QUIZNOS TO DEVELOP 600 NEW RESTAURANTS
LAS VEGAS — Last week at the annual ICSC RECon convention, Denver-based toasted sub pioneer Quiznos announced its plans to open 600 new corporate locations across the country. Currently located in all 50 states, Quiznos is seeking 1,200- to 1,600-square-foot locations with high daytime traffic. The rollout stands to create more than 7,500 jobs at the new restaurants.
During the announcement, Quiznos founder and CEO Rick Schaden said, “We are on a strong growth track at Quiznos, and we see the emerging economy as the ideal time to expand brand presence, grow market share and meet strong customer demand. Quiznos has the solid financial position to realize and accelerate tremendous growth, and we are anxious to engage with the best real estate partners as we posture Quiznos for new levels of success.”
In addition to its expansion plans, the sandwich shop is in the midst of a brand re-launch at its existing locations. To date, more than 1,100 restaurants have been renovated with an additional 2,000 expected in the next 12 months.
— Coleman Wood