Question 1

How much does it cost to open a 16 Handles franchise?

Accepted Answer

The total initial investment for a 16 Handles franchise ranges from $250K to $657K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 16 Handles franchise fee?

Accepted Answer

The initial franchise fee for 16 Handles is $30K.

Question 3

What are the net worth requirements for a 16 Handles franchise?

Accepted Answer

Net worth requirements for 16 Handles are specified in the Franchise Disclosure Document.

Question 4

Does 16 Handles require a personal guarantee?

Accepted Answer

Yes, 16 Handles requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a 16 Handles franchise?

Accepted Answer

Equipment costs for a 16 Handles franchise range from $110K to $310K. Initial inventory costs range from $8K to $15K.