QUIZNO'S Classic Subs Opens Record 50 New Locations in 3rd Q

DENVER,  Colo.  - November 2, 1998 - The  Quizno's  Corporation  (Nasdaq:  QUIZ)
announced it opened 50 new  locations  across the U.S. and Canada during the 3rd
quarter  ended  September  30, 1998.  The openings are a record for  QUIZNO'S(R)
Classic  Subs  locations  opened in a single  quarter  since the chain began its
expansion from a Denver-based regional chain of 18 restaurants in 1991.

One of the 50  locations  was a  converted  Sub &  Stuff  in  Wichita.  QUIZNO'S
acquired  the Sub & Stuff chain last summer and is in the process of  converting
seven more locations over the next six months.

In a preliminary 3rd quarter report,  QUIZNO'S also announced  system wide sales
of $28 million,  a 79% increase  over the $15.6 million in system wide sales for
the 3rd quarter of 1997.

The Company sold 84 new  franchises in the 3rd quarter,  including 20 in Canada.
In late  September,  the  Company  announced  it had  signed a Master  Franchise
Agreement to develop as many as 300 QUIZNO'S  Classic Subs  restaurants in Japan
over the next 10 years.

"Our strong growth in street  locations has been consistent  between 39 and 43 a
quarter  since the 2nd quarter of 1997," said Rick Schaden,  QUIZNO'S  President
and CEO. "We're especially  pleased to have achieved a new milestone with 50 new
locations this past quarter."

Final 3rd  quarter  earnings  are  expected  to be  released  the second week of
November.  QUIZNO'S,  known for its signature oven baked subs, currently is open
in 35 states, Puerto Rico and Canada. The chain has 440 restaurants, including a
number of Bain's Delis and Sub & Stuff units.

This  release  contains  forward-looking  statements  (as defined in the Private
Securities  Litigation  Reform  Act of 1995)  that  are  subject  to  risks  and
uncertainties  that could cause actual results to differ  materially  from those
set  forth in the  forward-looking  statements.  Such  risks  and  uncertainties
include the effect of national and regional economic and market conditions,  the
eating habits of the American,  Canadian and Japanese public,  cost of labor and
employee benefits, cost of marketing,  intensity of competition for locations as
well as customers,  perception of food safety, legal claims and the availability
of financing for the Company and its  franchisees.  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 December 31, 1997.

For More Information Contact:

Sue Hoover, Executive Vice President, Marketing
The Quizno's Corporation
303-291-0999, ext. 3242