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I had the same reaction. I was looking at investing in franchises and they range from initial cash investments if $400k to $600k for one restaurant. And, like y
by Fezzik 9y ago
I had the same reaction. I was looking at investing in franchises and they range from initial cash investments if $400k to $600k for one restaurant. And, like you hint at, these are behemoths that have networks of fine-tuned resources. Also, this information is astonishingly easy to find, so getting the gist of what opening a restaurant costs is stupidly simple.
For example Dairy Queen requires:
Investment Range: $779,675 – $1,729,160
Liquid Capital Requirement: $400,000
Net Worth Requirement: $750,000
https://www.dairyqueen.com/us-en/Company/Franchise-With-Us/Store-Types-Markets/ https://www.dairyqueen.com/us-en/Company/Franchise-With-Us/S...
- mikeash 9y agoThanks for putting some concrete numbers behind my vague recollection!