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Quiznos

Private Company Ticker Symbol™: (QUIZP)

Business Summary

QIP Holder, LLC owns and operates the Quiznos chain of fast casual restaurants in the United States and over 40 other countries around the world. Quiznos offerings include toasted sub sandwiches, salads, soups, and breakfast sandwiches. Quiznos also provides catering services.

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Overview & Corporate Organization

Basic Information

Year Founded:1981
Fiscal Year End:09/30
1YR Revenue Growth Rate:View %
3YR Revenue Growth Rate (CAGR):View %
City:Denver
State/Province:Colorado
Country:United States
Phone:View
Website:www.quiznos.com
Twitter:http://www.twitter.com/http://twitter.com/#!/Quiznos
LinkedIn:http://www.linkedin.com/company/quiznos
Facebook:http://www.facebook.com/Quiznos

Corporate Organization

Parent Companies:
QIP Holder, LLC
Founders:
Richard Schaden

Industry Information

Industry Codes

PICS™:800706
NAICS:View
SIC:View

PrivCo Industries (Sector > Industry > Sub-Industry)

Hospitality & Leisure > Restaurants > Fast-Food Restaurants

The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.

Competitors & Comparables

Competitors

Subway Restaurants

Charts, Financials, and Statistics (Table Format)

Below are Quiznos financials and other business metrics displayed in table format.
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Income Statement2011201020092008
RevenuesViewViewViewView
Selling, General & Administrative ExpensesViewViewViewView
Total Operating ExpensesViewView View
Operating Income (Loss)ViewViewViewView
Interest IncomeViewViewViewView
Interest ExpenseViewViewViewView
Net Interest IncomeViewViewViewView
Income Before Income Taxes (Loss)ViewViewViewView
Provision for Income TaxesViewViewViewView
Net Income (Loss)ViewViewViewView
Service ExpenseViewViewViewView
Amortization of Investment in Area Marketing AgreementsViewViewViewView
Commissions ExpenseViewViewViewView
Litigation Settlement ChargesView   
Amortization of Intangible Assets   View
Balance Sheet201120102009
Current AssetsViewViewView
Cash and Cash EquivalentsViewViewView
Accounts ReceivableViewViewView
Long Term InvestmentsViewViewView
Intangible AssetsViewViewView
Total AssetsViewViewView
Current LiabilitiesViewViewView
Accounts PayableViewViewView
Current Portion of Long Term DebtViewViewView
Long Term DebtViewViewView
DepositsViewViewView
Total LiabilitiesViewViewView
Stockholders EquityViewViewView
Deferred Franchise CostsViewViewView
Restricted CashViewViewView
Accrued LiabilitiesViewViewView
Deferred Initial Franchise FeesViewViewView
Current Portion of Deferred RevenuesViewViewView
Deferred RevenueViewViewView
Cash Flow Statement2011201020092008
Cash Flow From Operating ActivitiesViewViewViewView
Cash Flow From Investing ActivitiesViewViewViewView
Purchase of InvestmentsViewViewViewView
Cash Flow From Financing ActivitiesViewViewViewView
Increase in Debt (Decrease)ViewViewViewView
Income Taxes PaidViewViewViewView
Cash Interest ExpenseViewViewViewView
Total Cash Flow (Net Change in Cash)ViewViewViewView
Cash & Cash Equivalents End of YearViewViewViewView
Cash & Cash Equivalents Beginning of YearViewViewViewView
Distributions to MembersViewViewViewView
Revenues Breakdown2011201020092008
Royalty FeesViewViewViewView
Initial Franchise FeesViewViewViewView
Product License FeesViewViewViewView
Other RevenueViewViewViewView
Notes
Financial Notes:
*Quiznos fiscal year end: 09/30
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Charts, Financials, and Statistics (Graphs)

Below are Quiznos financials and other business metrics displayed in table format.
(Copy and paste into spreadsheet or export all Quiznos financials to Excel and create your own graphs.)
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Quiznos Revenues ($ MM):
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Quiznos Selling, General & Administrative Expenses ($ MM):
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Quiznos Total Operating Expenses ($ MM):
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Quiznos Operating Income (Loss) ($ MM):
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Quiznos Interest Income ($ MM):
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Quiznos Interest Expense ($):
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Quiznos Net Interest Income ($ MM):
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Quiznos Income Before Income Taxes (Loss) ($ MM):
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Quiznos Provision for Income Taxes ($):
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Quiznos Net Income (Loss) ($ MM):
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Quiznos Service Expense ($ MM):
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Quiznos Amortization of Investment in Area Marketing Agreements ($ MM):
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Quiznos Commissions Expense ($ MM):
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Quiznos Current Assets ($ MM):
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Quiznos Cash and Cash Equivalents ($ MM):
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Quiznos Accounts Receivable ($ MM):
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Quiznos Long Term Investments ($ MM):
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Quiznos Intangible Assets ($ MM):
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Quiznos Total Assets ($ MM):
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Quiznos Current Liabilities ($ MM):
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Quiznos Accounts Payable ($ MM):
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Quiznos Current Portion of Long Term Debt ($ MM):
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Quiznos Long Term Debt ($ MM):
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Quiznos Deposits ($):
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Quiznos Total Liabilities ($ MM):
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Quiznos Stockholders Equity ($ MM):
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Quiznos Deferred Franchise Costs ($ MM):
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Quiznos Restricted Cash ($):
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Quiznos Accrued Liabilities ($ MM):
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Quiznos Deferred Initial Franchise Fees ($ MM):
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Quiznos Current Portion of Deferred Revenues ($):
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Quiznos Deferred Revenue ($):
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Quiznos Cash Flow From Operating Activities ($ MM):
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Quiznos Cash Flow From Investing Activities ($ MM):
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Quiznos Purchase of Investments ($ MM):
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Quiznos Cash Flow From Financing Activities ($ MM):
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Quiznos Increase in Debt (Decrease) ($ MM):
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Quiznos Income Taxes Paid ($):
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Quiznos Cash Interest Expense ($):
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Quiznos Total Cash Flow (Net Change in Cash) ($ MM):
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Quiznos Cash & Cash Equivalents End of Year ($ MM):
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Quiznos Cash & Cash Equivalents Beginning of Year ($ MM):
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Quiznos Distributions to Members ($ MM):
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Quiznos Royalty Fees ($ MM):
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Quiznos Initial Franchise Fees ($ MM):
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Quiznos Product License Fees ($ MM):
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Quiznos Other Revenue ($ MM):
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Detailed Business Description: Quiznos

PrivCo's Detailed Business Description explains the business operations, products and services, financial structure, and major business milestones of Quiznos. The first portion of PrivCo's Detailed Business Description is displayed below, free to view to non-subscribers.
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Executive Summary

  • Quiznos has established a strong brand associated with high quality and healthy fast food.
  • After reaching a peak of 5,100 locations in 2008, open locations have dropped to 3,500 globally as a result of slow sales and poor relationships between Quiznos and franchise owners.
  • As a result of a legal settlement in 2010, Quiznos is liable for payments and debt forgiveness of $206 million to current and former franchise owners. However, this settlement also paves the way for resolution of contentious issues between Quiznos and franchisees.
  • With a recent debt restructuring, Quiznos has an improved financial condition allowing it to focus on its plans for significant expansion domestically and internationally in growing markets such as Brazil and India. Quiznos plans to open 80 to 100 domestic locations in 2012 and 400 locations internationally by 2020.

Business Model

Revenue Streams

Quiznos’ primary sources of revenues are commissions, royalty fees, and… Continue Reading →

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Supplemental Resources

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