Question 1

How much does it cost to open a Training Mate franchise?

Accepted Answer

The total initial investment for a Training Mate franchise ranges from $223K to $557K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Training Mate franchise fee?

Accepted Answer

The initial franchise fee for Training Mate is $50K.

Question 3

What are the net worth requirements for a Training Mate franchise?

Accepted Answer

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

Question 4

Does Training Mate require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Training Mate franchise?

Accepted Answer

Equipment costs for a Training Mate franchise range from $20K to $70K. Initial inventory costs range from $7K to $15K.