Acquiring A Franchise
The best thing about owning an Add a Bounce franchise is that you do not need to own a store front or a commercial space to run the business. You can operate an Add a Bounce franchise from the luxury of your home, provided you have the right equipment i.e. storage and a delivery vehicle.Financial Requirements
At Add a Bounce we make sure that it is easy for you to join the Add a Bounce family. For this purpose we at Add a Bounce expect our new franchisees to pay for the equipment necessary for a new franchise to start up and the additional amount required to operate a franchise under Add a Bounce, LLC.
We expect our franchisees to pay from non-borrowed personal resources, which include cash on hand; securities, bonds, and debentures; vested profit sharing (net of taxes); and business or real estate equity, exclusive of your personal residence.
Since the total cost varies from business to business depending upon the equipment, the minimum amount for a down payment will vary. Generally, we require a minimum of $75,000 of non-borrowed personal resources to consider you for a franchise. Individuals with additional funds may be better prepared for additional or multi-business opportunities.Ongoing Fees
During the term of the franchise, you pay Add a Bounce, LLC the following fees:
Service fee: a monthly fee based upon the business’ sales performance (currently a service fee of 6.0% of monthly sales).
Royalty fee: a monthly fee based upon the business’ sales performance (currently a royalty fee of 4.0% of monthly sales).