What does a Woops! Franchise Cost?
Woops! franchise fees for 2024:
Veterans incentive: Yes: 10% discount on franchise fee
Cash Requirement: $50,000 - $150,000
Initial Franchise Fee: $25,000
Royalty Fee: 4%
Net Worth Requirement: $200,000 - $400,000
Initial Investment: $79,875 - $365,675
Financing options: Yes
Is Woops! a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Woops! 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 Woops! a Home Based franchise?
No. Woops! is not a home based franchise opportunity.
What Do Woops! Franchise Owners Make?
Click here to find out how much Woops! franchisees make. Woops! offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Does Woops! Offer a Veteran Discount?
Yes. Woops! franchise does offer a veteran discount.
Is Woops! Looking for Franchisees in Canada?
No. Woops! franchise is not looking for Canada franchisees.
Is Woops! Looking for International franchisees?
No. Woops! franchise is not looking for International franchisees.
Where can I see Woops!'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.