Franchise FAQ

how much is the franchise for blimpie

by Kurtis Conroy Jr. Published 2 years ago Updated 1 year ago
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The sandwich franchise costs associated with opening a traditional Blimpie franchise are estimated to run between $232,770 - $524,325. The costs associated with opening a non-traditional Blimpie franchise are estimated to run between $74,780 - $335,700.

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How much does it cost to franchise a Blimpie?

Blimpie Franchise Costs & FeesName of FeeLowHighFranchise Fee$5,520$19,900Rent/Security Deposit (3 months)$3,000$15,000Travel and Living Expenses (2 people) while training, not including salaries, if any, for franchisees and their employees$3,000$7,500Real EstateVaries14 more rows

What is the cost of a Subway franchise?

How much is the franchisee fee? The initial franchise fee ranges from $10,000 - $15,000* (US dollars) depending on your country.

Why did Blimpie go out of business?

A main factor in this decline was that the subfranchiser rights to the Blimpie Subs chain had largely been sold by the mid-1990s, thus bringing a halt to what had been a steady stream of income, and by the turn of the 2000s, Blimpie International was struggling.

How much does it cost to start up a Jack in the Box franchise?

Jack in the Box Franchise Fee When you sign the Franchise Agreement, you must pay the Company an Initial Franchise Fee. The Initial Franchise Fee at Jack in the Box is $50,000 for each franchised restaurant, plus any tax or other fee imposed upon the Company due to the collection of the Initial Franchise Fee.

What does a Taco Bell franchise cost?

Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant.

What franchise makes the most money?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

Is Blimpie or subway better?

Subway undoubtedly has this chain beat with its fresh bread and ingredients, but Blimpie is okay if you're looking for a decent sandwich that has similar flavors as the previous chain. This chain does get points for its long-running history and a generous serving of vegetables, but that's about it.

Who is the owner of Blippi?

Stevin JohnPersonal informationAlso known asBlippi, Steezy GrossmanChannelBlippiVideosYears active2014–present8 more rows

How old is Blippi now?

34 years (May 27, 1988)Stevin John / Age

How much does Wendy's franchise cost?

What does the initial franchisee fee cover? Does it include start-up supplies and training? The standard franchise fee is $50,000 for a franchise agreement with a term of 20 years.

What is the cost of a Starbucks franchise?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

What is the cost of McDonald's franchise?

Documents- ID cards, lease documents, etc. Franchise Investment Cost- In India, if anyone wants to start a McDonald's franchise in India, then their net worth should be between INR 10 to 15 Crore. Also, assets worth INR 5 Crore should be in the form of cash or liquid assets.

How much does a Subway owner make a year?

The average salary for an Owner is $121,868 per year in United States, which is 35% higher than the average Subway salary of $90,272 per year for this job.

Is owning a Subway franchise profitable?

In 2021, Subway saw a 21.3% increase in revenue, growing from $634 million in 2020 to $769 million in 2021. Based on the average sales calculated above, at an average of a 15% profit margin, it will take approximately 7.3 years to recoup your investment, which is longer than most franchise opportunities.

How much does a McDonald's franchise cost?

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

How can I open a Subway?

How to Open a Subway Sandwich ShopRequest a Subway franchise kit through the website. The kit does not obligate you to open a store. ... Secure financing. ... Submit a franchise application. ... Finalize the franchise agreement. ... Attend training. ... Find a location. ... Apply for permits and licenses. ... Organize the store layout.More items...

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