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Promoted Opportunities

Cousins Subs

Initial Investment

LOW: $182,200
HIGH: $564,000

Change in Units

-3.7% -4 UNITS (1 Year)
-21.8% -29 UNITS (3 Years)

Company Profile

Founded

1972

Franchising Since

1985 (32 Years)

Corporate Address

N83 W13400 Leon Rd. Menomonee Falls, WI 53051

CEO

Christine Specht-Palmert

About Cousins Subs

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.

Financials

Financial Requirements

Initial Investment

$182,200 - $564,000

Net-worth Requirement

$300,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Veteran Incentives


$5,000 off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 16 days

Training at headquarters: 9 days

Additional Training: 21 days training total

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 20

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 27th, 2016

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