Quiznos is a dying breed?

[ponyo]

Originally posted by: JS80
so is that $45k his take home pay without working or does he work? Is it $45k AFTER he pays his own salary?

No. 45k is because he work. If he didn't, he would have to add manager salary. 45k is his salary. 40k monthly sale is extremely high figure. Most stores do far less.

I would never buy a franchise. This story is common in the franchise world.

 

[mugs]

Originally posted by: Twista
http://franchisepundit.com/index.php/2005/04/10/what-a-quiznos-franchisee-makes/

I read all the comments and im pretty surpised about it. I always wondered why a large sub cost me $7.49 @ quiznos. At subway the large sub is half of that price :/

A footlong at Subway will cost you $5+ unless you get one of the cheap ones like a veggie or meatball. And it's smaller than a Quiznos large. And the amount of meat they put on a Quiznos sub is insane. I've actually asked them to put LESS meat on my sandwich, something I'd never have to do at Subway.

 

[isekii]

Quizno's is good. Just way too expensive.

I rather go to Blimpie.

infact, I'm not a subway fan myself. Their sandwiches are linguini thin.

 

[PAB]

What a lot of y'all fail to understand is that your profit margin in any decent restaurant is about 10% of your gross. In this case, if you take out that SBA loan repayment - you're damn near close to 10%.

The industry as a whole operates on about a 10% margin. This articles is just stating the obvious.

Oh, and FWIW. That 10% you make is also based on working half a day all year long.

You can work the first 12 or the second 12

 

[QueBert]

Quiznos doesn't put that much meat on a sandwich, not at least for the price. I use to eat there, but I discovered 2 places that kill them, both for value and selection.

Vons Deli
Ralphs Deli

Ralphs is only in So Cal I think? Vons might be Safeways in other parts of the country. Vons has about 10 types of bread, how many does Quiznos have? 2 at the one by me. Vons has ANY Deli meat they sell, $4.99 for a small sandwich that easily has more meat then anything Quiznos offers, with the exception of that new Beef Brisket sub, that cost uhhh 11 bucks? Vons has everything from regular subs, to Pot Roast ones, to Focotta(sp?) to Panini's. The breakfast Panani with bacon and cheese and eggs is so delicious.

Ralphs subs are even bigger then Vons, and they have an insane about of bread choices. Also again any meat the deli offers. After eating from either supermarket, I don't think I could ever go to a Subway/Quiznos/Togo's every again.

 

[Miramonti]

Coming out of high school it was my goal in life to own a franchise. Fortunately I'm the kind of person that never reaches his goals.

 

[MrScott81]

Originally posted by: Twista
http://franchisepundit.com/index.php/2005/04/10/what-a-quiznos-franchisee-makes/

I read all the comments and im pretty surpised about it. I always wondered why a large sub cost me $7.49 @ quiznos. At subway the large sub is half of that price :/

I dare you to find me a 12" sub at subway for $3.75 (without the use of any coupons, since those can be had for both companies). Anyways, a large sub at Quiznos will fill you up a hell of a lot more than the large sandwich from Subway.

 

[mugs]

Originally posted by: QueBert
Quiznos doesn't put that much meat on a sandwich, not at least for the price. I use to eat there, but I discovered 2 places that kill them, both for value and selection.

I always get a BLT at both places. Subway puts 8 strips of bacon on a 12" sandwich. Quiznos uses small strips and covers both pieces of bread with bacon, then throws on some chopped up bacon on top of that. There is easily twice as much bacon on a Quiznos sandwich as there is on a Subway sandwich.

I could pay an extra $2 for double meat at Subway, but then I'm paying as much as I would at Quiznos.

 

[Twista]

Question: Does anyone receieve quizno coupons in the mail or print them out online or something? I never seen any coupons for this place :/ only subway.

 

[mugs]

Originally posted by: Twista
Question: Does anyone receieve quizno coupons in the mail or print them out online or something? I never seen any coupons for this place :/ only subway.

You can sign up for their mailing list, I think they have new coupons every month?

Edit:
http://www.quiznos.com/offers/

This month is free chips and small drink with regular or large sandwich.

 

[Zebo]

Too much work too much cost of capital too little profit IMO.. But the nice thing is when doors open you're pretty much guarnteed traffic and you can parlay into more stores once you've proven yourself eventually making you a very good living. 5-6 making $50K means 250K right? Quizinos concept is pretty slick but I think their prices are a bit high as well.

 

[CTrain]

That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

 

[pontifex]

Originally posted by: supafly
I haven't read the link yet, but anyway it takes like $10 worth of food from Subway (2 subs) to equal the amount of food you get in one $9 sub at Quiznos. I fail to see how Subway is so great. Cheap crappy old bread, next to zero meat or cheese.. no wonder they cost lest, DUR :roll:

you mean you get a lettuce sandwich too?
they pile on so much lettuce its ridiculous.

 

[Zebo]

Originally posted by: CptObvious
I don't know about the business side of things but personally I feel Quiznos has become overpriced for fast food. A regular sub, chips and drink can run you $9-10 around here.

I've never got out of Quiznos for less than $13. $13 for a sandwich and some sugar water? I can do the same at Jasons' Deli and they stack the meat over 2" on my Rubin.

 

[Phokus]

I'm assuming the food is provided by the company and it's a hella much cheaper than buying it yourself? If not, why not open your own deli?

 

[kranky]

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

Reading the link in the OP, it sounds as though Quizno's has a wholly-owned food distributor from where franchisees must buy their supplies, and the high Quizno's food cost actually works very well...for Quizno's. Not for the franchisees. They could be running their business very well at the cost of those who own the franchises.

 

[Zebo]

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

Did'nt you read how the franchisor is ripping off the franchisee in the comments?

" We have to sell Aquafina water purchased through pepsi for $10.00 a case. When the local grocery store sells it for $4.99."

Frankly this is the main reason I'd never open a franchise. You're at the mercy of whatever the franchisor decides to charge for your supplies and they are double dipping well past your royalty fees obviously. A case of that water at Costco is $3.99


You make your money in business buying not selling. If you can't even control the buying process and are relegated to one supplier you aint gonna get rich...fighting for scraps IMO.


http://franchisepundit.com/index.php/20...4/07/franchisees-another-horror-story/

 

[Amused]

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-29% average.

 

[ABErickson]

That's why some of the franchise owners often own a number of stores. Sure, one may only make you $40,000 / year, but what if you own 10?

 

[Amused]

Originally posted by: ABErickson
That's why some of the franchise owners often own a number of stores. Sure, one may only make you $40,000 / year, but what if you own 10?

One will make you 40K if you work it yourself, usually 60-80+ hours a week. You cannot work 10 stores yourself.

 

[PAB]

Originally posted by: Amused

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-19% average.

I'm right behind amused on this one. The industry as a whole averages 30% for COGS, alone.

 

[CTrain]

Originally posted by: Amused

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-29% average.

Sorry but 29% straight food cost is "way too high" especially in the nickel and dime business of quick service.

Considering straight food cost for McDonalds is ~22%(even factoring in $1 menu stuff).
If you take an average quick service restaurant grossing $1mil/yr...each 1% represent $10K, thats alot of money.

 

[Amused]

Originally posted by: CTrain

Originally posted by: Amused

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-29% average.

Sorry but 29% straight food cost is "way too high" especially in the nickel and dime business of quick service.

Considering straight food cost for McDonalds is ~22%(even factoring in $1 menu stuff).
If you take an average quick service restaurant grossing $1mil/yr...each 1% represent $10K, thats alot of money.

You obviously know nothing about Subway and Quiznos. Please produce one in-compliance Subway or Quiznos with an AVERAGE food cost lower than 27%.

You cannot.

 

[CTrain]

Originally posted by: Amused

Originally posted by: CTrain

Originally posted by: Amused

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-29% average.

Sorry but 29% straight food cost is "way too high" especially in the nickel and dime business of quick service.

Considering straight food cost for McDonalds is ~22%(even factoring in $1 menu stuff).
If you take an average quick service restaurant grossing $1mil/yr...each 1% represent $10K, thats alot of money.

You obviously know nothing about Subway and Quiznos. Please produce one in-compliance Subway or Quiznos with an AVERAGE food cost lower than 27%.

You cannot.

Obviously, you can't read.
I never said I knew anything about Subways or Quiznos.
I made a point that if Quiznos base food cost is indeed 29%, then they don't know how to profit in the quick service industry

What I did say is that McDonalds base food cost(which is around 22%) so thats a good 7% higher.
No wonder Quiznos can't make any money.

 

[CTrain]

Originally posted by: PAB

Originally posted by: Amused

Originally posted by: CTrain
That figures look a little off especially with the food cost.

First food cost is at 29%. That is way way too high for fast food.
When you add in the other components of food costs(spoilage, comp food, coupons(discount), food waste), the TOTAL is 32%.
You don't make money in fast food if your total food cost is 32%.

Just to compare, McDonalds TOTAL food cost is around 23%-25% and 25% is on the high side.
With these subs franchise, food should be much lower.
For example, everything is made to order right in front of you and there is much less chance to waste food and replacing wrong orders, etc....

I'm not saying those numbers are wrong but if they are indeed correct, then Quiznos do not know how to run their business.

29% straight food cost is not "way too high." It's a little high. 27% is an achievable average, though my goal is 25%. Add chemicals in there and our food cost is 28-19% average.

I'm right behind amused on this one. The industry as a whole averages 30% for COGS, alone.

Oh please shut your traps....so you went from a used car dealer to being an expert in the quick service industry now ??