What does a 16 Handles Franchise Cost?
16 Handles franchise fees for 2023:
Initial Investment: $228,250 - $671,000
Franchise Fee: $30,000
Royalty fee: 6%
Advertising: 2%
Cash Requirement: $300,000
Minimum Net Worth: $500,000
Fees for additional stores: $20,000 - $25,000
Is 16 Handles a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. 16 Handles is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is 16 Handles a Home Based franchise?
No. 16 Handles is not a home based franchise opportunity.
What Do 16 Handles Franchise Owners Make?
Click here to find out how much 16 Handles franchisees make. 16 Handles offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is 16 Handles a Master Franchise Opportunity?
Yes. 16 Handles is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does 16 Handles Offer a Veteran Discount?
No. 16 Handles franchise does not offer a veteran discount.
Is 16 Handles Looking for Franchisees in Canada?
No. 16 Handles franchise is not looking for Canada franchisees.
Is 16 Handles Looking for International franchisees?
No. 16 Handles franchise is not looking for International franchisees.
Where can I see 16 Handles's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.