- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$64K - $86K
- Units as of 2018
-
1 0.0% over 3 years
Company Overview
About Scrubs2Go
Industry | Retail |
---|---|
Related Categories | Apparel & Accessories |
Founded | 2007 |
Leadership | Laura Rhoades, Founder and CEO |
Corporate Address |
2900 N. Dixie Hwy., #201 Oakland Park, FL 33334 |
Business Overview
Franchising Since | 2015 (10 years) |
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# of Units | 1 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Scrubs2Go 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
|
$24,900 |
---|---|
Initial Investment
|
$64,100 - $86,400 |
Net Worth Requirement
|
$24,900 |
Cash Requirement
|
$24,900 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
7 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 | Scrubs2Go has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 39 hours |
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Classroom Training | 39 hours |
Ongoing Support |
Grand Opening
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 5 |
Are exclusive territories available?
|
Yes |
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