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What experience do I need to own a franchise with BullBag?
BullBag is looking for investors and entrepreneurs with professional and management experience. A background in the waste disposal industry is ideal but not required. Regardless of your background or experience, we’ll provide you with the support and training you need to open and operate a BullBag franchise.
What is provided as part of the BRAND franchise program?
Franchise owners and their managers will spend x days at our flagship/headquarters location in LOCATION for comprehensive training on the BullBag franchise model, both in the classroom and on the job. When it’s time for your Grand Opening, our BullBag franchise team will travel to your location for x days, to make sure you are confident and excited when you open your doors. BullBag owners will have access to our Confidential Operations Manual for daily operations. Our team is always available to assist you when you need us. We are always just a call or click away.
How much will the BRAND franchise program cost me?
The estimated initial investment necessary to begin operations ranges from $745,000 – $1.2M This includes a $374,000 initial franchise fee. As with any new venture, it’s important to have adequate capital to fund your business growth.
Is financing available?
We do not provide direct financing to franchise owners, but we may refer to financing sources on a case-by-case basis.
Are there ongoing fees to pay?
We collect a royalty fee equal to x% of gross revenues. Fees such as these allow us to fund our ongoing support services and the continued development of programs, marketing tools, training programs, recipes, and systems upgrades. For a full list of fees and requirements, please refer to our Franchise Disclosure Document (FDD).
Are there any advertising fees?
BullBag franchise owners will be required to spend the greater of x% or $xxx per week on local marketing each month, and $xx,000 on their Grand Opening. You will also contribute x% of gross revenues to the brand marketing fund. Collected funds will be used to develop marketing strategies to promote the BullBag brand and cover the creative costs to develop marketing materials and campaigns.
What is the term of the agreement?
The initial term of your BullBag agreement is x years, with two subsequent successor agreement options of five years each.
How do I get started?
If you’re interested in learning more about the BullBag franchise opportunity, contact us at 888-404-2241 or franchise@thebullbag.com. Let’s discuss setting up a meeting, speaking with our management staff, and receiving our FDD, for all the important details you’ll need to make an informed decision.