Cousins Subs
Hot/cold subs, salads, soups, desserts

About
Founded

1972

Franchising Since

1985 (35 Years)

Corporate Address

N83 W13400 Leon Rd.
Menomonee Falls, WI 53051

Leadership

Christine Specht-Palmert, CEO

Financial Requirements
Initial Investment

$197,200 - $648,000

Net-worth Requirement

$300,000 - $1,500,000

Liquid Cash Requirement

$100,000 - $500,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options
Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

185 hours

Classroom Training:

61 hours

Additional Training:

21 days training total

Absentee Ownership Allowed
Number of Employees Required to Run:

20

Bio
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.
Cost
Initial Investment: Low - $197,200 High - $648,000
Units
-1.0%-1 UNITS (1 Year) -8.7%-9 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Arkansas, Arizona, Florida, Iowa, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, North Dakota, Oklahoma, South Dakota, Texas, Wisconsin

Franchise Articles

7 Franchisees Share Lessons from the Pandemic

Survival wasn't easy - but for these entrepreneurs, there was no alternative.

6 Franchisors Found New Ways To Build During the Covid-19 Crisis

Their stories prove that if you look hard enough, opportunity is everywhere.

5 Myths About Successful Franchisees

It's important to dispel these falsehoods to paint a clearer picture of what it takes to be successful.

The Rise and Fall of Chuck E. Cheese, Which Just Filed for Bankruptcy

The chain's parent company, CEC Entertainment, filed for Chapter 11 on Thursday, citing pandemic-related reasons.

Free Webinar | June 29: The Future of Business and Franchising: Strategies for Momentum and Growth

Join us as our experts discuss successful strategies to adapt your business to thrive while others fail and more.

Disclaimer

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 30th, 2019