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.

With sources from: franchiseinfo.safranchisebrands.co.za, businessinsider.com, forbes.com, restaurantbusinessonline.com and many more

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.

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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."

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Statistic 2

"Within the hotel industry, Hilton Hotels & Resorts ask for a liquid capital of $60 million."

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Statistic 3

"Sonic Drive-In franchise cost varies but generally ranges from $1.24 - $3.54 million."

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Statistic 4

""7-Eleven" is among the cheapest franchises to open, with minimum liquid capital requirements of $250,000."

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Statistic 5

"Taco Bell requires a net worth of $1.5 million with $750,000 in liquid assets."

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Statistic 6

"Wingstop has an initial franchise fee of up to $20,000, overall start-up costs can total up to $733,000."

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Statistic 7

"A KFC franchise requires an investment between $1.3 million to $2.6 million."

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Statistic 8

"Subway is considered one of the cheapest major fast-food restaurants to franchise at a low cost of around $150,000."

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Statistic 9

"To open a Starbucks franchise, the estimated total investment tends to be a high $1,000,000."

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Statistic 10

"The total cost to open a Dunkin Donuts franchise typically ranges from $109,700 to $1,637,700."

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Statistic 11

"A Jimmy John’s franchise fee is approximately $35,000, with total start-up fees ranging from $329,500 to $557,500."

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Statistic 12

"Panera Bread requires an initial investment of $942,000 to $1.76 million to open a franchise."

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Statistic 13

"The total initial investment necessary to begin operation of a Krispy Kreme store franchise ranges from $275,000 to $1,911,250."

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Statistic 14

"Dunkin' Donuts requires a net worth of $500,000 and liquid assets of at least $250,000 per unit."

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Statistic 15

"Carl's Jr. requires prospective franchisees to have a minimum net worth of $1,000,000 and $300,000 in liquid assets."

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Interpretation

Based on the statistics provided, it is evident that the cost of opening a franchise varies significantly across different brands within the fast-food and hospitality industries. From the lowest investment requirement of $150,000 for a Subway franchise to the highest of $60 million for a Hilton Hotels & Resorts franchise, potential franchisees have a wide range of options to consider based on their available capital. The data highlights the importance for aspiring franchise owners to conduct thorough research and financial planning before making any investment decisions to ensure they choose a franchise that aligns with their financial means and goals.

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