Question 1

How much does it cost to open a The Ten Spot franchise?

Accepted Answer

The total initial investment for a The Ten Spot franchise ranges from $378K to $530K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the The Ten Spot franchise fee?

Accepted Answer

The initial franchise fee for The Ten Spot is $50K.

Question 3

What are the net worth requirements for a The Ten Spot franchise?

Accepted Answer

Net worth requirements for The Ten Spot are specified in the Franchise Disclosure Document.

Question 4

Does The Ten Spot require a personal guarantee?

Accepted Answer

Yes, The Ten Spot requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a The Ten Spot franchise?

Accepted Answer

Equipment costs for a The Ten Spot franchise range from $60K to $75K. Initial inventory costs range from $20K to $27K.