Finimpact

Frequently Asked Questions (FAQ)

How much does it cost to buy a restaurant franchise?
The cost of a franchise will depend on the company that you’re purchasing the franchise from. For example, one of the cheapest franchises is Subway, which costs between $116,000 and $263,000 according to the company. A McDonald’s franchise, on the other hand, costs as much as $2.3 million to open.
Which restaurant franchise makes the most money?
How much money your franchise restaurant will make depends on many factors, including advertising, reputation, the quality of your staff, and more.

One of the franchises that makes the most is Chick-fil-A, which produces an average of more than $4 million in revenue per store.
Do franchise owners have to work?
As the owner of a franchise, you do not have to work and can choose to hire a manager to run your location. However, working at your own franchise will reduce labor costs and help increase your profits.
How do franchise owners get paid?
Franchise owners get paid out of the profits their restaurant receives after paying all of its costs, including royalties, supply costs, and employee wages. The more profit, the more you can get paid.

About the Author

TJ Porter

TJ Porter

Personal Finance Writer

I have in-depth experience in reviewing financial products such as savings accounts, credit cards, and brokerages, writing how-tos, and answering financial questions both simple and complicated.

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