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Liquid capital required
|
$500,000
|
Net worth required
|
$1,000,000
|
Investment
|
$429,000 - $548,500
|
Franchise fee
|
$40,000
|
Royalty
|
7.0%
|
Offers Financing
|
Yes
|
Units in operation
|
4
|
Founded
|
2012
|
Franchising Since
|
2014
|
The capital required to open a unit is $500,000. D.O.G. Hotels expects new franchisees to have a net worth of at least $1,000,000. D.O.G. Hotels franchisees pay a royalty of 7% back to the franchisor. The low end of the total investment required to open a new franchise is $429,000. The most the franchisor could ask you to invest is $548,500 if you want to become a franchisee. $40,000 is the franchise fee new franchisees pay the franchisor. The company was originally founded in 2012. Franchising as a means of location growth started in 2014. Today, the location count for this franchise has reached 4.
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