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Big Frog Custom T-Shirts & More Franchise ProfileBusiness Services Franchises > Printing Services |
What Are the Initial Investment Requirements for a Big Frog Custom T-Shirts & More Franchise?
To open a Big Frog Custom T-Shirts & More franchise, you can expect an initial investment ranging from $195,934 to $291,434. This includes a franchise fee of $39,500. Additionally, you will need to have cash reserves between $40,000 and $42,000 and a net worth of $250,000 to $500,000. Understanding these financial commitments is crucial for aspiring franchisees to ensure they are well-prepared for the journey ahead.
What Are the Ongoing Fees and Financial Performance Expectations?
Franchisees of Big Frog Custom T-Shirts & More are required to pay a royalty fee of 6% of gross sales and a marketing fee of 1.50%. On average, franchise units generate annual revenue of $523,501, with a median revenue of $470,753. The highest-performing unit reported revenue of $1,455,228. These figures highlight the potential for profitability, but also emphasize the importance of effective management and marketing strategies to achieve these results.
What Is the Breakeven and Investment Payback Timeline?
Franchisees can expect to reach breakeven within approximately 12 months of operation. The average investment payback period is around 22 months, which is relatively quick compared to many other franchise opportunities. This timeline can be appealing for those looking to see a return on their investment in a shorter timeframe, provided they effectively manage their operations and capitalize on local market demand.
How Many Units Are Currently Operating in the Big Frog Franchise System?
As of 2022, the Big Frog Custom T-Shirts & More franchise system consists of 76 franchised units, showing a gradual decline from 82 units in 2020. Notably, there are currently no corporate-owned units, indicating a strong focus on franchising as the primary growth strategy. Understanding the franchise landscape can help potential investors gauge the stability and growth potential within the brand.
Big Frog Custom T-Shirts & More Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Big Frog Custom T-Shirts & More Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2020 | 2021 | 2022 |
|---|---|---|---|
| Total Units | 82 | 78 | 76 |
| Net Change YoY | -4 | -2 | |
| Franchised Units | 82 | 78 | 76 |
| Net Change YoY | -4 | -2 | |
| Corporate Units | 0 | 0 | 0 |
| Net Change YoY | 0 | 0 |
Company Background
Big Frog Custom T-Shirts & More is a leading custom apparel franchise specializing in high-quality, personalized clothing and accessories. Founded with the mission to empower individuals and organizations to express their unique identities, Big Frog has grown to become a popular choice for custom printing. With a focus on exceptional customer service and quick turnaround times, the brand caters to a wide range of clients, from individuals to businesses and schools, offering an extensive selection of products and printing options.
Franchise Opportunity
Investing in a Big Frog franchise presents a unique opportunity for aspiring entrepreneurs looking to enter the booming custom apparel market. With a low initial investment range of $195,934 to $291,434 and a franchise fee of $39,500, franchisees can tap into a proven business model. The franchise offers comprehensive training and ongoing support, making it an attractive option for both first-time business owners and seasoned investors seeking to diversify their portfolios.
Financial Performance
Big Frog franchisees can expect an average annual revenue of $523,501 per unit, with a median revenue of $470,753. The financial structure allows for a breakeven time of approximately 12 months and an investment payback period of around 22 months. This strong financial performance highlights the potential profitability of the franchise, making it a viable option for those looking to capitalize on the custom printing industry.
Royalties and Fees
Franchisees are required to pay a royalty fee of 6% on gross sales, along with a marketing fee of 1.50%. These fees contribute to the overall support and resources provided by Big Frog, ensuring that franchisees benefit from national advertising and brand recognition. Understanding the fee structure is essential for prospective franchisees to accurately assess their potential return on investment.
Operational Support
Big Frog Custom T-Shirts & More offers extensive operational support to its franchisees, including training programs, marketing resources, and ongoing assistance. Franchisees benefit from a collaborative community that shares best practices and strategies for success. This support system is designed to help franchisees navigate challenges and optimize their business operations, ultimately leading to greater profitability and growth.
Brand Growth and Development
Since its inception, Big Frog has focused on expanding its footprint across the United States, with a steady decline in the number of franchised units from 82 in 2020 to 76 in 2022. Despite this trend, the brand continues to innovate and adapt to market demands, ensuring its relevance in a competitive industry. The commitment to quality and customer satisfaction positions Big Frog for future growth, making it an appealing choice for investors seeking a franchise with long-term potential.
Frequently Asked Questions
The initial investment for a Big Frog franchise ranges from $195,934 to $291,434, which includes the franchise fee of $39,500.