How Much Does a LeTip Franchise Cost?

Initial Franchise Fee

The initial franchise fee for LeTip is $40K. 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 LeTip franchise requires a total investment of $48K – $65K. 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 $1K to $5K.

Ongoing Costs

Beyond the initial investment, LeTip franchisees pay ongoing fees. The royalty fee is 17.0% of gross sales (Percentage of Gross Revenues). The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $2.

Net Worth & Liquid Capital Requirements

LeTip requires working capital of $1K – $5K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.