Question 1

How much does it cost to open a Long John Silver's franchise?

Accepted Answer

The total initial investment for a Long John Silver's franchise ranges from $691K to $4.2M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Long John Silver's franchise fee?

Accepted Answer

The initial franchise fee for Long John Silver's is $35K.

Question 3

What are the net worth requirements for a Long John Silver's franchise?

Accepted Answer

Net worth requirements for Long John Silver's are specified in the Franchise Disclosure Document.

Question 4

Does Long John Silver's require a personal guarantee?

Accepted Answer

Yes, Long John Silver's requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Long John Silver's franchise?

Accepted Answer

Equipment costs for a Long John Silver's franchise range from $175K to $350K. Initial inventory costs range from $10K to $35K.