Question 1

How much does it cost to open a Ford's Garage franchise?

Accepted Answer

The total initial investment for a Ford's Garage franchise ranges from $3.7M to $6.6M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Ford's Garage franchise fee?

Accepted Answer

The initial franchise fee for Ford's Garage is $50K.

Question 3

What are the net worth requirements for a Ford's Garage franchise?

Accepted Answer

Net worth requirements for Ford's Garage are specified in the Franchise Disclosure Document.

Question 4

Does Ford's Garage require a personal guarantee?

Accepted Answer

Yes, Ford's Garage requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Ford's Garage franchise?

Accepted Answer

Equipment costs for a Ford's Garage franchise range from $1.0M to $1.3M. Initial inventory costs range from $60K to $100K.