Sparkle Wash | Breaking Down the Cost of Buying a Franchise

Like with any major purchase, determining what you can afford should be Step #1. With over 450 franchises to choose from, you can narrow the playing field based on your financial and lifestyle goals.

Knowing how much you realistically have to invest is key to choosing the right business model. Be honest with yourself when putting together your financial worth.FEES AND UPFRONT COSTS

Based on federal regulations all franchisors must show you all the costs associated with purchasing and operating their business model. These fees and costs are outlined in the Franchise Disclosure Document (FDD). Keep in mind, since this is a regulated federal document every franchise opportunity you review should present you these cost breakdown – if they cannot produce their FDD – RUN! Here are the schedules that give you an itemized breakdown of costs:

ITEM 5: Initial Fees: This section covers the upfront cost to purchase a franchise. This fee can be based on …
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Sparkle Wash New Franchise Spotlight: Texarkana

Catching Up with the Shines

Steve Shine from Texarkana, TX has owned a Sparkle Wash franchise for just under two years. For those who are on the fence about owning a Sparkle Wash franchise, here is Steve’s experience in his own words from a recent interview.

WHAT MADE YOU WANT TO BUY A SPARKLE WASH FRANCHISE?

For many years, I thought about starting my own business but always had a professional job with a consistent paycheck and benefits.  I haven’t had the nerve to make the leap until 2019 when we moved to Texarkana for my wife’s new job.  I was a Commercial Insurance Underwriter with a significant book of business I built up over the years.  Because Texarkana was so far out of my eastern US territory, my employer wanted me to start over, building a new book from scratch, and take a pay cut.  This seemed the best time to start my business.  I decided on Sparkle Wash since my Dad worked with a neighbor of ours who had a franchise in …

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