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Thread: Franchise %
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Old 07-31-2007, 07:01 AM
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I think some thought will be needed to figure out what franchise % you can charge.

When Kinko's was starting, they kept the initial franchise fee relatively low, it was $2000 in the earlier 1970's but Paul 'the owner' thought it was wise to have some type of fee to keep people out that weren't really interested in the idea and interested in working hard.

That is why I was thinking the fee should be low for Tiger Time as well. Since it really is new and unproven, you may need to show some projected income $ amounts to attract potential buyers on request.

How much they can expect to make with the franchise.

You may even want to have the first couple close in proximity to you and have their initial franchise fee waived. Just to get the ball rolling.
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