What are the financial requirements to become an Oil & Vinegar franchisee?
What are the financial requirements to become an Oil & Vinegar franchisee? For a single store, you will need a strong credit history as well as a minimum recommended net worth of $250K of which $60K is liquid. To be a multi-unit franchise owner or a regional developer, the requirement is a minimum net worth of $500K of which $100K must be liquid. Preferably, there will be a secondary source of income to cover personal living and business expenses during the start up phase of the business. The overall cost to open a single store varies significantly based on a number of factors. See further information on start-up investment below .