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Franchise: Rascal House

Initial Investment
LOW:$386,700
HIGH: $694,700
Change in Units
+20.0% +0 UNITS (1 Year)
+20.0% +0 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Grand Opening
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Training Onsite: 1-2 weeks

Training at headquarters: 4-6 weeks

Number of employees required to run: 25

Founded

1980

Franchising Since

2003 (14 Years)

Corporate Address

1836 Euclid Ave., #800 Cleveland, OH 44115

CEO

Niko Frangos

Parent Company

Rascal House Inc.

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Financial Requirements

Initial Investment

$386,700 - $694,700

Net-worth Requirement

$750,000 - $1,000,000

Liquid Cash Requirement

$120,000 - $200,000

Ongoing Fees

Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

3%

Financing Options

Veteran Incentives


20% off first-store franchise fee

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 5th, 2017

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