BIG FROG Franchise Startup Cost, Profit Margin, Revenue and Locations
The Big Frog Franchise opportunity is an avenue for you as an entrepreneur to indulge yourself in a very lucrative investment opportunity. The company specializes in the provision of unique custom services that involve sales of t-shirts that are designed specifically to suit the clients’ need. With their popularity among fashion lovers across the United States, so many franchise buyers seek to know how much is a Big Frog franchise.
FRANCHISE INFORMATION ABOUT THE COMPANY
Big Frog company deals in retailing custom made T-shirts and clothing. The company utilises cutting-edge and advanced eco-friendly techniques to make affordable customised printing on clothing materials of any quantity.
Customers are not charged extra costs for the services the company renders. No extra set-up charge, no art design charge, and no screen printing charge. This is what makes their services quite affordable and the customer gets great quality products and services.
IS BIG FROG A FRANCHISE?
Big Frog is a franchise in that they offer franchise opportunities to prospective franchisees and they have been doing so since 2008, giving them 9 years of franchising experience that bothers on a highly workable franchise model.
WHY SHOULD I BUY A BIG FROG FRANCHISE?
It will interest you to know that Big Frog is the only franchiseopportunity of its kind in the United States. They are the only chain that operates in the Direct-to-Garment franchise niche. The company boasts to be the business with the most fun offered to both clients and staff.
Franchise owners with Big Frog have success stories to relate to prospective franchisees and you have the opportunity to own a franchise that has minimal working hours with great flexibility.
The investment needed to buy into the company’s franchise opportunity is minimal with also an on-going minimum over head and operating costs.
HOW MUCH MONEY CAN I MAKE WITH BIG FROG FRANCHISE?
You cannot easily predict the level of revenue you can make buying into the Big Frog Franchise, although you can get estimated figures of existing franchise units from the company’s franchise document. The company also links every prospective franchisee with existing owners to have more discussion on their experience with the company.
HOW MUCH DOES A BIG FROG FRANCHISE COST?
As a prospective Big Frog Franchisee, you will need to have a working capital in the tune of $50,000 by the time your store is opened. It is also estimated that the cost of the store building, equipment, furniture, fixtures, signage, inventory and the cost you will incur to attend the company’s training will be about $100,000. You will also be expected to have a net-worth requirement of about $250,000.
BIG FROG FRANCHISE FEE
The Big Frog Franchise cost will also have the Big Frog Franchise fee included and this is the payment you are to make to the company for you to get an access to operate under the brand name of the Big Frog franchise. The initial Big Frog franchise fee is $39,500.
An on-going royalty fee of 6% of the monthly gross revenue of your franchise unit is also payable to the company. An additional Ad royalty fee of about 1.5% will also be requested by the company.
TRAINING AND SUPPORT
A new franchisee with Big Frog franchise will be expected to have passed through a mandatory e-learning class. Afterwards will be then need to enrol at the Big Frog University where an intensive 5 days of training will be conducted.
At the BFU, the franchisee will be exposed to the concept and process of running a Big Frog Franchise unit. Intensive coaching will be done in the areas of operations, sales and marketing, production and many more.
Conclusively, a 6-day training will then be conducted at your Big Frog store to assist you achieve a smooth opening and running of the store. You will also benefit from an on-going support both offline and online in the course of your business.
WHO QUALIFIES AS A BIG FROG FRANCHISE OWNER?
For you to qualify as a Big Frog franchise owner, apart from the financial requirement, you will also need to be an individual with the passion to give back to the community.
You are also expected to have a marketing, sales, management and team building experience, though not extremely needed as training will be offered to every franchisee of the company.
DOES BIG FROG FRANCHISE OFFER FINANCING?
If you need additional financing to open your franchise unit, Big Frog Inc. Have a special SBA lending plan to help you with funds for your business. The company works with some of the best lenders in the franchise industry. You will need a minimum liquid capital of about $40,000 and so many franchisees with the company have opened their franchise store using the 401(k) funds.
Veterans also benefit from a 10% discount off the initial franchise fee
HOW TO OPEN A BIG FROG FRANCHISE
How do I open a Big Frog franchise? All you need to do is get the necessary information about the company and their franchise opportunities. You can then proceed to the company’s website to submit your application, which will be reviewed by the Big Frog Franchise Manager. If the company confirms that you qualify for the franchise opportunity, the franchise manager and his team members will then contact you and give you the necessary support you will need to start your Big Frog Franchise unit.
Is Big Frog a franchise? How much does a Big Frog franchise cost? Do you need information on Big Frog franchise cost and requirements to open one? The Big Frog Custom T-Shirts franchise opportunity provides great and attractive investment opportunities to interested franchise candidates in search of viable investment options.
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Specialized in the provision of premium services that include custom printed garments, specifically designed to suite the unique design needs of its clients, the Big Frog Custom T-Shirts and more franchise presents the perfect investment opportunity for franchisees having interest in the garments printing industry.
Founded in 2007, the Big Frog Custom T-Shirts and more franchise opened its franchising arm for investments a year after it was founded. With Leeward Bean as its CEO, this franchise opportunity has its corporate headquarters located in Dunedin, Florida.
Benefits of Owning a Big Frog Custom T-Shirts and More Franchise
Driven by new technology on the dyeing of fabrics/garments, all Big Frog franchisees benefit from a business enterprise that thrives on excellence and the utmost satisfaction of its clients through attention to detail and client preferences. This has led to increasing client patronage and loyalty.
This franchise opportunity provides franchisees a business which requires few employees, which translates to lesser wage bills and increased profitability while maintaining a strong tradition of excellence.
The Big Frog Custom T-Shirts and More franchise opportunity have developed a business tradition of excellence which has seen its satisfied clients bringing in more clients into its fold of loyal customers. Its franchisees benefit from the strong brand name built over the years as there is strong customer confidence on the franchise.
Because of its domestic and international presence, this franchise opportunity provides the much needed credibility and ability to win trust from interested franchise candidates.
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Big Frog Custom T-Shirts and More Franchise Startup Costs
The Big Frog Custom T-Shirts and More franchise require that all its franchisees incur certain startup costs before they are qualified to own a part of its business. The startup costs to be paid by the franchisee to the franchisor include an Initial Investment sum starting from $180,700 to $239,200, a liquid cash requirement of $50,000 and a net-worth requirement of $250,000. These startup costs form part of a requirement for ownership qualification.
There is however a financing arrangement in the form of a third party agreement with financing sources which provide financing which covers the startup costs. Qualifying for this financing requires that the franchisee passes some eligibility checks set by the franchisor.
Big Frog Custom T-Shirts and More Franchise Fee
To own this franchise opportunity, it requires that the franchise candidate provides a franchise fee which starts from $39,500. However, certain financing eligibility criteria are used to determine if the franchise candidate qualifies for financing covering the franchise fee.
If qualified, financing options are made available to cover the franchise fee. For the Big Frog Custom T-Shirts and More Franchise, financing is provided under its veteran incentives program. Here, veterans who have served their nation honourably are offered a 20% discount off the franchise fee.
FOREVER 21 FRANCHISE STARTUP PRICE
Big Frog Custom T-Shirts and More Franchise Ongoing Costs
The Big Frog Custom T-Shirts franchise has certain ongoing costs that must be paid by the franchisee to the franchisor. These are in the form of an ongoing royalty fee of 6% and also an advert royalty fee of 1.5%.
These fees vary according to the franchise size. For bigger franchise sizes, the ongoing costs are higher as compared to franchisees who own smaller sized Big Frog Custom T-Shirts franchises that are charged lesser ongoing costs.
Big Frog Custom T-Shirts and More Franchise Training and Support
All Big Frog Custom T-Shirts and More franchisees undergo a compulsory training session. New franchisees are required to attend these training sessions with their managers to enable adequate transfer of skills and knowledge.
This is to ensure that in the absence of the franchisee, the managers will be able to effectively run the franchise without interruptions, leading to continued productivity even in the absence of the franchisee.
The training session lasts a period of 5 days, held at the franchisors corporate headquarters. There is another 5 day on-site training session aimed at providing the franchisee with maximum exposure and hands-on training and experience for effective productivity and satisfactory on-the-job performance.
Support is divided into ongoing support and marketing support. Under Big Frog Custom T-Shirt’s ongoing support arrangement, it covers vital areas such as the provision of security, provision of internet services, a toll free line, and periodic newsletter publications and meetings aimed at updating its franchisees on current industry trends and innovations. Others include field operations, a grand opening ceremony and purchasing cooperatives.
Marketing support includes the placement of adverts in regional and national media, including the use of ad slicks and cooperative advertising.
How to Open a Big Frog Custom T-Shirts and More Franchise
The Big Frog Custom T-Shirts and More franchise ownership procedure requires that the prospective franchisee register his/her interest through an online application procedure that involves visiting the franchisors website on https://bigfrogfranchise.com/why-big-frog/ a phone number is provided at the top right hand corner of the site for easy communication to a representative of the franchisor.
There is also an online request form which the franchise candidate must fill with personal details including contact details. The information supplied is used to check the franchise candidate’s eligibility. If qualified, further details on ownership are supplied by the franchisor, which leads to investment discussions leading to eventual ownership.
With the information made available in this article, necessary guide is provided to the franchise candidate to enable him/her make informed investment decisions through the provision of up-to-date information. It is however advised that before applying, the franchise candidate should still check the franchisors website for any update to its terms and conditions.