How much money do I need to invest in a franchise?

The amount of money you need varies based on the type of franchise you’re looking to buy into. There are hundreds of franchises at all investment levels with brick and mortar locations costing much more than service-based franchise opportunities. At a minimum, you will need to have at least $50,000 in liquid capital and a net worth (what you own minus what you owe) of at least $300,000. Depending on what you’re looking to get into, your franchise consultant can help you understand the financial requirements of specific brands and industry segments.

Why do franchise companies pay consultants commission?

Franchise companies receive hundreds of inquiries every month from people seeking franchise information. It is an enormous task and requires a large staff to call and screen all these people to find that 1% who are serious, interested, financially qualified, and ready to get started. Franchisors have found it more sensible and less expensive to pay consulting fees to franchise consultants than to support massive advertising and staffing fees for franchisee recruitment. Professional franchise consultants are able to handle these functions and deliver qualified candidates to franchisors that are pre-vetted.

To work with you, do I have to be ready to invest in franchise right now?

No, not at all. Working with me is all about you getting educated and understanding the options in franchising that may make sense for you. If our process of investigation takes one month or two years, it has no bearing on me or my interest in serving you. My goal is to make sure that we make a decision that you will not only be excited about but thrilled about for years because it enables you the lifestyle you deserve and the opportunity to achieve your long-term goals.

How do I know you won’t simply point me towards the franchise options that pay you the most?

Most franchise companies pay about the same for qualified candidates. It’s as if they all know the “going rate” and they stick close to that. Keep in mind that franchisors are looking for quality not quantity. They want people that can be committed to their brand, successful, and who make sure the customer experience is always optimized. Simply, they all have their internal processes for vetting candidates and just because you want to own a specific franchise doesn’t always mean you will be awarded a franchise. Finally, it has taken me the last 35 years to build a reputation in business that I would never risk tarnishing. I have been in business several times in my lifetime and I know what it takes. As a consultant, I consider it a privilege to work with people in this capacity and I appreciate the trust I earn along the way.

Slide Free resource FREE RESOURCE CONSULTATION AND MATCHMAKING PROCESS At Smart Franchise Investing, we have a great process for helping people understand the franchise due diligence process and determine those franchise options that make the most sense for them. This document outlines that process and should be used as a resource as you are working with us so you can make the most of our FREE franchise consultation and matchmaking services. It’s also recommended that you share this document with your spouse or a partner that may be involved in your decision making process. DOWNLOAD Slide The Now Massage FEATURED FRANCHISE THE NOW MASSAGE The NOW is a boutique massage studio and lifestyle brand that provides a space to escape the daily pressures of life. Founded on the idea of being in the moment, The NOW fills the void in the market for a high-quality, affordable massage in a serene setting—without the need to commit to the whole spa experience. From soothing add-ons, to crystal healing, to herbal heat therapy, clients enjoy a customizable luxury experience that doesn’t break the bank. LEARN MORE The Now Investment: $414,850 - $692,600
Franchise Fee: $60,000
Royalty: 6%
Locations: 16 open / 100 sold
Slide FEATURED FRANCHISE NAUTICAL BOWLS FEATURED FRANCHISE NAUTICAL BOWLS Consumers are increasingly seeking healthier eating options and Nautical Bowls has what they’re looking for - fresh açai bowls that are organic, dairy-free, gluten-free and plant-based with no refined sugars. They serve up bowls in two minutes or less packed with superfoods containing essential vitamins and nutrients. With a truly unique product offering, low-cost investment, and highly profitable business model, Nautical Bowls is strongly positioned to be the next healthy fast-casual leader. LEARN MORE NAUTICAL BOWLS Investment: $150,000 - $250,000
Franchise Fee: $30,000
Royalty: 6%
Locations: 7 open / 29 sold
Slide HELLO GARAGE FEATURED FRANCHISE HELLO GARAGE Let’s face it, for most people, the garage is the home’s true front door. So, at Hello Garage, their mission is to transform garages and create remarkable customer experiences — they elevate the garage from cluttered junk drawer to America’s true front door. The possibilities for residential garage transformation are endless, but the Hello Garage franchise currently focuses on concrete floor coatings, storage cabinets and accessories like slat wall and lighting. LEARN MORE HELLO GARAGE Investment: $118,309 - $159,679
Franchise Fee: $49,500
Royalty: 6%
Locations: 29 open / 100 sold
Slide FREE CHECKLIST FREE RESOURCE THE ULTIMATE FRANCHISE BUYERS CHECKLIST New to franchising and not sure how to best investigate a franchise opportunity? Not all franchise companies are created equal and not all franchises are the right fit for you. My Ultimate Franchise Buyers Checklist breaks your investigation down into logical categories and provides you with the specific questions to ask and things to look for when buying a franchise. I welcome you to download our FREE CHECKLIST and urge you to read this document BEFORE making a decision to buy a franchise. DOWNLOAD Slide PREMIER MARTIAL ARTS FEATURED FRANCHISE PREMIER MARTIAL ARTS Founded in 2004, PMA is the leader in the martial arts industry due to its; low start up costs, proven documented systems, strong leadership, successful franchise owners, and exceptional unit level economics. PMA is focused on teaching children lessons of success such as; focus, discipline, respect, confidence, leadership, etc. Helping them become good citizens, increasing their focus, getting physical exercise, and obtaining goals. LEARN MORE PREMIER MARTIAL ARTS Investment: $108,476 - $318,237
Franchise Fee: $49,500
Royalty: 7%
Locations: 175 open / 632 sold
Slide TEAMLOGIC IT FEATURED FRANCHISE TEAMLOGIC IT Virtually every small business in the country depends on technology to operate – computers, email, security, data backup, networks, and more. When their technology stops working, so does their business. TeamLogic IT franchisees provide comprehensive outsourced IT services to small and medium-sized businesses. Services include everything from simple maintenance and repair for very small businesses, all the way to complex computer and network solutions for larger sized customers. LEARN MORE TEAMLOGIC IT Investment: $110,000 - $175,000
Franchise Fee: $45,000
Royalty: 7%
Locations: 236 open
Can I continue to look for and inquire about franchises on my own while you are my consultant?

Absolutely! You might want to let me know of franchises you find interesting so I can research them for you.

What if I already know which franchise I want? Can you still help me?

Yes, of course. I am here to educate and support you in the franchise buying process. If you find a franchise that you like, then by all means, let’s investigate it. I may also share with you some intelligent options that may share similar characteristics yet seem to be more in alignment with criteria we’ve determined is important to you. I think it’s smart to shop around because you will learn a little bit more with every discussion and each discussion will bring you closer to what you really want.

Am I under any obligation to invest in a franchise if you are my consultant?

Absolutely NOT! I serve at your pleasure. You can discontinue working with me at any time and for any or no reason. You and I do NOT sign any binding agreement together.

Why should I use a franchise consultant to help?

First of all, my services are 100% free to you. No gimmicks. Why wouldn’t you want a 30+ year franchising veteran on your side to help you with a process that isn’t easy? I am here to not only educate you, but help you understand which franchise opportunities will be the best fit for you, and not just those that you may be able to afford, but those that you can have a passion for and enjoy building. Most importantly, we need to find you a business that can support your income goals and help you build your wealth.

What if I have a question that isn’t in your frequently asked questions?

That happens often. I welcome you to complete my contact form and put that question in the message field. I will get back as soon as possible.