Question 1

How much does it cost to open a Sir Speedy franchise?

Accepted Answer

The total initial investment for a Sir Speedy franchise ranges from $247K to $299K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Sir Speedy franchise fee?

Accepted Answer

The initial franchise fee for Sir Speedy is $55K.

Question 3

What are the net worth requirements for a Sir Speedy franchise?

Accepted Answer

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

Question 4

Does Sir Speedy require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Sir Speedy franchise?

Accepted Answer

Equipment costs for a Sir Speedy franchise range from $64K to $64K.