What is the initial franchise fee for Blimpie?

What is the initial franchise fee for Blimpie?

Name of Fee Low ------------------------------------------------------------------------------------------------------------------------- ------ Franchise Fee $5,520 Rent/Security Deposit (3 months) $3,000 Travel and Living Expenses (2 people) while training, not including salaries, if any, for franchisees and their employees $3,000 Real Estate Varies

Is Blimpie out of business?

9. IN THE PAST 15 YEARS, BLIMPIE HAS CLOSED STORES AND CHANGED OWNERSHIP. In 2001, Blimpie was losing revenue and needed to make a change. A private investment group bought Blimpie for $25.7 million, and Conza stepped down from his CEO duties, becoming an advisor in 2002.Sep 13, 2016

How many Blimpie franchises are there?

How much does it cost to own a franchise of Subway?

Subway is one of the cheapest major fast-food restaurants to franchise. Subway's fee for becoming a franchisee is $15,000, and startup costs, which include construction and equipment leasing expenses, range from $116,000 to $263,000, according to the company.Jul 11, 2019

How much does it cost to open a Blimpie?

Name of Fee Low ------------------------------------------------------------------------------------------------------------------------- ------ Franchise Fee $5,520 Rent/Security Deposit (3 months) $3,000 Travel and Living Expenses (2 people) while training, not including salaries, if any, for franchisees and their employees $3,000 Real Estate Varies

Is Blimpie subs still in business?

IN THE PAST 15 YEARS, BLIMPIE HAS CLOSED STORES AND CHANGED OWNERSHIP. ... bought Blimpie. In the decade between 2001 and 2011, Blimpie struggled as it closed over a thousand stores, and its sales went down by more than 60 percent.Sep 13, 2016

How much will franchise cost?

While costs range from less than $10,000 to upwards of $5 million, the majority of franchises run from about $50,000 or $75,000 to about $200,000 to get started.

How much does it cost to franchise with?

Name of Fee Low ----------------------------------------------------- -------------------------------------------------------------------------------------------- Initial Franchise Fee $9,800 for New franchisee $3,195 for Intermediate franchisee $495 for Experienced franchisee Training Expenses $200 Additional Signatories/Associates Training and Travel $0 Office Equipment and Furniture $0

How much do franchises cost?

While costs range from less than $10,000 to upwards of $5 million, the majority of franchises run from about $50,000 or $75,000 to about $200,000 to get started.

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