For a traditional inline or end-cap Ritter’s shoppe you should plan to invest $365,500 to $693,900. Free-standing shoppes are estimated at $501,500 to $1,107,900 in total initial investment.
Ritter’s does not directly provide business loans to prospective franchises. Ritter’s does however work with several third-party SBA, 401K and unsecured lending professionals. These franchise funding specialists provide candidates with complete business loan services and do so at highly competitive fees and interest rates
The franchise fee is $25,000, which is due upon execution of the franchise agreement. Royalties are 5% of gross sales and paid weekly. There is also a 2% Brand Development Fund contribution that must be paid weekly as well. In addition, you are required to invest a minimum of 3% of gross sales over a 12-month period for local marketing and advertising.
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