How much does a Utopia Descending franchise owner make?

Utopia Descending franchise earnings and revenue can vary significantly from one franchisee to another. The Utopia Descending franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Utopia Descending unfortunately does not disclose financials on how much Utopia Descending franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Utopia Descending does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Utopia Descending franchisees. Do note that Utopia Descending is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Utopia Descending franchisees to understand how much money they are making from their Utopia Descending business.

You should also speak to former Utopia Descending franchisees to understand why they left the system. Did they sell their Utopia Descending at a profit? Were they forced to close their Utopia Descending franchise down because it kept losing money?

What is the Utopia Descending Franchise Fee?

Owning a Utopia Descending franchise requires a 5% royalty fee and a 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial Utopia Descending franchise fee of $2,000 that is included in the initial investment amount of $11,900 to $17,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Utopia Descending franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Utopia Descending franchise fee of $2,000.

Visit the Utopia Descending metrics tab to explore how the franchise, royalty and marketing fees compare to other Retail Products and Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Utopia Descending founded?

Utopia Descending was founded 6 years ago in 2016. Utopia Descending started offering franchises in 2017. At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Utopia Descending locations are in the U.S.?

As of Issuance of 2018, there were 0 Utopia Descending locations owned and operated by franchisees across the U.S. There are also 1 corporate locations owned and operated by Utopia Descending. Most Retail Products and Services franchises like Utopia Descending have more franchised locations than corporate locations.

How many Utopia Descending franchises opened over the past few years?

Over the prior 3 years we have data for, Utopia Descending has opened 0 outlets throughout the U.S.

Visit the Utopia Descending metrics tab to explore how the openings compare to other Retail Products and Services franchises.

How many Utopia Descending franchises closed over the past few years?

Over the prior 3 years we have data for, Utopia Descending has closed 0 outlets throughout the U.S.

Visit the Utopia Descending metrics tab to explore how the closures compare to other Retail Products and Servicesfranchises.

Is Utopia Descending growing? Are they opening more locations than they are closing?

The net unit growth rate for Utopia Descending over the past 3 years is N/A. Over the last year we have data for, Utopia Descending had a net unit growth rate of N/A.

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending growth rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

Is Utopia Descending franchise eligible for an SBA Loan?

Utopia Descending is not eligible for SBA loans including the 7(a) loan last time we checked.

Utopia Descending franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like Utopia Descending that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is Utopia Descending a franchise in the United States?

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that Utopia Descending provides you with an FDD if you are in discussion to buy a Utopia Descending.

What is the Utopia Descending Franchise for Sale Rate?

The Utopia Descending systemwide health and franchisee satisfaction can be measured by the Utopia Descending franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for Utopia Descending over the past 3 years is 0%. Over the last year we have data for, Utopia Descending had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending franchise for sale rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

What is the Utopia Descending Franchise Failure Rate?

Utopia Descending failure rate over the past 3 years is N/A. Over the last year we have data for, Utopia Descending had a franchise failure rate of N/A

Without a comparison, this number doesn’t mean much. Compare how the Utopia Descending failure rate compares to 2,000+ other franchises and Retail Products and Services franchises like Utopia Descending. More info in the Utopia Descending metrics tab.

How can I find out more details on Utopia Descending franchise?

Visit the Utopia Descending metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!