What is the range of investment capital needed to open a franchise, master license or area franchise business outside the U.S.?
• The investment amount varies depending on business costs within a particular country and the size and location of the franchise. Most franchisees obtain start-up financing in countries where interest rates and lending practices are permissible. We also recommend that franchisees have access to sufficient working capital before starting the business. • A master licensee business is significantly larger than a center franchise business in terms of opportunity, responsibility, investment and the size and potential of the territory to be developed. This investment includes costs for opening a pilot center, establishing and maintaining a master licensee management team, adapting models and systems and purchasing the master license rights. • Area franchise investments will generally be between the investment levels for a center franchise and that of a master license. Area franchise investment levels will also vary depending on the size and potential of a particular area franchise territory
