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We have been in business since 2017 and franchising since 2020.
The entire process takes 30-45 days.
It all comes down to finding a location and securing a lease. Once a lease is secured, you could be open within 6 - 9 months.
The franchise disclosure document (FDD) is a document that outlines everything you need to know in depth about opening your very own Junbi.
The initial franchise fee is $30,000.
The royalty is 6%.
We currently do not offer in-house financing but will introduce you to our preferred lenders.
The minimum requirements are $300k in liquid cash funds to be considered for a franchise. This amount can include funds from financing or 401k/IRA rollovers.
As per our FDD in 2020, the estimated initial investment ranges from $263,750 - $486,250.
Profitability depends on many factors, including operating and occupancy costs, financing terms, and most importantly, your ability to operate the business effectively.
Ideally, but we will review this on a case-by-case basis.
Yes, each store has a protected territory.
There will be a preliminary search to confirm availability during the initial stages, and a final confirmation will be conducted at the time you receive an award letter.
Junbi is an equal opportunity franchisor by choice. We are seeking both single and multiple unit franchisees. We can review this during our initial call to see which option is the right fit for you.
Yes, all potential franchisees will have a chance to attend our virtual discovery day upon acknowledgment of receiving the FDD.
This is a day where you get to meet the executive team and experience the Junbi franchise culture first hand.
Training is provided to all franchisees and the details will be reviewed along with the FDD. We will also continue to provide you with ongoing support after your store opens.
Currently, we are working on expanding to Canada.