GITNUX MARKETDATA REPORT 2024
Statistics About The Most Expensive Franchise To Open
The most expensive franchise to open typically requires an initial investment ranging from $1 million to $5 million.
In this post, we will explore the initial investment requirements of various franchises, ranging from fast-food giants like McDonald’s and Subway to hotel chains like Hilton Hotels & Resorts. Understanding the financial commitments needed to open different franchise opportunities can provide valuable insights for aspiring entrepreneurs seeking to enter the world of franchising.
Statistic 1
"To open a McDonald's franchise, estimates range from $1 to $2.3 million excluding leasehold improvements and land or lease costs."
Statistic 2
"Within the hotel industry, Hilton Hotels & Resorts ask for a liquid capital of $60 million."
Statistic 3
"Sonic Drive-In franchise cost varies but generally ranges from $1.24 - $3.54 million."
Statistic 4
""7-Eleven" is among the cheapest franchises to open, with minimum liquid capital requirements of $250,000."
Statistic 5
"Taco Bell requires a net worth of $1.5 million with $750,000 in liquid assets."
Statistic 6
"Wingstop has an initial franchise fee of up to $20,000, overall start-up costs can total up to $733,000."
Statistic 7
"A KFC franchise requires an investment between $1.3 million to $2.6 million."
Statistic 8
"Subway is considered one of the cheapest major fast-food restaurants to franchise at a low cost of around $150,000."
Statistic 9
"To open a Starbucks franchise, the estimated total investment tends to be a high $1,000,000."
Statistic 10
"The total cost to open a Dunkin Donuts franchise typically ranges from $109,700 to $1,637,700."
Statistic 11
"A Jimmy John’s franchise fee is approximately $35,000, with total start-up fees ranging from $329,500 to $557,500."
Statistic 12
"Panera Bread requires an initial investment of $942,000 to $1.76 million to open a franchise."
Statistic 13
"The total initial investment necessary to begin operation of a Krispy Kreme store franchise ranges from $275,000 to $1,911,250."
Statistic 14
"Dunkin' Donuts requires a net worth of $500,000 and liquid assets of at least $250,000 per unit."
Statistic 15
"Carl's Jr. requires prospective franchisees to have a minimum net worth of $1,000,000 and $300,000 in liquid assets."