Quiznos

QIP Holder LLC
Company type	Private
Industry	Restaurants
Founded	1981
Headquarters	Denver, Colorado
Key people	Stuart K. Mathis (CEO); Susan Lintonsmith (CMO); Jim Lyons (COO); Rick E. Schaden, former CEO; Kenneth Cutshaw (President of International)
Products	Submarine sandwiches; Salads; Others
Revenue	$130 million USD (2004)
Website	www.quiznos.com

QIP Holder LLC, business known as Quiznos, is a fast food restaurant brand. Quiznos is known for their toasted subs. The restaurant was created by company founder Jimmy Lambatos in 1982. The headquarters for Quiznos is in Denver, Colorado. Behind Subway, it is the second-largest submarine sandwich shop chain in North America.^[1]

In February 2014, the Wall Street Journal wrote that the company was preparing to file for Bankruptcy debt protection because the company had $570 million of debt.^[2] In March 2014, the restaurant brand filed for Chapter 11 Bankruptcy. They said that they would still continue operating while it restructured its debt and made operational improvements.^[3]

References

↑ "Crisis Quickens at Quiznos". The Wall Street Journal. Archived from the original on 2013-12-14. Retrieved 2014-03-10.
↑ "Quiznos Moves Toward Bankruptcy Filing". The Wall Street Journal. 27 February 2014. Retrieved 2014-03-10.
↑ "Quizno's files for bankruptcy, but you can still get a toasted sub". Los Angeles Times. 17 March 2014. Retrieved 2014-03-17.

Other websites

Official website

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[1] "Crisis Quickens at Quiznos". The Wall Street Journal. Archived from the original on 2013-12-14. Retrieved 2014-03-10.

[2] "Quiznos Moves Toward Bankruptcy Filing". The Wall Street Journal. 27 February 2014. Retrieved 2014-03-10.

[3] "Quizno's files for bankruptcy, but you can still get a toasted sub". Los Angeles Times. 17 March 2014. Retrieved 2014-03-17.

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