A Look at the Investment into Your Future
The franchise industry has a higher success rate than going it alone because franchising means minimizing the risk of being an "independent owner" and becoming part of a team committed to building a brand and dominating the market. It also means group buying power to cut your operating expenses and predictable results thanks to our tried-and-true systems.
Honey Do Franchising Group has several approved vendors to help with a multitude of financing options. If you're moving forward on your own, a tip to the wise: Do not let anyone pull your credit until you have a clear view of the options available to you and how they can catalyze your success. Feel free to contact us - we'd love to help you understand the financing options that fit your needs
Ask us about our Veteran's discount and in-house financing options. You may be eligible for a $2,000 discount if you already hold your correct and applicable contractor's license.
These items reflect the investment into the brand and grant you access to your marketing materials, personal business coaches, exclusive territory, website, employee benefits, payroll/HR departments, and much more.
These items reflect your investment into yourself in the form of business assets. This amount varies depending on assets you already have and personal taste when purchasing for your business.
|Equipment, Furniture, and Fixtures||$0 to $1,500|
|Rent - 3 Months||$900 to $,3500|
|Leasehold Improvements||$0 to $1,000|
|Signage||$200 to $2,000|
|Opening Inventory||$0 to $1,000|
|Grand Opening Advertising||$5,000|
|Travel & Initial Training||$500 to $2,500|
|Insurance - 3 Months||$1,200 to $2,500|
|Blue Prints and Plans||$0 to $500|
|Utility and Security Deposits||$0 to $1,000|
|Professional Fees||$0 to $1,000|
|Permits and Licenses||$100 to $1,000|
|Computer System||$0 to $1,400|
|Additional Funds - 3 Months||$5,000 to $20,000|
|Vehicles||$1,700 to $3,800|
|Vehicle Wraps||$1,600 to $2,4000|
|Total||$64,200 to $98,100|
A more detailed breakdown of this list can be found in item 7 of our Franchise Disclosure Document (FDD) which has been audited by a third party for accuracy.
Our royalty fees are a fixed 6% of your gross sales (less than most sales tax), and there is no minimum royalty payment. Because our royalties are based on your sales, we look at it like a commission based coaching system and you can be certain we're fully committed to the growth and success of your business. We've also taken steps to ensure our royalty collection process is seamless and supports your cash flow. Watch this video to learn what our Kingsport, TN franchisee Gregg Goldstein thinks about our royalty process: