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Below is an in-depth analysis and side-by-side comparison of Cousins Subs vs Spicy Pickle including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $119,200 - $300,800 | $300,000 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | - |
Year Founded | 1972 | 1999 |
Year Franchised | 1985 | 2003 |
Term Of Agreement | 10 years +10 | 10 years |
Term Of Agreement | 10 years +10 | 10 years |
Renewal Fee | - | 20% of then-current fee |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/Yes |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | On-The-Job Training: 185 hours Classroom Training: 53 hours Additional Training: 21 days training total | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Meetings, Grand opening, Internet, Field operations/evaluations |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 15
Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | No | - |
Canada Expansion | No | No |
International Expansion | No | No |
Great food. High quality. Good value. Committed. These are the words our guests and franchisees use to describe the Cousins Subs opportunity.
Our guests love our food, and our franchisees respect our organization. Our vision of excellence is what keeps us growing and keeps our guests coming back on a regular basis.
We are Cousins Subs , a leader in the growing QSR (Quick Service Restaurant) segment of the restaurant industry. Cousins Subs competitive advantages include:
- Being a cash business with low receivables and little inventory.
- Having a multi-unit market penetration strategy.
- Possessing an in-depth understanding of the future of our business and industry
- Offering innovative and automated business systems.
We invite you to visit several of our locations, and contact us to learn more. Whether you are interested in developing an entire market or to begin with a single unit franchise, Cousins Subs is your franchise of choice!
Seeking new franchisees in Arkansas, Arizona, Florida, Iowa, Illinois, Indiana, Kansas, Michigan,
Minnesota, Missouri, North Dakota, Oklahoma, South Dakota, Texas,
and Wisconsin
Spicy Pickle is looking for experienced restaurant operators who also have the financial ability and marketing expertise to develop territory. Spicy Pickle restaurants are in relatively small footprints and can, when properly developed, operated and marketed, produce attractive returns for the investment. Spicy pickle has earned a reputation for serving delicious culinary inspired food that caters mostly to the daytime working populations in a fast casual atmosphere. We are looking for franchisees who have earned a similar reputation for success in their hometowns and are looking for this type of opportunity. If this describes you we encourage you make application and set up a visit to our Corporate headquarters. Be prepared to present a business plan for the roll out of Spicy Pickle restaurants in your chosen development area. We have in place the infrastructure to assist you from initial financial projections to site selection and lease negotiation to build-out assistance, training, grand opening and ongoing marketing and operational support. We are experienced franchisors and restaurant operators and are looking for franchisee partners to help expand the brand. What we need you to have: * Significant business experience and references, preferably in the retail environment and specifically in restaurant operations. * Sufficient financial strength to open several Spicy Pickle restaurants as locations become available (at least $1 Million dollars of liquidity). * Strong ties to the local community. * A desire to build, own and operate your own business, and entrepreneur. * Enthusiasm and the ability to wake up every day with an opportunistic attitude.