Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$220K - $733K
Units as of 2021
96 0.0% over 3 years

Company Overview

Missing the submarine sandwiches he'd enjoyed growing up, Bill Specht began thinking about opening his own sandwich shop in his new home, Milwaukee. Finally, he teamed up with his cousin, Jim Sheppard, along with their wives, Sandy Specht and Mary Sheppard, to open the first Cousins Subs in 1972. With the help of a local baker, they came up with a unique bread recipe, and bread is now baked fresh several times a day in every Cousins Subs shop.

About Cousins Subs

Industry
Food
Related Categories
Submarine Sandwiches, Sandwiches
Founded
1972
Parent Company
Cousins Subs Systems Inc.
Leadership
Christine Specht, CEO

Franchising Overview

Franchising Since
1985 (36 years)
# of employees at HQ
39
# of Units
96 (as of 2021)

Franchisor Information

Corporate Address
N83 W13400 Leon Rd.
Menomonee Falls, WI 53051

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Cousins Subs franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$25,000
Initial Investment
$220,200 - $732,500
Net Worth Requirement
$1,000,000
Cash Requirement
$250,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Cousins Subs has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
185 hours
Classroom Training
61 hours
Additional Training
As needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
10-25
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Cousins Subs landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Cousins Subs ranked on other franchise lists? Find out below.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Cousins Subs.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

This Is Why You Need to Become the Face of Your Business

Using your image to back your business can be more powerful than any form of traditional advertising.

Entrepreneur Franchise of the Day: Urban Air Adventure Park

Urban Air Adventure Park is Entrepreneur's No. 1 franchise for entertainment centers.

A metal band took over a Wendy's with a strange performance: VIDEO

For patrons at a Wendy's in Washington, the drive-thru experience was much louder than usual.

Emily Rella

Entrepreneur Franchise of the Day: ComForCare

ComForCare franchises offer older adults or those with disabilities in-home care to help them recover from a surgery or hospitalization.

Ready to Attend a Franchises's Discovery Day? Follow These 7 Steps to Prepare.

It takes a lot of work to determine the best fit for the franchise and the potential franchisee.

Adam Horlock

How to Successfully Turn Your Business Into a Franchise

If you think the franchise business model is only for restaurants, think again.

Roger David

Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021