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Below is an in-depth analysis and side-by-side comparison of Cousins Subs vs The Submarine Station 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 | N/A |
Franchise Fee | $25,000 | $8,000 |
Royalty Fee | 6% | $500/mo |
Advertising Fee | 2% | - |
Year Founded | 1972 | - |
Year Franchised | 1985 | - |
Term Of Agreement | 10 years +10 | 5 years |
Term Of Agreement | 10 years +10 | 5 years |
Renewal 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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - |
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. | - |
Expansion Plans |
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US Expansion | No | - |
Canada Expansion | No | - |
International Expansion | 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
As a company grows there are three main methods of growth to choose from: sole proprietorship, joint venture, or franchising. The franchise system is an exciting model because of the common shared interest in the founding company (the Franchisor) and the small business owner (the Franchisee) that both want the system to work. The problem with most franchising models is that a Franchisee is under such stringent restrictions from the Franchisor. Understandably, the Franchisor has a huge interest in protecting the brand. This interest in protecting the brand has inherent drawbacks that now become the Franchisee's issues. A few of these drawbacks are: real estate long-term leasing or purchasing, expensive proprietary equipment, forced product price points, etc. Who pays for this in the end? Well, the Franchisee does. Who looks out for the Franchisee? The Submarine Station will!