BIG FROG Franchise Fee, Revenue, And Profit Margin
The Big Frog Franchise opportunity is an avenue for you as an entrepreneur to indulge yourself in a very lucrative investment opportunity. The company specializes in the provision of unique custom services that involve sales of t-shirts that are designed specifically to suit the clients’ needs. With their popularity among fashion lovers across the United States, so many franchise buyers seek to know how much is a Big Frog franchise.
FRANCHISE INFORMATION ABOUT THE COMPANY
Big Frog company deals in retailing custom made T-shirts and clothing. The company utilizes cutting-edge and advanced eco-friendly techniques to make affordable customized printing on clothing materials of any quantity.
Customers are not charged extra costs for the services the company renders. No extra set-up charge, no art design charge, and no screen printing charge. This is what makes their services quite affordable and the customer gets great quality products and services.
IS BIG FROG A FRANCHISE?
Big Frog is a franchise in that they offer franchise opportunities to prospective franchisees and they have been doing so since 2008, giving them 9 years of franchising experience that bothers on a highly workable franchise model.
WHY SHOULD I BUY A BIG FROG FRANCHISE?
It will interest you to know that Big Frog is the only franchise opportunity of its kind in the United States. They are the only chain that operates in the Direct-to-Garment franchise niche. The company boasts to be the business with the most fun offered to both clients and staff.
Franchise owners with Big Frog have success stories to relate to prospective franchisees and you have the opportunity to own a franchise that has minimal working hours with great flexibility.
The investment needed to buy into the company’s franchise opportunity is minimal with also an on-going minimum overhead and operating costs.
HOW MUCH MONEY CAN I MAKE WITH BIG FROG FRANCHISE?
You cannot easily predict the level of revenue you can make buying into the Big Frog Franchise, although you can get estimated figures of existing franchise units from the company’s franchise document. The company also links every prospective franchisee with existing owners to have more discussion on their experience with the company.
HOW MUCH DOES A BIG FROG FRANCHISE COST?
As a prospective Big Frog Franchisee, you will need to have working capital in the tune of $50,000 by the time your store is opened. It is also estimated that the cost of the store building, equipment, furniture, fixtures, signage, inventory, and the cost you will incur to attend the company’s training will be about $100,000. You will also be expected to have a net-worth requirement of about $250,000.
BIG FROG FRANCHISE FEE
The Big Frog Franchise cost will also have the Big Frog Franchise fee included and this is the payment you are to make to the company for you to get access to operate under the brand name of the Big Frog franchise. The initial Big Frog franchise fee is $39,500.
An on-going royalty fee of 6% of the monthly gross revenue of your franchise unit is also payable to the company. An additional Ad royalty fee of about 1.5% will also be requested by the company.
TRAINING AND SUPPORT
A new franchisee with the Big Frog franchise will be expected to have passed through a mandatory e-learning class. Afterward will then need to enroll at the Big Frog University where an intensive 5 days of training will be conducted.
At the BFU, the franchisee will be exposed to the concept and process of running a Big Frog Franchise unit. Intensive coaching will be done in the areas of operations, sales and marketing, production, and many more.
Conclusively, a 6-day training will then be conducted at your Big Frog store to assist you to achieve a smooth opening and running of the store. You will also benefit from on-going support both offline and online in the course of your business.
WHO QUALIFIES AS A BIG FROG FRANCHISE OWNER?
For you to qualify as a Big Frog franchise owner, apart from the financial requirement, you will also need to be an individual with the passion to give back to the community.
You are also expected to have a marketing, sales, management, and team-building experience, though not extremely needed as training will be offered to every franchisee of the company.
DOES BIG FROG FRANCHISE OFFER FINANCING?
If you need additional financing to open your franchise unit, Big Frog Inc. Has a special SBA lending plan to help you with funds for your business. The company works with some of the best lenders in the franchise industry. You will need a minimum liquid capital of about $40,000 and so many franchisees with the company have opened their franchise store using the 401(k) funds.
Veterans also benefit from a 10% discount off the initial franchise fee
HOW TO OPEN A BIG FROG FRANCHISE
How do I open a Big Frog franchise? All you need to do is get the necessary information about the company and its franchise opportunities. You can then proceed to the company’s website to submit your application, which will be reviewed by the Big Frog Franchise Manager.
If the company confirms that you qualify for the franchise opportunity, the franchise manager and his team members will then contact you and give you the necessary support you will need to start your Big Frog Franchise unit.