Quiznos

When did Quiznos peak in terms of the number of locations?

• 2007

• 2019

• 2000

• 2014

What was the main reason for Quiznos' early success?

• Unique sandwich fillings

• Extensive advertising

• Low prices

• Toasting their sandwiches

What percentage of Quiznos' revenue came from royalty fees in 1996?

• 19%

• 16%

• 3%

• 21%

What caused many franchisees to quit operating Quiznos locations?

• Competition from other sandwich chains

• Low customer demand

• High supply costs from Quiznos-owned distributor

• Economic recession

What did Subway start offering in 2004 that impacted Quiznos' competitive advantage?

• Toasted sandwiches

• Low prices

• Healthy menu options

• Delivery service

What led to Quiznos accumulating an additional $900 million in debt in 2006?

• Leveraged buyout

• Expansion costs

• Legal settlements

• Advertising campaigns

Who bought Quiznos in 2018 with hopes of turning the business around?

• High Bluff Capital Partners

• Potbelly

• American Food Distributors

• Subway

What is the current status of Quiznos according to the text?

• Far from going away completely but also far from where they once were

• Facing bankruptcy

• Thriving and expanding rapidly

• Completely shut down

What was the name of the Italian deli opened by the original owners of Quiznos in 1981?

• Jimmy's Deli

• Potbelly

• Subway

• Footers

What was the main factor that contributed to Quiznos' decline according to the text?

• Leveraged buyout

• Competition

• Economic recession

• Handling of the franchise model