Franchise opportunities compared

    Cousins Subs vs Sonic Drive-In

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Cousins Subs

    $464,700 – $1,164,500

    2026 FDD · Item 7 · PDF p. 22

    Sonic Drive-In

    $1,485,200

    2026 FDD · Item 7 · PDF p. 38

    Initial franchise fee · Item 5

    Cousins Subs

    $2,500

    2026 FDD · Item 5 · PDF p. 12

    Sonic Drive-In

    Not available

    Royalty · Item 6

    Cousins Subs

    6%

    2026 FDD · Item 6 · PDF p. 15

    Sonic Drive-In

    1%

    2026 FDD · Item 6 · PDF p. 34

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Cousins Subs: 28, Sonic Drive-In: 8). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Cousins Subs

    $464,700 – $1,164,500
    Cousins Subs shop — Total initial investment: $ 464 , 700 - $ 1,164,500
    2026 FDD · Item 7 · PDF p. 22

    Sonic Drive-In

    $1,485,200
    TOTAL ESTIMATED INITIAL INVESTMENT (excluding free- standing real estate costs) (15) — 1485200
    2026 FDD · Item 7 · PDF p. 38
    Standard initial franchise fee (Item 5)

    Cousins Subs

    $2,500
    2026 FDD · Item 5 · PDF p. 12

    Sonic Drive-In

    Not available
    No single standard fee identified
    Royalty (Item 6)

    Cousins Subs

    6%
    Weekly continuing service fee; gross receipts definition — 6%
    2026 FDD · Item 6 · PDF p. 15

    Sonic Drive-In

    1%
    lows: Duration of Effective Royalty Fee Effective Royalty Fee Opening through Year 1 — 1%
    2026 FDD · Item 6 · PDF p. 34
    Brand / advertising fund (Item 6)

    Cousins Subs

    $25,000
    Initial, additional and development fees; deposit credit; marketing fee — $25000
    2026 FDD · Item 6 · PDF p. 13

    Sonic Drive-In

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Cousins Subs

    92
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 67

    Sonic Drive-In

    3,412
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 74
    Net outlet change (Item 20)

    Cousins Subs

    +0
    Calculated: 92 at end of 2022 → 92 at end of 2025

    Sonic Drive-In

    −109
    Calculated: 3,521 at end of 2023 → 3,412 at end of 2025
    Outlet exits (Item 20)

    Cousins Subs

    Not available
    No complete exit records for a year

    Sonic Drive-In

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Cousins Subs

    Not available
    Not in reviewed records

    Sonic Drive-In

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Cousins Subs

    Not available
    Not in reviewed records

    Sonic Drive-In

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Cousins Subs
    Locations counted not stated in the reviewed record — Full fiscal year shops; includes four affiliate non-traditional shops; High thi…
    18 shops
    other Affiliate-owned 2025 High shops
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Full fiscal year shops; includes four affiliate non-traditional shops
    50 percent
    other Affiliate-owned 2025 Percent above system average
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Full fiscal year shops; includes four affiliate non-traditional shops; High thi…
    17 shops
    other Affiliate-owned 2024 High shops
    2026 FDD · Item 19 · PDF p. 53
    +25 more groups in the full report
    Sonic Drive-In
    Locations counted not stated in the reviewed record — 2nd Quartile
    47 percent
    other 2nd Quartile
    2026 FDD · Item 19 · PDF p. 71
    Locations counted not stated in the reviewed record — All Restaurants
    1,338 restaurants
    other All Restaurants
    2026 FDD · Item 19 · PDF p. 72
    Locations counted not stated in the reviewed record — 1st Quartile
    294 restaurants
    other 1st Quartile
    2026 FDD · Item 19 · PDF p. 71
    +5 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Cousins Subs vs Sonic Drive-In: common questions

    Which costs less to open, Cousins Subs or Sonic Drive-In?
    Cousins Subs: $464,700 – $1,164,500 (2026 FDD · Item 7 · PDF p. 22); Sonic Drive-In: $1,485,200 (2026 FDD · Item 7 · PDF p. 38). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Cousins Subs. Estimates are not quotes, and the FDD years may differ.
    How do Cousins Subs and Sonic Drive-In royalties compare?
    Cousins Subs: 6% (2026 FDD · Item 6 · PDF p. 15); Sonic Drive-In: 1% (2026 FDD · Item 6 · PDF p. 34). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Cousins Subs or Sonic Drive-In?
    Cousins Subs: 92 (2025 FDD · Item 20 · PDF p. 67); Sonic Drive-In: 3,412 (2026 FDD · Item 20 · PDF p. 74). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Cousins Subs and Sonic Drive-In disclose financial performance (Item 19)?
    Cousins Subs has reviewed Item 19 figures for 28 location groups; Sonic Drive-In has reviewed Item 19 figures for 8 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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