What does a GLO30 Franchise Cost?
GLO30 franchise fees for 2024:
Mult-iunit Initial Investment Costs (5
min): $376,500 -
$734,500
Minimum Liquid Capital Available to Invest Today: $500,000+
Minimum Net Worth: $1,000,000+
Franchise Fee: $45,000
Royalty: 6%
Local Ad: 1% / Worldwide Ad: 2%
Item 19: Yes
Average Number of Employees: 5-10, depending on # of rooms
Visa Candidates: No
Passive Ownership: No (possibly under strong management)
Semi-Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: Yes
Is GLO30 a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. GLO30 is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is GLO30 a Home Based franchise?
No. GLO30 is not a home based franchise opportunity.
What Do GLO30 Franchise Owners Make?
Click here to find out how much GLO30 franchisees make. GLO30 offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is GLO30 a Master Franchise Opportunity?
No. GLO30 is not a master franchise opportunity.
Does GLO30 Offer a Veteran Discount?
No. GLO30 franchise does not offer a veteran discount.
Does GLO30 Work with E2 Visa and EB-5 Visa Candidates?
No. GLO30 franchise does not work with E2 Visa and EB-5 Visa candidates.
Is GLO30 Looking for Franchisees in Canada?
No. GLO30 franchise is not looking for Canada franchisees.
Is GLO30 Looking for International franchisees?
No. GLO30 franchise is not looking for International franchisees.
Where can I see GLO30's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.