Question 1

How much does it cost to open a 1-800-STRIPER franchise?

Accepted Answer

The total initial investment for a 1-800-STRIPER franchise ranges from $250K to $322K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 1-800-STRIPER franchise fee?

Accepted Answer

The initial franchise fee for 1-800-STRIPER is $50K.

Question 3

What are the net worth requirements for a 1-800-STRIPER franchise?

Accepted Answer

Net worth requirements for 1-800-STRIPER are specified in the Franchise Disclosure Document.

Question 4

Does 1-800-STRIPER require a personal guarantee?

Accepted Answer

Yes, 1-800-STRIPER requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a 1-800-STRIPER franchise?

Accepted Answer

Equipment costs for a 1-800-STRIPER franchise range from $101K to $106K. Initial inventory costs range from $5K to $6K.