WorksheetsHOW MUCH FOR THE FRANCHISE??
Total questions: 12
Worksheet time: 6mins
What is the franchise fee to open a KFC?
$20,000
$45,000
$450,000
$19,000
How much net worth does KFC require you to have in order to start their restaurant franchise?
$500,000 - $700,000
$700,000-1 million
1.5 - 2.5 million
2.5 - 3 million
Which of these holds no minimum net worth requirements, maintains zero startup costs, and charges a meager $10,000 franchise fee - but does charge you 15% of sales and 50% of pretax sales
McDonalds
Hardees
Culvers
Chick Fil A
What's the total investment required to open a Dunkin Donuts?
$228,000 - 1.7 million
Flat fee of $50,000
1.8 - 2 million
$30,000 - $50,000
In addition to startup costs, what franchisees are required to contribute 13 percent from gross total sales each week to cover the costs of royalties (8.5 percent) and advertising (4.5 percent).
Taco Bell
Subway
Dominos
Pizza Hut
What fee is commonly expressed as a percentage of the gross revenue accumulated by a franchisee or sometimes is expressed as a fixed, recurring amount (e.g. $500/month) regardless of revenue figures.
Royalty
Tax
Profit
LLC
How much is the original franchise fee to open a Dominos?
$10,000
$20,000
$30,000
$40,000
Which of these is a privately owned company, and does not offer franchising as an option.
Burger King
Arbys
Kwik Trip
Hardees
What is the average cost of an NFL franchise?
$200,000
1 million
1 billion
3.5 billion
The Dallas Cowboys have the most expensive franchise in the NFL. The value of their franchise in 2021 was...
1.5 billion
645 million
6.5 billion
100 million
The current value of the Minnesota Vikings franchise is...
$100,000
3.35 billion
265 million
18 billion
Many franchise agreements require you to have , which are assets that can easily be converted into cash in a short amount of time. Example: cash, money market accounts, etc.
liquid assets
fluid assets
deposits
savings bonds
