ANSWERS: 1
-
Franchise purchase costs vary according to the industry. Average franchise fees range from $20,000 to $30,000 to license a brand. Additional start-up costs can drive initial franchise costs up to almost $6 million for hotel franchises, and $250,000 to $1 million for fast food franchises.
Source:
All Business: About Franchises
Resource:
International Franchise Association
Copyright 2023, Wired Ivy, LLC