Question 1

How much does it cost to open a Jiffy Junk franchise?

Accepted Answer

The total initial investment for a Jiffy Junk franchise ranges from $83K to $130K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Jiffy Junk franchise fee?

Accepted Answer

The initial franchise fee for Jiffy Junk is $45K.

Question 3

What are the net worth requirements for a Jiffy Junk franchise?

Accepted Answer

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

Question 4

Does Jiffy Junk require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Jiffy Junk franchise?

Accepted Answer

Equipment costs for a Jiffy Junk franchise range from $2K to $3K. Initial inventory costs range from $100 to $500.