As news of Quiznos’ financial restructuring efforts hit the street this week, franchisees reacted with a mix of fear and steely resolve, some saying they hoped the process would fix what they see as a broken business model. On Monday and Tuesday, Quiznos’ top executives reached out to franchisees with a conference call, sources on the call told Nation’s Restaurant News, to reassure the chain’s operators that a planned restructuring of finances would not impact ...

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