Sterling College Quiznos Franchise Closing
Sterling College announces today that it will close the Sterling College Quiznos franchise on August 5, 2011. After careful consideration, the College has deemed it best to close the franchise after determining that it is no longer a viable business venture of benefit to both the students and the College.
A new franchise will soon be opening in the space currently occupied by Quiznos.
Sterling College’s Quiznos franchise is not the only Quiznos franchise that has suffered from a struggling franchise model, one which has experienced the loss of 1500 stores nationwide in the wake of the economic downturn of recent years. According to a July 9, 2011 article in the Wall Street Journal, Quiznos has hired restructuring advisors to help rework its finances in an effort to avoid default.
For more information, contact Karin Swihart at 620-278-4213.
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