Quiznos
Second largest chain
of sub restaurants.
Headquarters:
1001 17th St., Suite 200
Denver, CO 80202
Employees: 8,000
CEO: Greg MacDonald
Privately held
Website:
http://www.quiznos.com
Career
Site
Quiznos is the second-largest subway chain in the U.S. behind Subway with more than 4,000 locations in the U.S., Puerto Rico, Guam and 15 foreign countries.
Quiznos is best known for its all-toasted subs made fresh to order with 23 different varieties.
All subs are made on fresh, proprietary breads. The restaurants also sell soups, salads, beverages and breakfast.
The chain has recently introduced a lineup of sandwiches ranging from $3 to $5 including Bullets, Torpedoes and Sammies.
The company has been hurt by the recession and competition from other restaurants with a reported 1,000 locations closing in the last three years. The company also has laid off about 140 workers at headquarters and regional positions at the end of 2010.
History
The first Quiznos Sub restaurant opened
at 13th and Grant in Denver's Capitol Hill neighborhood in 1981.
Rick Schaden overheard a customer say "This is the best
sandwich I ever ate!" just before he bought his first franchise
in Boulder, CO in 1987. Over the next few years, he purchased
two more franchises.
In 1991, he and his father, prominent aviation
attorney Dick Schaden of Boulder, bought the franchise operation,
which consisted of 18 restaurants.
By 2000, Quiznos opened its 1,000th restaurant.
In May 2006, Cervantes Capital sold part
of its ownership in Quiznos to J.P. Morgan Partners, a private
equity division of JPMorgan Chase & Co., in order to take
the company to the next level. CCMP Capital Advisors, LLC, a
private equity firm formed by the former buyout/growth equity
professionals of J.P. Morgan Partners, manages the investment
for J.P. Morgan Partners. Cervantes Capital, J.P. Morgan Partners
and TurnWorks, Inc. now all have equity positions in the Company.
Benefits
Medical Options
Choose from HMO, PPO, and POS plans (depending upon location)
Dental Options - Choice of HMO or PPO
Vision - Insurance and discounts available
Reimbursement Accounts - Pre-tax dollars for your family's
needs
401(k) Plan
- Matching savings plans available
Life Insurance - Protection for you and your family
Vacation, Sick Time and Paid Holidays - Time off with
pay and six paid holidays per year
Disability Coverage - Short and long term coverage available
Updated January 13, 2011
Colorado
Job Source
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