I know franchisers typically want personal assets in the low-to-mid six figures to get started.
A former co-worker had a friend who became a burrito chain franchisee.
Last I heard it was running like a machine and he had already stepped back out of day-to-day management after the chaos of initial build-out and first phase of operations. I think the franchiser wanted him to open up more locations but he was doing well enough with the first that he felt no need to rush into it.
Of course I was told his family was rich and that's where he got the fundage (and he was idle before that), so . . .
A former co-worker had a friend who became a burrito chain franchisee.
Last I heard it was running like a machine and he had already stepped back out of day-to-day management after the chaos of initial build-out and first phase of operations. I think the franchiser wanted him to open up more locations but he was doing well enough with the first that he felt no need to rush into it.
Of course I was told his family was rich and that's where he got the fundage (and he was idle before that), so . . .