Which has more SBA loans, Jimmy John's or Quiznos?

Jimmy John's has 1,071 SBA 7(a) historical approvals; Quiznos has 2,764. Quiznos has the deeper public lender track record, which generally translates into faster pre-qualification and broader lender familiarity.

What is the default rate for Jimmy John's vs Quiznos SBA loans?

Jimmy John's's SBA default rate is 4.3%, versus 24.0% for Quiznos. Jimmy John's has the cleaner loss profile, which capital sources weigh when pricing the next deal in the brand.

When did Jimmy John's and Quiznos peak in SBA lending volume?

Jimmy John's's SBA approval peak was 2015 with 127 loans; Quiznos's peak was 2004 with 539. A more recent peak (currently Jimmy John's) generally indicates fresher lender appetite and easier financing today.

Which states have the most Jimmy John's and Quiznos SBA loans?

Jimmy John's leads in IL with 92 SBA-funded units; Quiznos leads in TX with 337. The brand that matches your operating state typically closes faster because local lenders already know the unit economics.

Side by Side Comparison

Jimmy John's vs Quiznos

Q: Which is a better franchise investment, Jimmy John's or Quiznos?

Jimmy John's vs Quiznos: compare initial investment, royalty rate, unit count, SBA lending history, default rate, and PeerSense FPI score side by side. The right answer depends on your capital, target market, and risk tolerance, not on which brand ranks higher in a list.

Q: How much does a Jimmy John's franchise cost compared to Quiznos?

Jimmy John's requires a total initial investment of $25K to $366K while Quiznos requires $37K to $269K. Jimmy John's has the lower minimum capital commitment. Franchise fee, royalty percentage, and advertising fees vary independently, see the comparison table below for the full FDD breakdown.

Quick Answer

Jimmy John's vs Quiznos: Jimmy John's costs $25K to $366K to open; Quiznos costs $37K to $269K. Jimmy John's has 2,689 units, Quiznos has 1,924. SBA loan history: Jimmy John's = 1,071 loans (4.3% default); Quiznos = 2,764 loans (24.0% default). The franchise with more SBA funded units, a lower SBA default rate, and a lower royalty load is the safer financing bet; see the comparison below.

Jimmy John's vs Quiznos: Capital, Scale & Lending Analysis

Analysis based on FDD filings and SBA 7(a) loan level data. Each pairing reflects a unique combination of capital intensity, system scale, and financing path.

Capital Intensity

Jimmy John's requires the lower minimum capital commitment ($25K vs $37K for Quiznos), a 32% spread. Ongoing royalty load is 6% for Jimmy John's and 5% for Quiznos, giving Quiznos the lighter per-unit drag on operating income.

System Scale & Tenure

On scale, Jimmy John's operates 2,689 units to Quiznos's 1,924. Quiznos has been operating 45 years (founded 1981) versus 43 for Jimmy John's (founded 1983), a 2-year tenure gap that affects unit-economics maturity and FDD revision history.

SBA Lending Profile

Quiznos has the deeper SBA lending track record, with 2,764 7(a) approvals compared with 1,071 for Jimmy John's. Jimmy John's's peak SBA year was 2015 (127 loans); Quiznos's peak was 2004 (539 loans). Jimmy John's's more recent peak generally indicates fresher lender appetite. Jimmy John's has the most SBA funded units in IL, with 92. Quiznos leads in TX, with 337. Borrowers should pick the brand whose strongest SBA state matches their own state for warmer lender introductions. Average SBA loan size on funded Jimmy John's deals is $433K vs $152K for Quiznos, useful as a sizing anchor when modeling your own unit.

Risk Signal

SBA default rates are 4.3% for Jimmy John's and 24.0% for Quiznos, Jimmy John's has the cleaner SBA loss record by 19.7 points. PeerSense FPI scores come in at 58 (Moderate) for Jimmy John's and 41 (Fair) for Quiznos, giving Jimmy John's the stronger composite signal across SBA performance, lender appetite, and operational consistency.

Jimmy John's

Limited-Service Restaurants

58 11W

Quiznos

Limited-Service Restaurants

Health & Performance

FPI Score	58/100	41/100
Health Tier	Moderate	Fair
Confidence	N/A	N/A
Lending Trend	Declining	Declining

SBA Lending

SBA Loans	1,071	2,764
SBA Volume	–	–
Default Rate	4.3%	24.0%
Peer Tier	major	major

Investment & Costs

Total Investment	$25K to $366K	$37K to $269K
Franchise Fee	$35K	N/A
Royalty Rate	6%	5%
Ad Fund	4.5%	N/A
Liquid Capital	N/A	N/A
Net Worth Required	$1.0M	N/A

Financial Performance (Item 19)

Item 19 Status

Disclosed

Not Disclosed

System Size & Operations

Total Units	2,689	1,924
Franchised Units	2,647	1,924
Company Owned	42	–
Term Length	10 yrs	N/A

Brand Information

Year Founded	1983	1981
Franchising Since	2017	N/A
Years Franchising	9 yrs	N/A
Headquarters	Atlanta, GA	Tukwila, WA
Category	Limited-Service Restaurants	Limited-Service Restaurants
Website	jimmyjohns.com	quiznos.com
FDD Year	2026	N/A

Which Is Better, Jimmy John's or Quiznos?

Lower upfront capital required

Tie

Jimmy John's: $25K starting · Quiznos: $37K starting

More SBA lender confidence

Quiznos

Jimmy John's: 1,071 SBA loans · Quiznos: 2,764 SBA loans

Lower SBA default rate

Jimmy John's

Jimmy John's: 4.3% · Quiznos: 24.0%

Larger system & brand presence

Tie

Jimmy John's: 2,689 units · Quiznos: 1,924 units

Lower ongoing royalty load

Quiznos

Jimmy John's: 6% · Quiznos: 5%

More lender financing options

Quiznos

Jimmy John's: 232 unique lenders · Quiznos: 378 unique lenders

Decision matrix uses publicly disclosed FDD and SBA loan data. Not a recommendation. Your best franchise depends on capital, market, operating capacity, and risk tolerance.

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Jimmy John's vs Quiznos: Franchise Funding Comparison

Comparing Jimmy John's and Quiznos is about more than brand preference. It's about which franchise fits your financial profile and funding strategy. Investment ranges from $25K to $366K.

Jimmy John's has 1,071 SBA loans on record and Quiznos has 2,764. Those totals are cumulative history rather than a measure of current appetite. Recent lending activity is trending down for at least one of these brands, so current lender appetite has to be checked deal by deal rather than assumed from the totals.

SBA 7(a) loans are the most common franchise funding vehicle, offering up to $5M with as little as 10% down. PeerSense connects franchise buyers with the specific lenders who have approved loans for these brands, not generic referrals, but lenders with actual franchise lending track records.

Data sourced from SBA loan records, Franchise Disclosure Documents, and public filings. Updated regularly. Not financial advice, consult with a lending professional before making investment decisions.

SBA Loan Guide Franchise Funding Options Best SBA Franchise Lenders All Franchises Talk to PeerSense

Jimmy John's vs Quiznos, Frequently Asked Questions

Which is a better franchise investment, Jimmy John's or Quiznos?

Compare Jimmy John's vs Quiznos franchise costs, FDD data, royalty rates, unit counts, and SBA lending history side by side above. The best franchise depends on your capital, market, and risk tolerance, not a single ranking. Use the decision matrix above to see which brand wins on each financing dimension.

How much does a Jimmy John's franchise cost compared to Quiznos?

Jimmy John's requires $25K to $366K in total initial investment with a $35K franchise fee. Quiznos requires $37K to $269K with a N/A franchise fee. All numbers come from official Franchise Disclosure Document filings.

Can I finance Jimmy John's or Quiznos with an SBA loan?

Both brands appear on the SBA Franchise Directory and have funded SBA 7(a) loans: Jimmy John's has 1,071 SBA loans on record; Quiznos has 2,764. SBA 7(a) is the most common franchise financing vehicle, offering up to $5M with 10% down. PeerSense routes your deal to lenders who have already approved the brand.

Which has a lower SBA default rate, Jimmy John's or Quiznos?

Jimmy John's: 4.3% SBA default rate. Quiznos: 24.0% SBA default rate. Lower default rates mean lenders quote tighter rates and underwrite faster.

Compare Jimmy John's to other franchises Compare Quiznos to other franchises Browse all Limited-Service Restaurants franchises

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Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
Edward L. Freeman founded PeerSense in January 2020.
He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed October 2, 2026LinkedIn profile About Edward Freeman