UNITED STATES
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: November 21, 2000
THE QUIZNO'S CORPORATION
(Exact name of registrant as specified in its charter)
Colorado 000-23174 84-1169286
(State or other jurisdiction (Commission (IRS Employer
of incorporation) Identification No.) File Number)
1415 Larimer Street, Denver, Colorado 80202
(Address of principal executive offices)(Zip Code)
Registrant's telephone number, including area code:(720) 359-3300
None
(Former name or former address, if changes since last report)
Item 5. Other Events. Press Release, on November 21, 2000, announcing the agreement
with a new national distribution company to become the exclusive
distributor of food and paper products to U.S.-based Quizno's
restaurants.
Exhibits
---------------
Exhibit 99.1 Copy of above press release.
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: November 22, 2000 By:/s/John L. Gallivan
--------------------
John L. Gallivan
Chief Financial Officer
Exhibit 99.1
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QUIZNO'S(R)Signs New Distributor
DENVER, Colo. - November 21, 2000 - The Quizno's Corporation (Nasdaq: QUIZ)
today announced an agreement with a new national distribution company to become
the exclusive distributor of food and paper products to the U.S.-based Quizno's
restaurant chain beginning Mon., Jan. 22, 2001. The new company replaces Alliant
Foodservice, which will continue to service Quizno's restaurants in the interim.
"Alliant has been a good partner to Quizno's, but our chain has reached a point
where it now makes sense to have more specialized distribution of its
high-quality proprietary products," said Bob Viviano, Senior Vice President of
Quizno's.
The new distributor was selected after a lengthy evaluation of several national
food distributors, and was chosen because it is geared to provide specialized,
custom-item distribution, which complements Quizno's limited menu, national
foodservice concept.
Quizno's said the new distribution partner will be identified in a subsequent
joint release after the Quizno's franchise system has been notified of the change.
Quizno's franchises and owns and operates Quizno's Subs restaurants across the
United States and in five foreign countries.
Certain information in this release are forward-looking statements that involve
risks and uncertainties that might adversely affect the Company's operating
results in the future in a material way. Such risks and uncertainties include,
without limitation, the effect of national and regional economic and market
conditions in the U.S. and the other countries in which we franchise Restaurants,
costs of labor and employee benefits, costs of marketing, the success or failure
of marketing efforts, costs of food and non-food items used in the operation of
the Restaurants, intensity of competition for locations and Franchisees, as well
as customers, perception of food safety, spending patterns and demographic
trends, legal claims and litigation, the availability of financing for the
Company and its Franchisees at reasonable rates, the availability and cost of
land and construction, legislation and governmental regulations, and accounting
policies and practices. Many of these risks are beyond the control of the
Company. Such risks are detailed from time to time in the Company's reports filed
with the SEC, including the Report on Form 10-KSB for the year ended September
30, 1999.
For More Information Contact:
-----------------------------
Sue Hoover, EVP Corporate Communications
The Quizno's Corporation
720-359-3374
