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Liquid capital required
|
$150,000
|
Net worth required
|
$250,000
|
Investment
|
$317,000 - $603,000
|
Franchise fee
|
$25,000
|
Royalty
|
6.0%
|
Offers Financing
|
Yes
|
Units in operation
|
36
|
Founded
|
2003
|
Franchising Since
|
2005
|
The capital required to open a unit is $150,000. You need to have a total net worth of $250,000 if you want to become an owner. The ongoing royalty for Earl of Sandwich is 6%. $317,000 is the minimum that Earl of Sandwich expects its owners will need to invest in a new location. The most you would expect to invest in a Earl of Sandwich location is $603,000. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location. The company was originally founded in 2003. Franchising as a means of location growth started in 2005. Today, the location count for this franchise has reached 36.
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