FranNet Franchise FDD, Profits & Costs (2025)

FranNet is a leading franchise consulting firm that assists aspiring entrepreneurs in identifying and investing in franchise opportunities that align with their goals and capabilities.
Founded in 1987, FranNet operates as a franchise itself, offering individuals the chance to become franchise consultants under its established brand.
Headquartered in Louisville, Kentucky, FranNet began franchising its consulting services in 2006. One of FranNet’s distinguishing features is its commitment to providing free consulting services to prospective franchisees.
Similar to real estate agents who earn commissions from sellers, FranNet consultants are compensated by the franchisors, ensuring that clients receive unbiased guidance without incurring additional costs.
Initial Investment
How much does it cost to start a FranNet franchise? It costs on average between $34,000 – $63,000 to start a FranNet franchised business.
This includes costs for office setup, equipment, technology fees, and initial operating expenses. The exact amount depends on various factors, including the location, the size of the office, and whether the franchisee chooses to lease or purchase office space.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $5,000 – $10,000 |
Equipment and Computer System | $2,500 – $5,000 |
Supplies | $500 |
Pre-Opening Training | $1,500 – $3,000 |
Marketing Program | $2,900 |
Prepaid Insurance Premiums | $1,000 |
MyFranNet Technology Fee (3 months) | $350 |
Additional Funds (6 months) | $20,000 – $40,000 |
TOTAL | $33,750 – $62,750 |
Competitors
Below are a few FranNet competitors as a comparison:
FranNet Franchise Disclosure Document
Frequently Asked Questions
How many FranNet locations are there?
As of the latest data, FranNet operates 71 franchise-owned locations across the United States and Canada.
What is the total investment required to open a FranNet franchise?
The total investment required to open a FranNet franchise ranges from $34,000 to $63,000.
What are the ongoing fees for a FranNet franchise?
FranNet franchisees pay a 10% royalty fee on gross sales and a national marketing fee of $725 per quarter to support brand promotion and advertising efforts.
What are the financial requirements to become a FranNet franchisee?
To become a FranNet franchisee, candidates are typically required to have a minimum net worth of $500,000 and liquid capital of at least $75,000.
Who owns FranNet?
FranNet is owned by a group of its established consultants. In 2006, several experienced FranNet consultants, including current CEO Jania Bailey, formed a centralized group and purchased the company from founder Howard Bassuk.
Disclaimer
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