|
Below is an in-depth analysis and side-by-side comparison of Cousins Subs vs The Wow! What a Sub!! Boyz Subs & Steaks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $119,200 - $300,800 | $187,500 - $249,000 |
Franchise Fee | $25,000 | $17,500 |
Royalty Fee | 6% | 4% |
Advertising Fee | 2% | - |
Year Founded | 1972 | 1990 |
Year Franchised | 1985 | 2004 |
Term Of Agreement | 10 years +10 | 20 years |
Term Of Agreement | 10 years +10 | 20 years |
Renewal Fee | - | 50% of then franchise fee |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
||
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 | Grand opening, Security/safety procedures, Field operations/evaluations |
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. |
Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | No | Yes |
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
NO LONGER FRANCHISING
In 1989, two business visionaries restless to construct an independent venture acknowledged there was a clear requirement for a sub/sandwich shop that exemplified quality. In view of this the idea is offer just crisp cut meats and cheeses just before your eyes and permitting every client to see their sandwich made to their own inclination.
For more than 20 years and serving more than one million clients, organizers Ken Mark still yearning to bring each client unprecedented subs and steaks day by day. Stop in today and appreciate a really awesome sub or steak of your decision.