Some franchisors, make it easier by providing a range of performances. Baskin-Robbins, for example, reports mean
gross sales of $290,554
(fiscal year 2002) for its 4,500 ice cream stores, but breaks sales down by region. These range from a low of $186,906 in the Southeast to a high of $344,587 in the West.
How much is a Baskin-Robbins franchise worth?
How much does Baskin-Robbins franchise cost? Baskin-Robbins has the franchise fee of up to $25,000, with total
initial investment range of $93,550 to $401,800
.
How do I open a Baskin-Robbins franchise?
The initial franchise fee for opening a Baskin-Robbins is
$25,000 per location
. It is good for a 20-year term.
How much do franchise owners make a year?
According to a survey done by Franchise Business Review*, the average pre-tax annual income of franchise owners in the U.S. is
about $80,000
. However, only 7% of franchise owners earn over $250,000 per year with 51% earning less than $50,000.
How much money can a 14 year old make at Baskin-Robbins?
As a crew member at Baskin Robbins, you will be making somewhere between
minimum wage and $13 per hour
. If you are coming in at entry-level without any prior experience, then you will most likely start out at minimum wage. The average hourly rate for a Baskin Robbins crew member is $9.
How much to open a Chick Fil A?
While operating a Chick-fil-A restaurant requires a relatively modest
$10,000 initial financial commitment
($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner. We are in the restaurant industry – the quick-service restaurant industry, at that.
What is the franchise cost of Mcdonalds?
How much is a McDonald’s Franchise? The total investment necessary to begin operation of a traditional McDonald’s franchise ranges
from $1,008,000 to $2,214,080
. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.
Can owning a franchise make you rich?
The bottom line is that while
a franchise can make you independently wealthy
, it isn’t a guarantee. Choosing the right business in the right industry, and going in with preexisting entrepreneurial experience and/or existing wealth can help, but your income-generating potential may still be somewhat limited.
What’s the most profitable franchise to own?
- McDonald’s. …
- Dunkin’ …
- The UPS Store. …
- Dream Vacations. …
- The Maids. …
- Anytime Fitness. …
- Pearle Vision. …
- JAN-PRO.
How much do Chick Fil A franchise owners make?
According to the franchise information group, Franchise City, a Chick-fil-A operator today can expect to earn an average of
around $200,000 a year
.
What jobs can a 13 year old get?
- Babysitter. Babysitting is a fantastic job for 13-year-olds. …
- Lawn mower or gardener. If your 13-year-old loves spending time outside, working as a lawn mower or gardener is a fantastic option. …
- Dog walker. …
- House or pet sitter. …
- Tutor. …
- Car washer. …
- Junior camp counselor. …
- Newspaper deliverer.
How many hours can a 14 year old work?
When school is in session, 14- and 15- year-olds may work
3 hours per day
, not to exceed 18 hours per week. You may also work 8 hours per day when school is not in session, not to exceed 40 hours per week. General information about work permits: You must have a work permit from your high school.
What is the cheapest franchise to buy?
- Cruise Planners. Franchise fee: $10,995. …
- Fit4Mom. Franchise fee: $5,495 to $10,495. …
- Chem-Dry. Franchise fee: $23,500. …
- Jazzercise. Franchise fee: $1,250. …
- Stratus Building Solutions. …
- SuperGlass Windshield Repair. …
- Mosquito Squad. …
- Pillar to Post Home Inspectors.
How hard is it to open a Chick-fil-A?
Operators
pay an initial $10,000 fee
to be “granted the rights necessary to operate a franchised Chick-fil-A,” according to the company website. That’s compared to other fast-food chains where franchisees can invest hundreds of thousands, even millions, of dollars to open a restaurant, industry experts said.
Why is it only cost $10 K to own a Chick-fil-A franchise?
The biggest reason it only costs $10,000 for a Chick-fil-A location is
that you don’t actually own it
. Just because you paid Chick-fil-A corporate $10,000, got accepted, and went through the extensive training program doesn’t mean you own the location.
