SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
________________________________
Current Report
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
October 25, 1996
________________________________
THE QUIZNO'S CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 000-23174 84-1169286
(State of Incorporation)(Commission File No.) (I.R.S. Employer
Identification No.)
7555 East Hampden Ave.
Suite 601
Denver, Colorado 80231
(Address of principal executive offices)
(303) 368-9424
(Registrant's telephone number, including area code)
ITEM 5. Other event
Press release regarding opening mall locations in 1996.
Reg. S-K
Exhibit No. Description Item No.
*99.1 Press release 99
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
THE QUIZNO'S CORPORATION
Date: October 28, 1996 By: /s/ Richard E. Schaden
Richard E. Schaden, President and Chief
Executive Officer
EXHIBIT INDEX
Exhibit No. Description Page
*99.1 Press release 1
THE QUIZNO'S CORPORATION LETTERHEAD
FOR RELEASE AT 6 AM, MDT ON OCTOBER 25,1996
QUIZNO'S CLASSIC SUBS OPENS SIXTH MALL LOCATION IN '96;
EXPECTS TO HAVE 14 MALL UNITS OPEN BY YEAR END
DENVER, Colo. -- The QUIZNO'S Corporation (Nasdaq: QUIZ) today
announced the opening of a QUIZNO'S Classic Subs restaurant in the
new SouthPark Center mall located in the Cleveland suburb of
Strongsville. The quick-service, Italian-style deli franchisor
expects to have a total of 14 QUIZNO'S restaurants opening mall
locations by the end of this year.
"We're very excited about our expansion in malls across the country,"
said Richard F. Schaden, QUIZNO'S president and CEO. "Mall
developers have been impressed with the upscale image and quality of
our QUIZNO'S product_that's why we're finding they're looking to
QUIZNO'S to fill their niche for a strong sub sandwich concept. In
addition, we're seeing higher volumes from our mall units than our
street-based QUIZNO'S units."
The new SouthPark Center QUIZNO'S, the second unit to open in
Cleveland in 1996, fills the need for a quality deli concept at the
1.3 million-square-foot, two-level regional mall, the first suburban
mall built in Cleveland since the 1970s. Two more QUIZNO'S
restaurants are scheduled to open in the Cleveland area within the
next six to eight weeks.
Additional food court locations are expected to open in Missouri,
Louisiana, Connecticut, Ohio, California and Washington over the next
several months. The Connecticut QUIZNO'S will be the first in this
state. Earlier this year, QUIZNO'S Classic Subs restaurants opened
in mall food courts in southern California, New Mexico, Tennessee,
Wisconsin and Washington.
"This tremendous exposure to customers in targeted regional trade
areas helps support our national growth strategy," Schaden added.
"In new markets, customers can sample our signature oven-baked
QIJIZNO'S Classic Subs through mall sampling programs. This helps
support future QUIZNO'S units opening in these new markets."
A total of 144 QUIZNO'S restaurants are now open in 25 states and
Canada.
QUIZNO'S, a quick-service, Italian-style dell which serves signature
oven-baked Classic Subs, has been a popular Denver-based chain for 15
years. The company successfully completed an IPO in February 1994
and is using the proceeds to focus on national expansion.
A Form 8-K will be filed with the SEC in connection with the mall
location openings announced in this release. Reference is made to
the Form 8-K for a discussion of certain risks relating to forward-
looking statements.
For more information, contact: Sue Hoover or Debbie Leider,
The QUIZNO'S Corporation, Corporate Communications line, 303-706-9338
