beginnings
how I got started | Basically, I started calling around
franchises, looking for something to do on my own. Here's how it works;
you pay them an initial franchise fee to become a Quiznos owner, at the
time, it cost 25,000 dollars to buy the initial franchise fee. After
that, the new franchise owner works with Quiznos Sub's dedicated real
estate agents to help find you a location. Then, you work with
architects that Quiznos Sub's (corporate) refers you to, to get the
store set up. In addition, you go through a training period, one month
working at Quiznos Sub store and then to Quiznos headquarters in Denver,
Colorado. The training portion is called Quiznos University. The
hardest part was figuring out what franchise to go with and then, the
waiting. For me there was a lot of waiting, it takes about a year and
half, full cycle to open a store. Also you have to buy all the food from
Quiznos Sub you can't go out on your own and create a special or
something, that's the hard part of being a franchise owner. You have to
tow the company line. Also, every week I pay a 7 percent franchise
royalty fee and 4 percent national advertising fee, so it's important to
do the accounting on a daily basis so that I can manage the store and
the inventory.
inspiration
why this job?| I wanted to work for myself. I wake up everyday
and it's a totally different feeling than working for a corporation, you
feel an enormous amount of energy because you are doing something you
are proud of and something you enjoy. I now have control over my work
and get something out of it everyday, whether it is making an employee
or customer happy. I don't feel like there is a Sunday night anymore,
and that's great! You work a lot but it doesn't feel like work.
love
why I love this job!| I love customer service. I love having control over my day.
I love having the ability not to ask permission every second of your day, I can come and go as I please.
work
my typical day| I get there at 9 am, and go over the paperwork
from the night before. I create employee schedules, make bank deposits,
prepare reports, and order the food. And during the busy lunch hour, I
jump behind the counter and make sandwiches too.
challenges
what they are | The challenges, well, you are the only one that
really cares about the store. The employees care somewhat, but it's a
high turnover rate. You have employees that come and go. Also, once you
are in the franchise, keeping up with the franchise is hard, they make a
lot of changes and have new promotions that I don't always agree with
but you don't carry a lot of weight, you're locked in a national
decision. You can't just create your own specials. You have to buy
their food, and their products, you get locked in to this strange world.
They have a lot of control over general stuff.
upside
all about growth | I wouldn't say there is a ladder to climb
although I have noticed that some former Quiznos Sub franchise owners
now work at corporate. I think you would have to open multiple stores to
make really good money, but I make a decent living here. Hopefully
next year, my sales will increase another 5 or 10 percent. Location is
important, my rent is higher than if I were somewhere else, but it's
worth the rent because I get a lot of foot traffic into my store.
More Info
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