Cousins Subs
Not Ranked

Initial Investment

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

Change in Units

-13.9% -15 UNITS (1 Year)
-23.1% -25 UNITS (3 Years)

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1972

Franchising Since

1985 (31 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

Franchise 500® Rank History

Highest Rank: 384

Lowest Rank: 483

* Not all years were ranked

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
National Media

Absentee Ownership Allowed

Number of employees required to run: 20

Related Franchises

Related Articles

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

Franchising's 4 Hottest Categories Offer Small Costs and Big Payoffs

As the cost of franchising continues to drop, motivated and cash-strapped entrepreneurs are paying their dues with sweat instead. Here are four of the year's hottest franchise categories that do more with less.
2 Artists Find Second Careers with a 'Paint and Sip' Franchise

2 Artists Find Second Careers with a 'Paint and Sip' Franchise

Using their knowledge and skills, this couple revamped their careers and finances.
2016 Top 100 Low Cost Franchises

2016 Top 100 Low Cost Franchises

The top 100 low-cost franchises, all for less than $60,000.
Tracy Stapp Herold
From the NFL Locker Room to the Boardroom

From the NFL Locker Room to the Boardroom

Entrepreneurship was plan B for Chicago Bears offensive lineman Tafa Jefferson.
Tom Scarda, CFE
The Basics of Multi-Location and Franchise Marketing

The Basics of Multi-Location and Franchise Marketing

Focus on making individual businesses and the corporation thrive at the same time.
Scott Langdon

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 27th, 2016

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012