- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$130K - $277K
- Units as of 2014
-
30
Company Overview
About Hut no. 8
| Industry | Retail |
|---|---|
| Related Categories | Apparel & Accessories, Miscellaneous Retail Businesses |
| Founded | 2007 |
| Leadership | Marcus Price, CEO |
| Corporate Address |
4941 4th St. Zephyrhills, FL 33542 |
| Social |
Business Overview
| Franchising Since | 2009 (15 years) |
|---|---|
| # of Units | 30 (as of 2014) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Hut no. 8 franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$15,000 |
|---|---|
|
Initial Investment
|
$130,300 - $276,500 |
|
Cash Requirement
|
$20,000 |
|
Veteran Incentives
|
50% off franchise fee |
|
Royalty Fee
|
$400/mo. |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Hut no. 8 has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
|---|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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