Question 1

How much does it cost to open a Satellite Teams franchise?

Accepted Answer

The total initial investment for a Satellite Teams franchise ranges from $92K to $115K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Satellite Teams franchise fee?

Accepted Answer

The initial franchise fee for Satellite Teams is $70K.

Question 3

What are the net worth requirements for a Satellite Teams franchise?

Accepted Answer

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

Question 4

Does Satellite Teams require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Satellite Teams franchise?

Accepted Answer

Equipment costs for a Satellite Teams franchise range from $0 to $3K.