Question 1

How much does it cost to open a 1-Tom-Plumber franchise?

Accepted Answer

The total initial investment for a 1-Tom-Plumber franchise ranges from $516K to $2.8M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 1-Tom-Plumber franchise fee?

Accepted Answer

The initial franchise fee for 1-Tom-Plumber is $50K.

Question 3

What are the net worth requirements for a 1-Tom-Plumber franchise?

Accepted Answer

Net worth requirements for 1-Tom-Plumber are specified in the Franchise Disclosure Document.

Question 4

Does 1-Tom-Plumber require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a 1-Tom-Plumber franchise?

Accepted Answer

Equipment costs for a 1-Tom-Plumber franchise range from $315K to $1.7M. Initial inventory costs range from $1K to $1K.