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Liquid capital required
|
$150,000
|
Net worth required
|
$500,000 - $1,000,000
|
Investment
|
$253,150 - $693,100
|
Franchise fee
|
$40,000
|
Royalty
|
6.0%
|
Offers Financing
|
Yes
|
Units in operation
|
14
|
Founded
|
2013
|
You'll need $150,000 in liquid capital to open a DRNK coffee + tea / QWENCH juice bar. The franchise expects its new franchisees to have a net worth of at least $500,000. The ongoing royalty for DRNK coffee + tea / QWENCH juice bar is 6%. The low end of the total investment required to open a new franchise is $253,150. The most you would expect to invest in a DRNK coffee + tea / QWENCH juice bar location is $693,100. New franchisees can expect to pay a $40,000 franchise fee for the rights to open their own location. This franchise was established in 2013. There is currently a total of 14 units in operation.
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