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Saturday, March 01, 2014

Quiznos Preparing To File Bankruptcy Protection

Sandwich chain Quiznos is preparing to file for bankruptcy-court protection within weeks as it contends with unhappy franchisees and a $570 million debt load, according to people with direct knowledge of the matter.

Quiznos has been negotiating with creditors for weeks on a restructuring plan that would streamline its trip through bankruptcy court, these people said, but a deal hasn't yet been reached.

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4 comments:

  1. AnonymousMarch 1, 2014 at 5:56 PM

    Our 2 local Quiznos leave a lot to be desired.Salisbury is a sub and pizza town.Anyone who sets up shop here better have a really good product or stay out.I can't speak for any Quiznos other than the local ones.

    ReplyDelete
  2. AnonymousMarch 1, 2014 at 7:27 PM

    I eat at chipotle. have not been to quiznos in years, was not aware they were still open.

    ReplyDelete
  3. AnonymousMarch 1, 2014 at 8:20 PM

    I thought there was only one now.

    ReplyDelete
  4. AnonymousMarch 2, 2014 at 2:54 AM

    They are expensive! Go to Subway or any other sub shop and pay $2.00 cheaper.

    ReplyDelete

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