Question 1

How much does it cost to open a Jovie franchise?

Accepted Answer

The total initial investment for a Jovie franchise ranges from $124K to $193K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Jovie franchise fee?

Accepted Answer

The initial franchise fee for Jovie is $50K.

Question 3

What are the net worth requirements for a Jovie franchise?

Accepted Answer

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

Question 4

Does Jovie require a personal guarantee?

Accepted Answer

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

Question 5

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

Accepted Answer

Equipment costs for a Jovie franchise range from $4K to $14K.