How can I open a Pockets franchise?
Pockets is seeking highly-qualified individuals to become franchisees.Prior business experience, coupled with personal financial qualifications,individual motivation and a track record of success are important factors in our evaluation process.
What size options does a potential franchise have?
The average size of a full-service location is 1,000 to 1,500 square feet.
What is the franchise fee to open a Pockets?
The one-time franchise fee for a single unit is $30,000.
How much money do I need to open a franchise?
Individuals will need approximately $150,000 in liquid assets, along with an overall net worth (total assets minus total liabilities) of $300,000 to qualify. The total cost of each unit varies by size and location.
How much are the royalties and other annual fees?
Royalty and Continuing Services fees are 5% of net sales, marketing is 2% of net sales.
How are Pocket's site locations selected?
Selecting the site is a joint process between the franchisee and Pockets Franchise, Inc. We will provide you with our site selection criteria. Once a potential Pocket site has been identified, we will review and evaluate it together.
What kind of training can I expect as a franchisee?
All new franchisees participate in an 10-day program conducted by our training staff at one of our our Pockets locations. They then receive real-life management experience through a two-week apprenticeship program. Once completed, franchisees receive regular updates to their training, including on-site reviews.