Question 1

How much does it cost to open a Fantastic Sams franchise?

Accepted Answer

The total initial investment for a Fantastic Sams franchise ranges from $172K to $462K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Fantastic Sams franchise fee?

Accepted Answer

The initial franchise fee for Fantastic Sams is $40K.

Question 3

What are the net worth requirements for a Fantastic Sams franchise?

Accepted Answer

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

Question 4

Does Fantastic Sams require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Fantastic Sams franchise?

Accepted Answer

Equipment costs for a Fantastic Sams franchise range from $35K to $55K. Initial inventory costs range from $10K to $15K.