Log In / Register | Feb 8, 2012

NYC Quiznos Owners Say National Value Prices Hurt Them

HEARD ON THE STREET - There are angry rumblings from New York City Quiznos franchise owners, according to one franchise mole.  The anger is over menu and pricing decisions by the head office that are causing customers to migrate to less profitable items.

Here's what our mole has to report.

In NYC, the Quiznos franchisor has decided to take some items off the menu since the menu was looking too cluttered now that they have calorie counts.

So instead of three sizes, there are only two.

Customers, who used to heavily choose the medium size, are now just going with the large size and skipping the drinks, which is where franchisees were making their money.

And on a related note: the Quizno's franchisees are mad about their franchisor's decision to compete with Subway based on price... especially since Subway's cost of goods is significantly lower.

The Quizno's folks are saying the $5 price matching is causing significant operating losses.

Here in NYC one of the profitable Quizno's locations just sold for over $1M, and the consensus is that the seller got out at the right time and the buyer, an immigrant with more dollars than sense, is in for a rough time.