- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$156K - $372K
- Units as of 2024
-
4 0.0% over 3 years
Company Overview
About Monstore
Industry | Services (Other) |
---|---|
Related Categories | Miscellaneous Services |
Founded | 2019 |
Parent Company | LSE Ltd |
Leadership | Gerald Verner, CEO |
Corporate Address |
14460 Falls of Neuse Rd., #149-343 Raleigh, NC 27614 |
Business Overview
Franchising Since | 2024 (0 years) |
---|---|
# of employees at HQ | 6 |
Where seeking |
This company is offering new franchises in the following US states: Georgia, North Carolina, South Carolina This company is offering new franchises in the following international regions: Europe (Western) |
# of Units | 4 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Monstore 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
|
$50,000 |
---|---|
Initial Investment
|
$155,800 - $372,000 |
Net Worth Requirement
|
$400,000 |
Cash Requirement
|
$200,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
20 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 8 hours |
---|---|
Classroom Training | 3 hours |
Ongoing Support |
Grand Opening
Online Support
Field Operations
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 1-2 |
Are exclusive territories available?
|
Yes |
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