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FranchiseVerdict

How Much Does a 10X Business Advisor Franchise Cost?

Data from the 2023 Franchise Disclosure Document

Investment Summary

Total Investment

$125K – $344K

Franchise Fee

$125K

Royalty

the greater of: (i) 15% of Gross Revenue; or (ii) $3,500 for the first business advisor plus $1,499 for each additional business advisor per month

Ad Fund

N/A

Cost Breakdown

Initial Franchise Fee

The initial franchise fee for 10X Business Advisor is $125K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a 10X Business Advisor franchise requires a total investment of $125K – $344K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $10K to $25K.

Ongoing Costs

Beyond the initial investment, 10X Business Advisor franchisees pay ongoing fees. The royalty structure is: the greater of: (i) 15% of Gross Revenue; or (ii) $3,500 for the first business advisor plus $1,499 for each additional business advisor per month. There is also a technology fee of $500.

Net Worth & Liquid Capital Requirements

10X Business Advisor requires working capital of $10K – $25K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

10X Business Advisor does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

Next Steps

Talk to current 10X Business Advisor franchise owners

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Risk analysis, unit growth, contract terms, and more

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