Question 1

How much does it cost to open a Mr. Charlie's Told Me So franchise?

Accepted Answer

The total initial investment for a Mr. Charlie's Told Me So franchise ranges from $283K to $697K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Mr. Charlie's Told Me So franchise fee?

Accepted Answer

The initial franchise fee for Mr. Charlie's Told Me So is $35K.

Question 3

What are the net worth requirements for a Mr. Charlie's Told Me So franchise?

Accepted Answer

Net worth requirements for Mr. Charlie's Told Me So are specified in the Franchise Disclosure Document.

Question 4

Does Mr. Charlie's Told Me So require a personal guarantee?

Accepted Answer

Yes, Mr. Charlie's Told Me So requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Mr. Charlie's Told Me So franchise?

Accepted Answer

Equipment costs for a Mr. Charlie's Told Me So franchise range from $32K to $57K. Initial inventory costs range from $23K to $52K.