Question 1

How much does it cost to open a Bandag franchise?

Accepted Answer

The total initial investment for a Bandag franchise ranges from $357K to $6.5M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Bandag franchise fee?

Accepted Answer

The initial franchise fee for Bandag is $3K.

Question 3

What are the net worth requirements for a Bandag franchise?

Accepted Answer

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

Question 4

Does Bandag require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Bandag franchise?

Accepted Answer

Equipment costs for a Bandag franchise range from $84K to $1.9M. Initial inventory costs range from $32K to $666K.