What does a iDropped Franchise Cost?
iDropped franchise fees for 2024:
Cash Investment: $35,000
Total Investment: $60,100 to $119,089,
Minimum Net Worth: $125,000
Franchise Fee: $30,000
Royalty: 6%
Ad: 2%, but not currently collecting it
Average Number of Employees: 2.5
Item 19: Yes
SBA Approved: Yes
Passive Ownership: No
Home Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes
Is iDropped a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. iDropped is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is iDropped a Home Based franchise?
No. iDropped is not a home based franchise opportunity.
What Do iDropped Franchise Owners Make?
Click here to find out how much iDropped franchisees make. iDropped offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is iDropped a Master Franchise Opportunity?
No. iDropped is not a master franchise opportunity.
Does iDropped Offer a Veteran Discount?
Yes. iDropped franchise does offer a veteran discount.
Does iDropped Work with E2 Visa and EB-5 Visa Candidates?
No. iDropped franchise does not work with E2 Visa and EB-5 Visa candidates.
Is iDropped Looking for Franchisees in Canada?
No. iDropped franchise is not looking for Canada franchisees.
Is iDropped Looking for International franchisees?
No. iDropped franchise is not looking for International franchisees.
Where can I see iDropped'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.