My Place Franchise Review
My Place is graded based on our most recent research.
How much does a My Place franchise cost?My Place has a franchise fee of up to $30,000, with a total initial investment range of $3,211,836 to $4,100,336.
- Initial Franchise Fee: $30,000
- Total Investment: $3,211,836 to $4,100,336
- Working Capital: $50,000 to $75,000
- Royalty Fee: 4.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a My Place franchise make?As with any business, profits from a My Place franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.
How many franchise locations do they have?As of the 2015 Franchise Disclosure Document, there are 19 franchised My Place locations in the USA.
Are there any My Place franchise opportunities near me?Based on 2015 FDD data, My Place has franchise locations in 12 states. The largest region is the Midwest with 8 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2015
My Place Franchise Stats
$3,211,836 - $4,100,336
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 0 hours. This includes . In their FDD they outline who’s in charge of the training. Unlock to find out more.