Question 1

How much does it cost to open a YEL (Youth Enrichment League) franchise?

Accepted Answer

The total initial investment for a YEL (Youth Enrichment League) franchise ranges from $45K to $72K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the YEL (Youth Enrichment League) franchise fee?

Accepted Answer

The initial franchise fee for YEL (Youth Enrichment League) is $23K.

Question 3

What are the net worth requirements for a YEL (Youth Enrichment League) franchise?

Accepted Answer

Net worth requirements for YEL (Youth Enrichment League) are specified in the Franchise Disclosure Document.

Question 4

Does YEL (Youth Enrichment League) require a personal guarantee?

Accepted Answer

Yes, YEL (Youth Enrichment League) requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a YEL (Youth Enrichment League) franchise?

Accepted Answer

Equipment costs for a YEL (Youth Enrichment League) franchise range from $200 to $2K. Initial inventory costs range from $4K to $4K.