Good Guys Franchise for Sale: A Comprehensive Guide
The Good Guys is a leading electronics retailer with over 100 stores across the United States. The company has been in business for over 50 years and has a strong reputation for quality products and customer service.
If you are interested in owning your own business, a Good Guys franchise could be a great option. The company offers a proven business model, comprehensive training, and ongoing support.
Benefits of Owning a Good Guys Franchise
There are many benefits to owning a Good Guys franchise, including:
- Strong brand recognition: The Good Guys is a well-known and respected brand. This gives franchisees a built-in customer base and a competitive advantage over other electronics retailers.
- Proven business model: The Good Guys has a proven business model that has been successful for over 50 years. This gives franchisees a roadmap for success and reduces the risk of failure.
- Comprehensive training: The Good Guys provides comprehensive training to all franchisees. This training covers everything from store operations to customer service.
- Ongoing support: The Good Guys provides ongoing support to all franchisees. This support includes marketing, advertising, and operational assistance.
How to Qualify for a Good Guys Franchise
To qualify for a Good Guys franchise, you must meet the following requirements:
- Net worth of at least $1 million
- Liquid assets of at least $500,000
- Experience in the retail industry
- Strong business acumen
The Good Guys Franchise Fee
The Good Guys franchise fee is $50,000. This fee covers the cost of training, marketing, and other support services.
The Good Guys Royalty Fee
The Good Guys royalty fee is 6% of gross sales. This fee is used to cover the cost of ongoing support services.
The Good Guys Advertising Fee
The Good Guys advertising fee is 2% of gross sales. This fee is used to cover the cost of marketing and advertising.
Total Investment
The total investment required to open a Good Guys franchise is between $1 million and $2 million. This includes the franchise fee, royalty fee, advertising fee, and the cost of store build-out and inventory.
If you are interested in learning more about the Good Guys franchise opportunity, please visit the company’s website at www.goodguys.com.
