Yes! We would love the opportunity to expand 16 Handles internationally with you. Please contact us for further details.
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Can I open a 16 Handles location internationally?
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What markets are currently open for franchising?
All markets are currently available for franchising, and any market-specific limitations can be reviewed following your initial outreach.
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What kind of support will I receive if I open a franchise?
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.
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How will my store perform financially?
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.
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How do I get supplies for my store?
16 Handles’ distribution network supplies all necessary product/material support.
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How long will it take to open a 16 Handles store?
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.
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What is the recommended size for a 16 Handles store?
Between 350 and 1,500 sq. ft. with additional 200 sq. ft. for storage depending on the location.
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What are the financial requirements of an approved franchisee?
Liquid Assets: $300,000; Minimum Net Worth: $500,000
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What are the royalty and marketing fees?
Royalties: 6% of gross sales
Marketing/Brand Development fee: 2% of gross sales -
What is the franchise fee for a 16 Handles store?
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.