What does a PayMore Franchise Cost?
PayMore franchise fees for 2023:
Cash Investment: $100,000
Total Investment: $184,050 - $299,950
Minimum Net Worth: $500,000
Franchise Fee: $30,000
Royalty: The greater of 4% of the Gross Sales or $1,000 per
Ad: 2% of Gross Sales
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Master Franchise Opportunities: Yes
Veteran Discount: No
Is PayMore a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. PayMore 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 PayMore a Home Based franchise?
No. PayMore is not a home based franchise opportunity.
What Do PayMore Franchise Owners Make?
Click here to find out how much PayMore franchisees make. PayMore offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is PayMore a Master Franchise Opportunity?
Yes. PayMore is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does PayMore Offer a Veteran Discount?
No. PayMore franchise does not offer a veteran discount.
Does PayMore Work with E2 Visa and EB-5 Visa Candidates?
Yes. PayMore franchise does work with E2 Visa and EB-5 Visa candidates.
Is PayMore Looking for Franchisees in Canada?
Yes. PayMore franchise is looking for Canada franchisees.
Is PayMore Looking for International franchisees?
Yes. PayMore franchise is looking for International franchisees.
Where can I see PayMore'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.