- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$285K - $422K
- Units as of 2015
-
14
Company Overview
About We Olive Franchising LLC
Industry | Food |
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Related Categories | Miscellaneous Food/Beverage Businesses |
Founded | 2003 |
Parent Company | www.weolive.com |
Leadership | Frank Mercurio, CEO |
Corporate Address |
484 Marquita Ave. Paso Robles, CA 93446 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2005 (19 years) |
---|---|
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 14 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a We Olive Franchising LLC franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$285,000 - $421,500 |
Net Worth Requirement
|
$600,000 |
Cash Requirement
|
$100,000 - $150,000 |
Veteran Incentives
|
$5,000 off franchise fee |
Royalty Fee
|
6% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | We Olive Franchising LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, inventory, accounts receivable, payroll |
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Operations
Additional details about running this franchise.
Can this franchise be run from home/mobile unit?
|
No |
---|---|
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
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