Time is valuable and owning a franchised business has in many cases required too much time from the owner (franchisee). Being able to diversify assets into Franchising is now very possible with teh Franchisee/Investor Franchise Model
- Think of it like a corporate run unit except the Franchisee owns the franchised business
- Corporate management finds the location, recruits and trains staff, manages the manager, and keeps the books
- Franchisee takes the profit of the business as the owner
- No setup fee charged to franchisee
- Perfect for employed franchisees that have a demanding job and/or time commitment issues. Franchisees looking for an investment, not a time commitment
- Franchisees purchase geographically where they can afford – anywhere in the country. Franchisees do not need to live where thye own
- Cost = 5% of gross revenues in additoin to royalty as normal franchise
- Time commitment for Franchisee = two hours a month
To buy a franchise with Rhino 7 Brands you’ll need a minimum net worth of $300,000 Creative Colors International a franchise fee of $62,500. They also offer a discount for veterans.
