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Liquid capital required
|
$300,000
|
Net worth required
|
$200,000
|
Investment
|
$300,000 - $1,500,000
|
Franchise fee
|
$25,000
|
Units in operation
|
65
|
To open a location, you should have $300,000 available as liquid capital. Happy Joe's Pizza & Ice Cream Parlor expects new franchisees to have a net worth of at least $200,000. The low end of the total investment required to open a new franchise is $300,000. The most the franchisor could ask you to invest is $1,500,000 if you want to become a franchisee. $25,000 is the franchise fee new franchisees pay the franchisor. Today, the location count for this franchise has reached 65.
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