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Cousins Subs
Submarine sandwiches and salads
You can feed the whole clan at this chain of sandwich shops. Cousins Submarines operates and franchises about 150 Cousins Subs eateries in Wisconsin and nearly 10 other states. The quick-service restaurants offer a variety of submarine-style sandwiches, both hot and cold, as well as gourmet sandwiches, salads, and sides. Company president William Specht opened the first Cousins Subs in Milwaukee with -- you guessed it -- his cousin, company EVP James Sheppard, in 1972.
Cousins Subs
N83 W13400 Leon Road
Menomonee Falls, WI 53051
262-253-7700
Fast Facts
| Year established | 1972 |
| Franchising since | 1989 |
| Can be run from home? | No |
| Number of employees needed | 12 |
| Item 19 Financial Performance Representation? | Yes |
| Multiple units must be purchased in U.S. | Yes |
| Multiple units must be purchased outside U.S. | |
| Absentee ownership allowed? | Yes |
Franchise Unit Growth Rate
| Year | U.S. Franchises |
Non-U.S. Franchises |
Company-Owned Locations |
| 2011 | 128 | 0 | 16 |
| 2010 | 130 | 0 | 16 |
| 2009 | 131 | 0 | 15 |
Expanding in These Locations
Arizona, Illinois, Michigan, Minnesota, Wisconsin
Costs
| Total Investment | $198,700 - $314,300 |
| Franchise Fee | $17,500 |
| Royalty Fee | 6% |
Financial Requirements
| Net Worth | $300,000 |
| Liquid Capital | $80,000 |
Franchisee Qualifications
Previous restaurant experience helpful, but not necessary
Self-motivated and ambitious
Strong people skills
Financing
| Does franchisor offer financing? | No |
| Is franchisor on the SBA's Franchise Registry? | Yes |
| Is franchisor a member of the IFA's VetFran program? | Yes |
Cousins Subs
N83 W13400 Leon Road
Menomonee Falls, WI 53051
262-253-7700
Content provided by Hoovers.com
Cousins Submarines, Inc.
You can feed the whole clan at this chain of sandwich shops. Cousins Submarines operates and franchises about 150 Cousins Subs eateries in Wisconsin and nearly 10 other states. The quick-service restaurants offer a variety of submarine-style sandwiches, both hot and cold, as well as gourmet sandwiches, salads, and sides.
| Company Type: | Private |
| Employees: | 900 |
| Executives: | William F. (Bill) Specht, CEOKendall Richmond, CFOLawrence (Larry) Weissman, VP Marketing |
| Sales: | $19,500,000 |
| Industries: | Fast-Food & Quick-Service Restaurants |
| See More Industries | |
| Top Competitors: | SubwayJimmy John'sQuiznos |
Cousins Subs
N83 W13400 Leon Road
Menomonee Falls, WI 53051
262-253-7700
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