Quiznos Launches Microloan Initiative to Expand Opportunities for Franchise Owners

Quiznos` Microloan Initiative to Help Successful Franchisees Expand in Current
Economy
DENVER--(Business Wire)--
Quiznos, one of the nation`s premier quick service restaurant chains and pioneer
of the toasted sandwich, today announced a microloan initiative established to
provide funding for current franchise owners seeking to expand their involvement
with the brand. The initiative is designed to help mitigate the effects of a
difficult lending environment.

The microloans are available to existing owners with a strong operational
history and are intended to be used for the acquisition of new high-quality
sites and the re-opening of existing Quiznos sites.

"We see this microloan initiative as an excellent way to invest in our franchise
owners," said Rick Schaden, Quiznos founder and CEO. "We know these sites have
tremendous potential under the right ownership, and we look forward to helping
good owners realize greater profitability and overcome the obstacle of the
current credit market by providing the necessary capital."

Quiznos` microloans will vary according to individual circumstance. Based on the
success of Quiznos` first microloan in February of this year, six additional
franchise owners nationwide are in the process of securing microloans from
Quiznos and many more are under consideration.

Martin Dang, a franchise owner who currently operates a Quiznos location in
Boulder, Colo., plans to reinvigorate two additional Colorado locations in
Westminster and Louisville by the end of the month with the assistance of the
microloan initiative. The microloan will be used to replace and update equipment
in the newly-acquired sites.

"With this microloan program, Quiznos is demonstrating they understand the
impact of the economic situation and are willing to support their franchise
owners," said Dang. "Quiznos truly wants its franchise owners to be successful
and they recognize when we succeed, they succeed."

The microloan initiative is another of Quiznos` innovative techniques, along
with its lease renegotiation program launched earlier this year, meant to help
curb the impact of the challenging economic environment and provide
opportunities for greater franchise owner profitability.

About Quiznos

Celebrating its 27th anniversary, Denver-based Quiznos is a national chain
designed for today's busy consumers who are looking for a tasty, freshly
prepared alternative to traditional fast food restaurants. Using only premium
quality ingredients, Quiznos restaurants offer creative, chef-inspired recipes
for sandwiches, soups and salads. With more than 5,000 franchise restaurants,
Quiznos is one of the fastest growing quick service restaurant chains.

In October 2007, Quiznos was recognized for leading the QSR industry in wait
time performance by the Mystery Shopping Providers Association's (MSPA) 2007
Wait Time Study. In May 2007, Zagat's consumer surveys listed Quiznos in the top
5 for Top Food, Top Facilities, Top Service and Top Overall, ahead of its direct
competitors. In June 2006, Nation's Restaurant News ranked Quiznos in its Top
100 Restaurant Chains as the #1 restaurant chain in growth in number of
units--five years in a row. Entrepreneur magazine in January, 2006 ranked
Quiznos in its annual Top Franchise 500 as the #2 Best Overall Franchise and QSR
magazine ranked the chain in its Top 50 Chains in August, 2005 as #3 by change
in system-wide sales.

For further information, please visit www.quiznos.com

Media
Coltrin and Associates
Allison Riley, 212-221-1616
allison_riley@coltrin.com

Copyright Business Wire 2009