These brands are far from their former glory days.
, the chain began the process of picking itself back up. It currently operates four locations in Washington, DC—a far cry from its glory days.Believe it or not, there was a time as recently as 15 years ago when Quiznos was amongst the largest chains in the entire world. American shopping malls more often than not housed Quiznos locations, but the chain seems to have lost its customer base the same way those major malls did..
What happened? In short, the chain seems to have had a bad business model, which left franchisee owners with too little gain. , the company chased a rapid expansion at the expense of its franchisees while forcing them to buy food and paper products costing above the industry average. Many owners soon became frustrated with the low profits and poor treatment and left., which happened right before the Great Recession. Of course, the rise of Subway, now the largest sandwich chain in the world, didn't help. This perfect storm of debt, dwindling profits, and a large, new competitor, left Quiznos in the dust.
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