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What's the deal with all the Quiznos franchises for $12,500 down? What's the catch?

Can someone please explain the sea of Quiznos franchises for sale obviously from the same seller? Are they currently owned by the Corp and they want to sell them to new franchisees? Will the new buyer get their own "area" to cultivate??? I'm new to this, and would appreciate any information.

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Monmouth County, NJ

Hey Mike:

Well, I have been researching businesses to buy for the past 3 months or so. I also was initially intrigued by the Quiznos resale pricing and after researching and speaking to a few people I was quickly steered away from this Franchise. It's tough to be profitable when having to sell main products at a loss unless you succeed at the upsale ( i.e. "here's your 4.99 sub, WOULD YOU LIKE A SODA WITH THAT OR DESSERT?"). I have read about so many horror stories with franchisees losing their entire investments. Supposedly management at headquarters is just terrible. I have a friend who was also looking into this franchise and apparently he had found out that this franchise unfortunately had a very high owner suicide rate. He ended buying a franchise in a completely differenet industry and infact he bought two resales at very good prices and is working on growing his business. So far so good.

Just my humble opinion.... AVOID !!

Sep 24, 2009