Cousins Subs
Source filing: WI · filed 2026-03-20
Item 5 — Initial franchise fee
$25,000 [p.13 · WI · 2026-03-20]
Item 6 — Recurring fees (royalty & advertising)
Not disclosed in extracted fee schedule — see FDD Item 6.
Item 7 — Estimated initial investment (total)
$17,500 [p.20 · WI · 2026-03-20] – $78,750 [p.20 · WI · 2026-03-20]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 36 [p.61 · WI · 2026-03-20] |
|---|---|
| Franchised outlets at end of year | 34 [p.61 · WI · 2026-03-20] |
| Net change in franchised outlets | -2 [p.61 · WI · 2026-03-20] |
| Transfers | 5 [p.61 · WI · 2026-03-20] |
| Terminations | 2 [p.62 · WI · 2026-03-20] |
| Non-renewals | 0 [p.62 · WI · 2026-03-20] |
| Ceased operations (other) | 0 [p.62 · WI · 2026-03-20] |
| Company-owned outlets at end of year | 58 [p.61 · WI · 2026-03-20] |
Item 19 — Financial performance representation
Headline cohort
Franchised traditional shops FY2024 · FY2024
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 31 [p.55 · WI · 2026-03-20] | $849,415 [p.55 · WI · 2026-03-20] | $786,125 [p.55 · WI · 2026-03-20] | $2,033,571 [p.55 · WI · 2026-03-20] | $320,988 [p.55 · WI · 2026-03-20] |
All disclosed cohorts (9)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| All affiliate-owned shops FY2025 FY2025 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| All affiliate-owned shops FY2024 FY2024 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| All affiliate-owned shops FY2023 FY2023 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Franchised traditional shops FY2025 FY2025 |
29 [p.54 · WI · 2026-03-20] | $865,432 [p.54 · WI · 2026-03-20] | $831,786 [p.54 · WI · 2026-03-20] | $1,937,440 [p.54 · WI · 2026-03-20] | $313,768 [p.54 · WI · 2026-03-20] |
| Franchised traditional shops FY2024 FY2024 |
31 [p.55 · WI · 2026-03-20] | $849,415 [p.55 · WI · 2026-03-20] | $786,125 [p.55 · WI · 2026-03-20] | $2,033,571 [p.55 · WI · 2026-03-20] | $320,988 [p.55 · WI · 2026-03-20] |
| Franchised traditional shops FY2023 FY2023 excluded: failed consistency checks |
Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Franchised non-traditional shops FY2025 FY2025 |
4 [p.55 · WI · 2026-03-20] | $532,707 [p.55 · WI · 2026-03-20] | $486,470 [p.55 · WI · 2026-03-20] | $799,933 [p.55 · WI · 2026-03-20] | $357,957 [p.55 · WI · 2026-03-20] |
| Franchised non-traditional shops FY2024 FY2024 |
5 [p.55 · WI · 2026-03-20] | $505,708 [p.55 · WI · 2026-03-20] | $469,160 [p.55 · WI · 2026-03-20] | $798,889 [p.55 · WI · 2026-03-20] | $339,449 [p.55 · WI · 2026-03-20] |
| Franchised non-traditional shops FY2023 FY2023 |
5 [p.55 · WI · 2026-03-20] | $515,624 [p.55 · WI · 2026-03-20] | $467,791 [p.55 · WI · 2026-03-20] | $780,555 [p.55 · WI · 2026-03-20] | $318,610 [p.55 · WI · 2026-03-20] |
“Some Shops have earned this amount.” [p.60 · WI · 2026-03-20]