Fast food is cheap but owning a store isn't.
When you’re obsessed with a particular fast food chain, it’s usually crossed your mind at least once that you should just buy one of the stores. After all, if you own the joint, you can eat there for free all the time. It’s a win-win.
Here’s the thing: While fast food is cheap, owning a store that sells it can cost a lot. Most franchises require that you have a minimum net worth of at least $1 million, and there are plenty of upfront costs on top of that.
Still, it would be really, really cool—right?! Here’s what you need to know about opening your own franchise, plus which fast food chains are totally off-limits. (Coffee lovers...number three is a major blow.)