Question 1

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

Accepted Answer

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

Question 2

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

Accepted Answer

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

Question 3

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

Accepted Answer

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

Question 4

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

Accepted Answer

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

Question 5

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

Accepted Answer

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