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Bar 145
Facts & figures
$300,000 is required in available capital if you want to become a franchisee. Bar 145 expects new franchisees to have a net worth of at least $1,200,000. A royalty payment of 4% is paid from unit owners back to the franchise. $405,000 is the minimum that Bar 145 expects its owners will need to invest in a new location. $2,536,000 is the maximum that someone opening a location should expect to invest. New franchisees pay Bar 145 a franchise fee of $36,000. The company was originally founded in 2011. Franchising as a means of location growth started in 2012. There are currently 3 Bar 145 units in operation.