Cousins Subs vs My Friend's Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Cousins Subs vs My Friend's Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Cousins Subs Franchise
My Friend's Place Franchise
Investment $119,200 - $300,800$156,650 - $260,400
Franchise Fee $25,000$20,000
Royalty Fee 6%5%
Advertising Fee 2%1%
Year Founded 19721980
Year Franchised 19851980
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements
 
Cousins Subs Franchise
My Friend's Place Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • People skills
    		• -

    Financing Options
     
    Cousins Subs Franchise
    My Friend's Place Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Cousins Subs Franchise
    My Friend's Place Franchise
    Training On-The-Job Training: 185 hours Classroom Training: 53 hours Additional Training: 21 days training total 1. Headquarters 12 Business Days

    2. Franchisee Site 12 Business Days
    Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform Field Operation Evaluation

    Field Training: At Additional Cost

    Initial Store Opening

    Inventory Control: At Additional Cost
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
    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.

    		Average Number of Employees: 2 Full-time, 2 Part-time

    Passive Ownership: Not Allowed

    Expansion Plans
     
    Cousins Subs Franchise
    My Friend's Place Franchise
    US Expansion NoYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Cousins Subs

    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

    Veteran Incentives  $5,000 off franchise fee

    About My Friend's Place

    A quality franchise opportunity for your financial independence and future. Our restaurants cater to the quality-oriented customer interested in a quick, yet light and healthy lunch, specializing in sandwiches, salads, soups and home-made desserts. MY FRIEND'S PLACE is a 'Fresh Food Express!'