Question 1

How much does it cost to open a HobbyTown franchise?

Accepted Answer

The total initial investment for a HobbyTown franchise ranges from $350K to $620K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the HobbyTown franchise fee?

Accepted Answer

The initial franchise fee for HobbyTown is $50K.

Question 3

What are the net worth requirements for a HobbyTown franchise?

Accepted Answer

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

Question 4

Does HobbyTown require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a HobbyTown franchise?

Accepted Answer

Equipment costs for a HobbyTown franchise range from $40K to $80K. Initial inventory costs range from $150K to $300K.