Question 1

How much does it cost to open a Cheeky Monkeys franchise?

Accepted Answer

The total initial investment for a Cheeky Monkeys franchise ranges from $724K to $1.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Cheeky Monkeys franchise fee?

Accepted Answer

The initial franchise fee for Cheeky Monkeys is $40K.

Question 3

What are the net worth requirements for a Cheeky Monkeys franchise?

Accepted Answer

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

Question 4

Does Cheeky Monkeys require a personal guarantee?

Accepted Answer

Yes, Cheeky Monkeys requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Cheeky Monkeys franchise?

Accepted Answer

Equipment costs for a Cheeky Monkeys franchise range from $170K to $220K. Initial inventory costs range from $6K to $9K.