Initial Investment
The initial investment to own your own Same Day Grab Bars® home service franchise opportunity ranges from $49,800 to $69,750, including the Initial Franchise Fee.
You'll need $25,000 in available liquid capital, a minimum net worth of $100,000, and a good credit score to qualify.
Franchise Fee
The Initial Franchise Fee for a single Same Day Grab Bars® franchise is $25,000.
The Franchise Fee includes a minimum Exclusive Territory of approximately 400,000 in total population and 35,000 Target Market Households occupied by those 65 years and older with an estimated annual income of $30,000 or higher.
Multiple Franchise Opportunities
The Initial Franchise Fee for additional Same Day Grab Bars® franchises purchased at the same time is $20,000.
Area Development Opportunities
We also offer qualified individuals development rights under an Area Development Agreement. With an Area Development Agreement, you agree to open a certain number of franchises in a defined area within a timeframe we both agree to. You will get a discounted franchise fee for each Same Day Grab Bars® business you open.
Area Development is the perfect way to reserve and control a much larger area for multiple Same Day Grab Bar® franchises without paying the franchise fees upfront or opening all the businesses simultaneously.
Estimated Initial Investment Chart
The chart below is taken from our current Franchise Disclosure Document (FDD) Item 7 and is an overview of the Estimated Initial Investment to open a single Same Day Grab Bars® franchise. Once you start working with us to learn if a Same Day Grab Bars® business is right for you, we'll give you our Franchise Disclosure Document (FDD) with complete details.
| Initial Investment Chart | |
|---|---|
Initial Franchise Fee | $25,000 |
Tools / Inventory | $6,000 - $7,500 |
Work Van, Up Fitting, Vehicle Wrap | $3,500 - $7,500 |
Computer System | $1,500 - $2,500 |
Business iPhone, iPad | $1,000 - $1,500 |
Travel and Living Expenses Initial Training | $1,500 - $3,000 |
Insurance | $300 - $750 |
Professional Fees, Legal Entity, Merchant Account | $250 - $1,000 |
Business Licenses and Permits | $250 - $1,000 |
Advertising and Marketing | $3,000 - $5,000 |
Additional Funds (3 months) | $7,500 - $15,000 |
TOTAL ESTIMATED INITIAL INVESTMENT | $49,800 - $69,750 |
