Generally speaking, how much in liquid assets does one typically need to start their own franchise of starbucks or similar small chain restaurant like a subway in Virginia. I realize question is quite vague but Im looking for a broad estimate. $10,000, $30,000 $100,000?
2007-03-27 06:53:15 · 2 answers · asked by Anonymous in Business & Finance ➔ Corporations
Starbucks currently do not franchise http://investor.starbucks.com/phoenix.zhtml?c=99518&p=irol-faq
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Starbucks does not franchise operations and has no plans to franchise in the foreseeable future.
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Go to websites such as Entrepreneur.com's franchising section - they have a list of the costs for opening franchises http://www.entrepreneur.com/franchise500/index.html
For Subway for example, cost and fees are http://www.entrepreneur.com/franchises/subway/282839-1.html
Total investment: $74.9K-222.8K
Express/kiosk option available
Franchise fee: $15K
Ongoing royalty fee: 8%
Term of agreement: 20 years, renewable
According to Entrepreneur Magazine, the Top 10 Low-Cost Franchises for 2007 are http://www.entrepreneur.com/franchises/lowcost/index.html
Jackson Hewitt Tax Service
RE/MAX Int'l. Inc.
Jani-King
Curves
Liberty Tax Service
Merle Norman Cosmetics
Kumon Math & Reading Centers
Jan-Pro Franchising Int'l. Inc.
Chem-Dry Carpet Drapery & Upholstery Cleaning
Bonus Building Care
2007-03-27 06:59:16 · answer #1 · answered by imisidro 7 · 0⤊ 1⤋
Starbucks Franchise
2016-10-28 14:44:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You can open a franchise now but it's in Europe you actually have to move to Europe. The Starbucks franchise is just recently available only in Europe for now.
2015-11-02 05:04:08 · answer #3 · answered by sylviamencia 1 · 0⤊ 0⤋
Seriously? Ever seen a Starbucks in another store? ALL of those are franchised locations - ALL.OF.THEM. Even the ones on military bases - promise.
2014-04-12 03:31:21 · answer #4 · answered by Jamie 1 · 1⤊ 1⤋
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nope, starbucks doesnt allow you to open franchises, one of my supervisors planned on opening one, but she found out they dont let other ppl own franchises, sux cuz they make loads of money.
2016-03-24 14:50:06 · answer #5 · answered by Jane 4 · 0⤊ 0⤋
i know a chuck e cheese costs $250,000.... i'm not sure what major franchise you can get, if any, under $100,000....
2007-03-27 07:01:01 · answer #6 · answered by al e. c 4 · 0⤊ 1⤋
I was wondering the same thing too today
2016-08-23 22:11:26 · answer #7 · answered by Anonymous · 0⤊ 0⤋