On average
2007-12-17 07:37:19 · 4 answers · asked by Larry B 3 in Business & Finance ➔ Small Business
It varies a lot. You could buy a simple franchise to run out of your home for a modest amount ($500???) or you could spend over $1 million to buy a great parcel of land and open a McDonalds restaurant. And there's thousands of options in between.
2007-12-17 07:43:43 · answer #1 · answered by hottotrot1_usa 7 · 0⤊ 0⤋
Do you want to start a franchise or purchase one. If you have a current business then by franchising it out you would be paid a franchise fee and receive royalty payments on the sales of that business. Generally it is 5% of the top line.
2007-12-17 15:42:09 · answer #2 · answered by Molson 3 · 0⤊ 0⤋
There are hundreds of franchise businesses, each with different requirements and fees - examples include whether you need to lease a storefront, how much equipment needs to be purchased, and just the fee itself to use the business name.
You can find an extensive list of franchises here, by category, so you can get an idea what the price range is in a category that interests you:
http://www.npros.com/small_business_opportunity_franchise.asp
2007-12-17 16:47:22 · answer #3 · answered by NewsReader 2 · 0⤊ 0⤋
You can get a franchise for as little as $10,000 and it goes up from there.
2007-12-17 15:46:25 · answer #4 · answered by Anonymous · 0⤊ 0⤋