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):
                          January 10, 1997
                                  
                  ________________________________
                                  
                                  
                                  
                      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 financing agreement.

                                                            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:   January 20, 1997           By:/s/ Richard E. Schaden
                                        Richard E. Schaden, President and Chief
                                         Executive Officer


                            EXHIBIT INDEX

Exhibit                                             
No.                 Description                             Page
                                                            
*99.1               Press release                           
                                                            1