Question 1

How much does it cost to open a SciGenie franchise?

Accepted Answer

The total initial investment for a SciGenie franchise ranges from $120K to $173K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the SciGenie franchise fee?

Accepted Answer

The initial franchise fee for SciGenie is $35K.

Question 3

What are the net worth requirements for a SciGenie franchise?

Accepted Answer

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

Question 4

Does SciGenie require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a SciGenie franchise?

Accepted Answer

Equipment costs for a SciGenie franchise range from $7K to $11K. Initial inventory costs range from $5K to $10K.