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The start-up cost is between $228,250 and $671,000, including a $30,000 franchise fee due upon signing, but this cost varies depending on the size, location, and existing condition of the proposed space and on other factors.

Depending on how many locations you plan to open, the franchise fee for the first location is $30,000 with fees for additional stores between $20,000 and $25,000.

Royalties: 6% of gross sales
Marketing/Brand Development fee: 2% of gross sales

Liquid Assets: $300,000; Minimum Net Worth: $500,000

Between 350 and 1,500 sq. ft. with additional 200 sq. ft. for storage depending on the location.

Several factors determine the time it takes to open a store including whether a location has been identified, the existing conditions of the location and construction. Once a franchise agreement has been signed, it usually takes between four and six months to open your store.

16 Handles’ distribution network supplies all necessary product/material support.

Local costs such as buildout, labor, and rent will vary and impact financial performance. As disclosed in Item 19 or our Franchise Disclosure Document, our top 50% of stores average $801,835 in net sales with the median store with sales of $838,431. These sales figures are for stores open for the entire 2018 calendar year.

16 Handles provides very hands-on support from the site selection process to the grand opening and beyond. As a 16 Handles franchisee, you are truly a partner and will work closely with the franchising team including the founders of the company. During the site selection process, we will work together to understand the local market and to determine the best location for your 16 Handles store. You will then work with our team to create the optimal store layout and design. You and your managers will receive training at a corporate location for up to two weeks and receive pre-opening assistance at your own location. You will also have access to all 16 Handles’ trademarks, approved suppliers and our exclusive operational tools including our operations manual.

All markets are currently available for franchising, and any market-specific limitations can be reviewed following your initial outreach.

Yes! We would love the opportunity to expand 16 Handles internationally with you. Please contact us for further details.