With financial turmoil, potential ownership change Quiznos Franchisee Association look to chain’s future
The new Quiznos Franchisee Association, or QZFA, was officially founded this week with the goal of giving operators of the sandwich chain a voice, as Quiznos looks to a pending change in ownership, restructured finances and a rebranding effort. Quiznos officials confirmed Wednesday that the chain will likely see new ownership soon, but did not give details on its future. Through a spokesman, the chain said it has been seeking a debt-for-equity swap. Franchisees that spoke with Nation’s ...
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