This video and post is basically going to give you some insight on what it takes to start a franchise
you should do more extensive research if your looking to start this business.
I love coffee and Dunkin Donuts is one of my favorite spots to grab a coffee drink and a couple donuts when I feel like switching up my routine. I can see why this is such a highly sought after brand and why its so profitable.
Dunkin Donuts have been franchising since 1955 so I’m pretty sure they know how to do it. In order to open your own Dunkin’ Donuts franchise, there are certain financial requirements that you should meet.
In order to open a Dunkin’ Donuts franchise, you must have a net worth of $500,000 and at least $250,000 in liquid assets. Depending on the type of unit you are looking to franchise you will be required to pay an initial franchising fee that ranges from $40,000 to $90,000.
Expect to spend between $134,600 and $1,611,100 as your initial investment for a new restaurant. This does not include real estate costs. Not only do you have to have the right amount of money
to be able to franchise a dunkin donuts but you also need to have experience with running a business especially experience in the food industry.
What Kind Person Franchises A Dunkin Donuts ?
Dunkin’ Donuts looks for candidates for franchising that have prior restaurant management or food service operations experience. So as you can see starting a Dunkin Donuts is not for the faint of heart you need a rally good amount of capital and you also need experience. It’s not one of those franchises that will send you away to get training from scratch.
If you want to learn more about starting a dunkin donuts franchise go to dunkindonuts.com to gain more insight.
Now if you want to learn how to build business credit in 5 easy steps click here
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How to buy a Dunkin Donuts Franchise
