What does a Challenge Island Franchise Cost?
Challenge Island franchise fees for 2024:
Cash Investment: $44,900
Total Investment: $50,100 to $59,150
Minimum Net Worth: $100,000
Franchise Fee: $44,900
Royalty: 7% ($400/mo minimum)
Ad: 2%
Average Number of Employees: 1-2
Item 19: No
SBA Approved: Yes
Home Based: Yes
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes
Is Challenge Island a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Challenge Island 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 Challenge Island a Home Based franchise?
Yes. Challenge Island is a home based franchise opportunity.
What Do Challenge Island Franchise Owners Make?
This information is not available. Challenge Island does not offer an Item 19 in their Franchise Disclosure Document.
Is Challenge Island a Master Franchise Opportunity?
No. Challenge Island is not a master franchise opportunity.
Does Challenge Island Offer a Veteran Discount?
Yes. Challenge Island franchise does offer a veteran discount.
Does Challenge Island Work with E2 Visa and EB-5 Visa Candidates?
Yes. Challenge Island franchise does work with E2 Visa and EB-5 Visa candidates.
Is Challenge Island Looking for Franchisees in Canada?
No. Challenge Island franchise is not looking for Canada franchisees.
Is Challenge Island Looking for International franchisees?
No. Challenge Island franchise is not looking for International franchisees.
Where can I see Challenge Island'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.