Question 1

How much does it cost to open a MILIO'S Sandwiches franchise?

Accepted Answer

The total initial investment for a MILIO'S Sandwiches franchise ranges from $131K to $445K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the MILIO'S Sandwiches franchise fee?

Accepted Answer

The initial franchise fee for MILIO'S Sandwiches is $15K.

Question 3

What are the net worth requirements for a MILIO'S Sandwiches franchise?

Accepted Answer

Net worth requirements for MILIO'S Sandwiches are specified in the Franchise Disclosure Document.

Question 4

Does MILIO'S Sandwiches require a personal guarantee?

Accepted Answer

Yes, MILIO'S Sandwiches requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a MILIO'S Sandwiches franchise?

Accepted Answer

Equipment costs for a MILIO'S Sandwiches franchise range from $40K to $112K. Initial inventory costs range from $5K to $7K.