The start-up cost is between $167,500 and $490,000, including a $30,000 franchise fee due upon signing, but this cost varies depending on the size, location, and existing condition of the proposed space and on other factors.
Depending on how many locations you plan to open, the franchise fee for the first location is $30,000 with fees for additional stores between $20,000 and $25,000.
Several factors determine the time it takes to open a store including whether a location has been identified, the existing conditions of the location, and construction. Once a franchise agreement has been signed, it usually takes between four and six months to open your store.
Local costs such as buildout, labor, and rent will vary and impact financial performance. As disclosed in our Franchise Disclosure Document, our top 50% of stores average $667,363 in net sales with the top store with sales of $1,272,78 These sales figures are for stores open for the entire 2021 calendar year.
16 Handles provides very hands-on support from the site selection process to the grand opening and beyond. As a 16 Handles franchisee, you are truly a partner and will work closely with the franchising team including the founders of the company. During the site selection process, we will work together to understand the local market and to determine the best location for your 16 Handles store. You will then work with our team to create the optimal store layout and design. You and your managers will receive training at a corporate location for up to two weeks and receive pre-opening assistance at your own location. You will also have access to all 16 Handles’ trademarks, approved suppliers and our exclusive operational tools including our operations manual.
Please see our Available Markets page or submit an inquiry to find out more information about specific markets. Multiunit operators are strongly encouraged to apply.
