Why own a Quiznos Food Franchise?
"Quiznos is a product that I love, a product that I can stand behind and easily sell."
More than one-third of all retail sales in the US are generated from franchised
businesses. Why all the interest in franchising? It's because people want to reduce
their risk. They want to use a proven business model, and sell branded products
that consumers want.
The US Small Business Administration tracks loan performance among start-ups. The big news is this: The top ten franchisors (by loan count) had a loan failure rate that was HALF as low as small businesses generally. So it's true that all franchisors offer you a system and a brand, but if you want a better shot at success, go with one of the big guys.
Food Franchising is a Whopping Success
Your next decision is which one of the many business franchise opportunities you
should buy. To help you make the right choice, think about what you're buying when
you buy a food franchise. It's three simple things. The industry. The brand. The
ongoing support.
When you pick your industry, you want one with strong consumer demand today, tomorrow and well into the future. One that caters to a very basic consumer need. That's food. How much would you guess consumers spend out of their food budget on meals away from home, in a year? According to 2006 data from the National Restaurant Association, the restaurant industry pulls in 47.5% of the food dollar. That's more than 70 billion meals and snacks served in 2006 or $511 billion spent annually.
This trend isn't showing signs of slowing down either, particularly in restaurants
catering to consumers' growing demands to get in and get out fast, like Quiznos.
Technomics, a food industry research and consulting firm, conducted a recent study
that confirmed it: in the past 20 years, our menu category – sandwiches – has grown
at least 7% each year. That's definitely not the case for burgers, pizza, chicken,
Mexican fare, family steak houses, donuts and so on.
The stock market tells the same story. Some of the largest publicly traded fast food companies – McDonalds, Yum! Brands, Wendy's, and Sonic – have all beaten the S&P 500 in value appreciation over the five years ending February 2008.
All of that is a round about way of saying that a food franchise is where it's at.
Brand power
Quiznos has it. The power of our food – an amazing collection of chef-inspired recipes
using high-quality ingredients to create hot toasted subs, signature soups and fresh
salads that are a cut above the rest. The power of being at the top – Zagat's May
2007 fast food chains consumer surveys listed Quiznos in the top 5 for Top Food,
Top Facilities, Top Service and Top Overall, ahead of our direct competitors. Speaking
of those competitors, while they're close to utter market saturation, Quiznos is
rocketing forward with continued growth.
We stand with you
We have the experience, the people and the programs to offer committed support to our Franchise Owners. When you make the decision to join us, you can rely on your team of helpful Quiznos staffers who will support and guide you on the road to the toasty taste of success.