Franchising with Quiznos Sub
If you want to invest in a business with a sure return of investment in just a small span of time, then Quiznos Sub is the way to go. With its Italian heritage, Quiznos Sub is a hit for most Americans and other nationalities worldwide with its long line of submarine sandwiches, extra-hot soups, and crispy salads.
For over twenty years in the field, the company has now grown to be in the top 500 franchises worldwide.
Requirements to Become a Quiznos Sub Franchisee
Quiznos Sub is currently looking for people all over the world who can run the business with minimum supervision from the company. In running a franchise, you should have at least minimum knowledge in the food business. You should also have knowledge in Italian food since majority of the menu offers Mediterranean style of cooking.
Qualifications for Owning a Quiznos Sub Franchise
In order to qualify as a Quiznos Sub franchisee, you’ll going to need a cash liquidity of $70,000 and a total net worth of not less than $125,000. This is necessary in order to finance and run the business in the first month of operation. The company is allowing absentee ownership, so there would be no problem if you’re a foreigner who wants to own a business in other parts of the world.
Quiznos Sub Franchise Investment Costs
The total investment cost in one Quiznos Sub franchise can range from $24,100 to around $341,800. The company, however, failed to mention whether the amount will cover the building cost, operations cost, and other equipment needed for the store. A franchising fee of $5,000 to $25,000 is already included in the total cost of investment. Also, the company is asking for seven percent royalty fee, which is usually deducted from the franchise’s annual earnings.
Return of Investments
The term of agreement with the company will last up to 15 years. This will give you ample of time to get back what you invested and even get more depending on how you run the business. The company offers two types of business franchisee, which is express and kiosk options. These types of franchise outlets are best for mall, stadiums, and other congregational places that will give you maximum exposure every time.
How Quiznos Sub Franchise Helps in Training and Support
All of the training for you, and even your newly employed staff will be handled by Quiznos Sub. It will be available at the company headquarters in Denver, Colorado for one week. The week of training will focus on several business process and orientation to let you have the personal feel of the business. Another three weeks of training will be dedicated at the regional office. This includes operations training and cooking lessons.
Advertising and Marketing
You can be in charge of all the advertising that you need in your own franchise, which means that you can choose whether you will use Ad slicks or other forms of media. The company, on the other hand, extends full support in these types of necessity. They offer national and local media exposures for you to be able to gain exposure instantly.
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