Question 1

How much does it cost to open a Monkee's franchise?

Accepted Answer

The total initial investment for a Monkee's franchise ranges from $297K to $535K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Monkee's franchise fee?

Accepted Answer

The initial franchise fee for Monkee's is $60K.

Question 3

What are the net worth requirements for a Monkee's franchise?

Accepted Answer

Net worth requirements for Monkee's are specified in the Franchise Disclosure Document.

Question 4

Does Monkee's require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Monkee's franchise?

Accepted Answer

Equipment costs for a Monkee's franchise range from $30K to $40K. Initial inventory costs range from $75K to $100K.