How Much Does It Cost to Own a Chain Franchise? (Slideshow)
November 5, 2013
We found franchise costs for 15 chains
At Subway, estimated total costs to open a franchise range between $116,200 and $262,850.
While individual franchise costs vary, to even be considered you’ll need $125,000 in liquid assets and a net worth of $250,000.
13) Papa John’s
In order to open a Papa John’s franchise, you need a minimum of $50,000 in cash or liquid assets, a minimum net worth of $150,000, and the ability to obtain financing of up to $200,000.
12) Auntie Anne’s
If you want to open an Auntie Anne’s of your own, total initial investments range between $201,375 and $374,600.
11) Cold Stone Creamery
The franchise fee at Cold Stone is $42,000, but you must also plan to invest between $286,075 and $474,325 to build, equip, and stock a traditional location.
Franchise costs vary, but a minimum net worth of $300,000 with liquidity of $150,000 is needed for a domestic single-unit development.
9) Dairy Queen
The average Dairy Queen franchise cost is between $400,000 and $1 million.
To qualify to own an Arby’s, you need $500,000 in liquid assets.
To become a McDonald’s franchisee, you’ll need to start with $750,000 of non-borrowed personal resources.
6) Famous Dave’s BBQ
Costs vary, but you’ll need minimum liquid assets of $750,000 and a net worth of $1.5 million to be considered.
5) Krispy Kreme
Want to make donuts? You’ll need $1 million in liquid assets and a $2 million net worth, with a total investment of anywhere between $933,000 and $1,888,250.
4) Taco Bell
The first step toward opening a Taco Bell of your own is accumulating a net worth of $1 million, and $360,000 in liquid assets, and you’ll need to commit to building at least three restaurants over three years. Actual franchise costs vary.
3) Carl’s Jr.:
You’ll need $1 million in net worth and $300,000 in liquid assets to open a Carl’s Jr. The estimated initial investment is $1.3 million.
2) Burger King
To purchase a Burger King franchise, you need a $1.5 million net worth and $500,000 in liquid assets. Development costs range from $1.2 million to $2.2 million.
There’s no set cost, but if you want to be the next Dave Thomas you need a minimum net worth of $5 million, with a minimum of $2 million of liquid assets.