Opening Your Own Fast Food Franchise is Expensive

If you’ve ever dreamed of opening up your own fast-food franchise, like McDonald’s or Sonic, you may have to keep dreaming.  As the saying goes, “You have to have money to make money.

 

Delish did a little research and figured out how much it costs to open up a location of America’s favorite fast-food chains.

 

1.  McDonald’s.  40% of the initial costs if it’s a new location, or 25% if it’s an existing location.  So a LOT of money.  Plus, you need a net worth of at least 500 grand.

 

2.  Taco Bell.  $45,000 upfront, and a net worth of $1.5 million.

 

3.  7-Eleven.  It depends on the location.  But the average is about $200,000 to get started.

 

4.  KFC.  A $20,000 down payment, plus a $1.5 million net worth.

 

5.  Burger King.  As low as $15,000.  But your net worth has to be at least $3 million.

 

6.  Sonic.  $45,000 and $1 million in assets.

 

7.  Subway.  Anywhere from $140,000 to $340,000.  But no net worth requirements.

 

8.  Wendy’s.  At least $2 million upfront, plus a $5 million net worth.

 

9.  Arby’s.  At least $315,000 to get started.  Plus a net worth of $1 million.

 

10.  Chick-fil-A.  The down payment is only $10,000.  And they don’t say anything about net worth.  But they’re very selective, and want owners who are “hands-on.”

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