My college experience had a lot of ups and downs. Most of them due to the fact that I didn’t know and had to figure out how to financially support myself. However, one of the best things about college was visiting my favorite chain sandwich spot Quizno’s. Fast forward 11 years later and I now live around the corner from one of the last Quizno’s locations. So recently I found myself down a rabbit hole trying to find out what happened any why so many restaurants have closed over the years. The story is actually pretty sad. Apparently, the first restaurant was started in Denver (used to live there too) and then it grew and became a franchise opportunity. At the time, there was a unique take on the market because the sandwiches are toasted. It was something that had not been done before. This was also combined with sandwiches that bordered more on the gourmet side. They had it on lock for a good minute. However, apparently no one has a monopoly on a toaster and once Subway started offering toasted sandwiches without an extra cost and those infamous “5 dollar footlong” commercials. The financial troubles continued with the company going into massive amounts of debts and having a slew of unhappy franchise owners who were barely able to turn a profit. Apparently, the ingredients for the sandwiches were more expensive than most and the Quizno’s parent company also had a contract with the food company so they profited from selling franchise locations the equipment and ingredients. All this came to a dreadful head when a franchise owner decided to (very tragically) take his life due to his financial situation and the fact that the company allowed another franchise to open up close to his existing store. A recipe for failure. The company continued to tank and hundreds of stores started to close because the franchise owners couldn’t become profitable. Fast forward to the present where Quiznos is hanging on by a thread and most stores have closed. They needed a different strategy and unfortunately it was too late to pivot. So the next time you eat a toasted sandwich, think of the chain that made it happen.