What does a Snapology Franchise Cost?
Snapology franchise fees for 2023:
Cash Investment: $25,000 or $40,000 depending on mobile business
Total Investment: $49,500- $67,100 for mobile and $181,000-$289,000
Minimum Net Worth: $150,000
Franchise Fee: $25,000 or $40,000 depending on mobile business or
Royalty: 7% of monthly gross, minimum in year 1 $600/mo, year 2
$700/mo, year 3 $800/mo, year 4 $900/mo, year 5 $1,000/mo, year 6
$1,100/mo for remaider of contract
Average Number of Employees: 15
Item 19: Yes
SBA Approved: Yes
Passive Ownership: Yes
Home Based: Yes (with optional brick & mortar and bus add-ons)
Master Franchise Opportunities:International only
Is Snapology a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Snapology is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Snapology a Home Based franchise?
Yes. Snapology is a home based franchise opportunity.
What Do Snapology Franchise Owners Make?
Click here to find out how much Snapology franchisees make. Snapology offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Snapology a Master Franchise Opportunity?
Yes. Snapology is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Snapology Offer a Veteran Discount?
Yes. Snapology franchise does offer a veteran discount.
Does Snapology Work with E2 Visa and EB-5 Visa Candidates?
Yes. Snapology franchise does work with E2 Visa and EB-5 Visa candidates.
Is Snapology Looking for Franchisees in Canada?
Yes. Snapology franchise is looking for Canada franchisees.
Is Snapology Looking for International franchisees?
Yes. Snapology franchise is looking for International franchisees.
Where can I see Snapology'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.