They make shitty sandwiches (and small). Try Jersey Mikes - the real deal. I’m sure they’re doing great.
Importantly they are going Chapter 11, which is reorganization, not Chapter 7, which is liquidation.
From here there are two directions they could go. The first is that they can legitimately restructure their debt and continue operations. The other, however, is that their executives loot the company, and then when it is stripped to the bones, go Chapter 7, which rips off all their creditors and shareholders.
Given that Quiznos has been in a downward spiral for years, with other chains adopting their good idea of toasted sandwiches, and selling them at lower prices; and the state of the industry as a whole; it is likely that they are going to take the latter course.
While they might screw their franchisees, they might just cut them loose so they can join other franchise operations, or start their own business. They’ll probably screw them as well.
People don't have the money to purchase fast food.
Haven’t been in Quiznos for five years. THey kept me nourished on a cross-country drive back then, the only fast-food place I could get VEGGIES. They had a nice zucchini dish I ate from coast to coast. It’s not on their menu now. Perhaps they have financial trouble because they changed the menu to be more like everyone else.
Every time I think of Quiznos, I see that rat-like creature they shared with us in that memorable TV spot.
Yummmy.
After that horrid little creature in their commercials, I’m surprised it took them this long to close the doors.
Didn’t Quizno’s spend an incredible amount of money promoting the sale of franchises? Maybe without market research or strong enough quality assurance. Bet the management who sold the franchises isn’t in any bankruptcy trouble!
Definitely prefer Quiznos to Subway. Better subs, better salads.
Of course, none of these chains can hold a candle to the old Mom and Pop sub shops back East that I could get as a kid.
Or maybe that unfailingly surly treatment caused their bankruptcy. Chicken, meet egg.