Quiznos expanding into South America
September 15, 2010
by Bryan Salvage
DENVER – Quiznos announced plans to expand into Argentina, Chile and Ecuador as part of the company’s plans to expand internationally. Plans call for developing 30 locations in these countries.
The company awarded master-franchising rights for Argentina, Chile and Ecuador to QSR International, a quick-service holding company.
“The single-most important factor in the success of a new international market is an excellent local partner,” said Lee Vala, Quiznos International chief development officer. “In the past, Quiznos has generally enjoyed success in Central and South America and we are eager to try to replicate that success in these new markets. We are pleased to collaborate with QSR International and grow with master franchisees who are as passionate about the brand as we are.”
Argentina, Chile and Ecuador join Quiznos current portfolio of nine countries and territories in Central and South America. Its restaurants in this region have generally been among the company’s more successful locations in the world in the past.