While investing in a Go Mini’s franchise is capital intensive, there are financing avenues available for those who fall short of the liquidity and net worth requirements. The Small Business Association, as well as various veterans’ and minority organizations have programs to help, and your Go Mini’s team is prepared to assist in the research.
The total investment necessary to begin operation of a Go Mini’s franchise ranges from $224,604 to $453,000, which includes:
- Initial franchise fee (begins at $45,000, based on a territory population)
- Initial container purchase
- Secured lot (or warehouse)
- 8 percent royalty and 2 percent marketing fees collected monthly
Ideal franchisee profile: Net worth of $1 million, liquid capital of $100,000, owner/operator mentality, entrepreneurial with a desire to grow multiple territories, vibrant attitude and good customer service instincts.
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