Quiznos is a dying breed?

[giantpinkbunnyhead]

Originally posted by: Amused
You will not earn much of a living from one franchised fast food store unless you work it full time. And even then, it's not much of a living until the store is fully paid off and you own the building.

We have a saying for people who buy their first franchise: "Congrats! You just bought yourself a low paying job!"

One doesn't even hire a store manager until they have at the very least, two stores. We didn't until we had three.

Yup... the subway I managed was one of 14 in Anchorage, all owned by the same guy. Two of the stores here in town used to be in the top 10 as far as earnings go, and even still the guy ain't exactly rich. Comfortable, maybe. But that's with 14 stores.

 

[Eli]

Originally posted by: giantpinkbunnyhead

Originally posted by: Amused
You will not earn much of a living from one franchised fast food store unless you work it full time. And even then, it's not much of a living until the store is fully paid off and you own the building.

We have a saying for people who buy their first franchise: "Congrats! You just bought yourself a low paying job!"

One doesn't even hire a store manager until they have at the very least, two stores. We didn't until we had three.

Yup... the subway I managed was one of 14 in Anchorage, all owned by the same guy. Two of the stores here in town used to be in the top 10 as far as earnings go, and even still the guy ain't exactly rich. Comfortable, maybe. But that's with 14 stores.

Damn.

 

[Amused]

Originally posted by: Phokus


Agreed , i'm an olive lover as well and the Subways near my home puts only a few olives on and asking for EXTRA olives costs you 50 cents extra! The one near my work will heap piles upon piles of olives whenever i asked for extra olives. I bet they call me the 'olive guy' behind my back because i go there so often and asked for the same thing every time

The store that is charging for extra olives is breaking the rules and can get in trouble for it. Write a complaint about the store policy at Subway.com.

BTW, it is formula to put 3 olives on a 6 inch and 6 on a footlong. So when a store does this by default they aren't being cheap. That's the standard. Olives are the single most expensive topping they serve by a huge margin. So even though they are not allowed to charge, most honest stores will simply limit how many they can put on. We wont allow more than a handful per 6 inch sub.

 

[Amused]

Originally posted by: giantpinkbunnyhead

Originally posted by: Amused
You will not earn much of a living from one franchised fast food store unless you work it full time. And even then, it's not much of a living until the store is fully paid off and you own the building.

We have a saying for people who buy their first franchise: "Congrats! You just bought yourself a low paying job!"

One doesn't even hire a store manager until they have at the very least, two stores. We didn't until we had three.

Yup... the subway I managed was one of 14 in Anchorage, all owned by the same guy. Two of the stores here in town used to be in the top 10 as far as earnings go, and even still the guy ain't exactly rich. Comfortable, maybe. But that's with 14 stores.

The real money is in capital. And earnings go way up when your stores are paid off. Even higher is you own the property they sit on.

 

[rsd]

Originally posted by: Amused

Originally posted by: giantpinkbunnyhead

Originally posted by: Amused
You will not earn much of a living from one franchised fast food store unless you work it full time. And even then, it's not much of a living until the store is fully paid off and you own the building.

We have a saying for people who buy their first franchise: "Congrats! You just bought yourself a low paying job!"

One doesn't even hire a store manager until they have at the very least, two stores. We didn't until we had three.

Yup... the subway I managed was one of 14 in Anchorage, all owned by the same guy. Two of the stores here in town used to be in the top 10 as far as earnings go, and even still the guy ain't exactly rich. Comfortable, maybe. But that's with 14 stores.

The real money is in capital. And earnings go way up when your stores are paid off. Even higher is you own the property they sit on.

Those statements seem pretty obvious to me. It is like saying you will make more money when you have less expenses :roll:

Doesn't help that Joe Schmo who just is starting a franchise.

 

[Amused]

Originally posted by: rsd

Originally posted by: Amused

Originally posted by: giantpinkbunnyhead

Originally posted by: Amused
You will not earn much of a living from one franchised fast food store unless you work it full time. And even then, it's not much of a living until the store is fully paid off and you own the building.

We have a saying for people who buy their first franchise: "Congrats! You just bought yourself a low paying job!"

One doesn't even hire a store manager until they have at the very least, two stores. We didn't until we had three.

Yup... the subway I managed was one of 14 in Anchorage, all owned by the same guy. Two of the stores here in town used to be in the top 10 as far as earnings go, and even still the guy ain't exactly rich. Comfortable, maybe. But that's with 14 stores.

The real money is in capital. And earnings go way up when your stores are paid off. Even higher is you own the property they sit on.

Those statements seem pretty obvious to me. It is like saying you will make more money when you have less expenses :roll:

Doesn't help that Joe Schmo who just is starting a franchise.

Most people don't understand how tight the profit margins are at a franchise. They ignorantly assume the owner is rich and making money hand over fist.

I was merely pointing out that fact. You can roll your eyes all day long, but that doesn't mean people are not ignorant to these simple facts.

 

[mrSHEiK124]

Originally posted by: giantpinkbunnyhead
Those figures closely mirror Subway's numbers as well, and I wager most franchised eateries are not far off. I think the money comes in when a savvy owner has multiple restaurants; but yeah... nobody ever retires on just one franchise restaurant, and many do lose money.

But Quiznos.... I'd rather pay 8.00 for their food than 4.00 for Subway's equivalent. Quizno's is damn good.

Exactly. In the event that what Subway sells can even be called food, I'll still go buy Quizno's, IMO, nothing beats a nice Black Angus sub at Quizno's after a day of classes, save for maybe some of mom's cooking

 

[Miramonti]

Great to see information like this come out about a top franchiser.

Lets them toast in hell!

 

[RedArmy]

Our one and only Quizno's just closed in our area. They tried lowering prices to bring more people in...but that was what led to their downfall. I loved going in there and getting free food too (another reason they probably closed)

 

[doze]

Quiznos is a little bit more than subway, but you get what you pay for. A large subway sandwich is skimpy on the meat. Lately I've been going to Jersey Mikes. They slice the meat as they make the sandwich so it's always good and loaded up.

 

[imported_KuJaX]

Originally posted by: tweakmm
No one gets rich off one franchise restaurant.

ding ding ding

It is all about diversifying in my opinion. IF you wanted to stick with one franchise (such as Quiznos only) then you could open up 5 shops in different parts of the state, run them all by one general manager (saves money) and then you can times everything by in theory... 5.

Although some stores will do better than others, so it all averages out in the end. I don't know many people that own one single franchise that finds it worth all of the headaches it causes.

 

[Twista]

;[ The guy guessimated (cut) my sammich alittle smaller than a large. Oh well, its still good :/ $7.53 this time.

 

[DrPizza]

A new quizznos opened in the city I grew up in... They're hurting for business, because quite frankly, they're over-rated. There are too many mom&pop shops that make much much better subs. Plus, their employees are slower than molasses in January... they blundered when they opened - their subs are more expensive than everywhere else, their drinks or whatever else to get with the subs are wayyyyy over-priced, and it takes forever to make a sub. Thus, the typical lunch crowd that flocked there to try them out rapidly decided it's not worth it - people with a 1/2 hour lunch couldn't eat there at all, and people with a 1 hour lunch break were rushed. It carried over to their dinner time business.

 

[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.

 

[doze]

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.

... says Captain Obvious

 

[bobdelt]

The article forgot about all kinds of tax.

 

[Drakkon]

I'm still not seeing WHY quiznos, who essitially has the same food as subway, still needs to charge 2-3$ more per sandwhich. cause they are 'toasted'? I mean their material costs are prettymuch the exact same. subway just uses a smaller toaster. Subway is buying in so much more bulk they can charge less? I dont see how that works out cause my local sandwhich guy who uses boars head meat/cheese can charge at least a $1 less than quiznos and he still runs his business happily.
i didnt find their (quiznos) food that much better than subway after trying it out for the first time a couple weeks ago. I could have the guys at subway fix me the EXACT same sammich for $3-4 less that to me would taste just as good after going in the toaster and using the right combo of dressings/vegis.

 

[Amused]

Originally posted by: Drakkon
I'm still not seeing WHY quiznos, who essitially has the same food as subway, still needs to charge 2-3$ more per sandwhich. cause they are 'toasted'? I mean their material costs are prettymuch the exact same. subway just uses a smaller toaster. Subway is buying in so much more bulk they can charge less? I dont see how that works out cause my local sandwhich guy who uses boars head meat/cheese can charge at least a $1 less than quiznos and he still runs his business happily.
i didnt find their (quiznos) food that much better than subway after trying it out for the first time a couple weeks ago. I could have the guys at subway fix me the EXACT same sammich for $3-4 less that to me would taste just as good after going in the toaster and using the right combo of dressings/vegis.

Quiznos uses more meat per sandwich. About 20% more.

You can get the same at Subway if you order extra meat... which costs... get this ... $2 more per footlong.

Do you see WHY now?

 

[Suspicious-Teach8788]

People who go to Quiznos should realize that when you're buying a footlong sub, you can use coupons like buy 1 get 1 free. Sure it's expensive, but the coupons are always around. My roommates last year would buy QUiznos together, and you would see them come back with 2 footlongs. They did it like once a week at least, and it's a good deal.

Second of all, QUiznos + toasted = winnar. Subway just tried to bite off by putting it into the microwave oven. Point is Quiznos tastes BETTER.

 

[Amused]

Originally posted by: DLeRium
People who go to Quiznos should realize that when you're buying a footlong sub, you can use coupons like buy 1 get 1 free. Sure it's expensive, but the coupons are always around. My roommates last year would buy QUiznos together, and you would see them come back with 2 footlongs. They did it like once a week at least, and it's a good deal.

Second of all, QUiznos + toasted = winnar. Subway just tried to bite off by putting it into the microwave oven. Point is Quiznos tastes BETTER.

All Subways have a toaster oven now.

 

[CTho9305]

A large at quiznos is a LOT more food than a footlong at Subway. You have to compare a regular Quiznos ($5.79, IIRC) to a Subway footlong.

 

[JBT]

Originally posted by: Art Vandelay
Quiznos and Subway both suck. Mom 'n pop Italian Deli FTW.

agreed. I NEVER eat at Quiznos. They are way over priced. Subway occasionally but again rarely. If I want a snadwhich I go to a local resturant.

 

[MazerRackham]

I don't eat at quizzno's because I don't like the taste of their sandwiches, nothing to do with price. But then again I don't like Subway either.

When I want a sandwich I go to a real deli!

 

[ElFenix]

Originally posted by: Twista

Originally posted by: ElFenix

Originally posted by: EyeMWing
So you get two 6" Daily Specials for $2.49 each (not sure if ALL Subways run this promo, but all of them around here do, and that spans multiple franchise owners)

well if that is the case, then i can whip out the fact that quizno's sends out $2 off coupons all the time, and then their large subs are $5. and it isn't limited to the flavor of the day.

In the link they said the coupons only robs the store owner. I mean its good for us, but it sucks for the people who owns that store.

while that may or may not be the case, it doesn't really matter to the issue of whether quizno's is overpriced compared to subway.

 

[JS80]

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