Question 1

How much does it cost to open a Cabinet IQ franchise?

Accepted Answer

The total initial investment for a Cabinet IQ franchise ranges from $298K to $455K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Cabinet IQ franchise fee?

Accepted Answer

The initial franchise fee for Cabinet IQ is $60K.

Question 3

What are the net worth requirements for a Cabinet IQ franchise?

Accepted Answer

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

Question 4

Does Cabinet IQ require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Cabinet IQ franchise?

Accepted Answer

Equipment and inventory costs for Cabinet IQ vary by location. Refer to the FDD for estimates.