Question 1

How much does it cost to open a Class 101 franchise?

Accepted Answer

The total initial investment for a Class 101 franchise ranges from $75K to $130K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Class 101 franchise fee?

Accepted Answer

The initial franchise fee for Class 101 is $40K.

Question 3

What are the net worth requirements for a Class 101 franchise?

Accepted Answer

Net worth requirements for Class 101 are specified in the Franchise Disclosure Document.

Question 4

Does Class 101 require a personal guarantee?

Accepted Answer

Yes, Class 101 requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a Class 101 franchise?

Accepted Answer

Equipment costs for a Class 101 franchise range from $2K to $10K. Initial inventory costs range from $500 to $1K.