Franchise Fees and Royalties:
Requirements and Costs Statement:
Your Initial Investment can vary depending on your geographic location, your chosen location and condition of your franchise, your choices in design and construction, your rent, other fees related to licensing and permitting, and miscellaneous factors. In our experience, the initial investment required to startup a Wet Willie's ranges from $582,822 to $1,648,092. These costs may vary and include the franchise fee, cost of furniture, fixtures, and equipment, leasehold improvements, initial inventory, pre-opening advertising and other expenses.
While we do allow financing of your Wet Willie's franchise location, we require you finance no more than 80% of those costs. We also require you to have sufficient working capital to maintain your franchise business for at least 90 days once your location has opened. Failure to maintain sufficient working capital throughout the life of your franchise is a material breach of your franchise agreement and will put your franchise business at risk.