
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