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Liquid capital required
|
$400,000
|
Net worth required
|
$750,000
|
Investment
|
$275,000
|
Franchise fee
|
$25,000
|
Units in operation
|
199
|
The capital required to open a unit is $400,000. CHIPS expects new franchisees to have a net worth of at least $750,000. $275,000 is the minimum that someone opening a location should expect to invest. Before you become an owner, you will owe the franchisor a franchise fee of $25,000. Today, the location count for this franchise has reached 199.
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