How much is a Schooley Mitchell franchise? $75,300 – $85,550 to open, per its disclosure filings
$75,300 – $85,550
Opening a Schooley Mitchell franchise takes $75,300 – $85,550 all-in, per its franchise disclosure filings (data as of 2026-05). The initial franchise fee is $73,800. Ongoing, franchisees pay a royalty of 8% on sales plus an ad-fund contribution of up to 2%. To qualify, Schooley Mitchell asks for $75,000 in liquid cash and a $125,000 net worth. Anything the filings do not state is marked "Not disclosed" below — never estimated.
Schooley Mitchell cost table
| Verification mark | Cost item | Low | High | Range |
|---|---|---|---|---|
| Initial franchise feeOne-time, paid to the franchisor at signing | $73,800 | $73,800 | $73,800 | |
| Initial investment (all-in)FDD Item 7-derived range: build-out, equipment, opening costs | $75,300 | $85,550 | $75,300 to $85,550 | |
| Net worth requiredFranchisor's stated qualification minimum | $125,000 | $125,000 | $125,000 | |
| Liquid cash requiredFranchisor's stated qualification minimum | $75,000 | $75,000 | $75,000 | |
| Cash to open (all-in range) | $75,300 | $85,550 | $75,300 to $85,550 |
| RoyaltyOngoing, % of sales | 8% |
|---|---|
| Ad fundOngoing, % of sales | Up to 2% |
| Initial termLength of the first franchise agreement | 10 years |
What's in that number — and what isn't
The $75,300 – $85,550 range is derived from Schooley Mitchell's filed initial-investment disclosure (FDD Item 7 class): build-out, equipment, and opening costs as the franchisor stated them. Your market's real estate, labor, and build-out prices can land you outside it.
Not in the opening number: the ongoing royalty of 8% on sales, the ad-fund contribution of up to 2%, and your operating losses while the unit ramps. Every figure marked "Not disclosed" above is a gap in the filings, not a zero.
How Schooley Mitchell's cost compares
A dollar figure means more with a yardstick. Here is where Schooley Mitchell's disclosed cost sits against the Professional Services category:
- Minimum startup cost of $75,300 — about in line with the Professional Services median of $84,700.
- Initial franchise fee of $73,800 — about 1.9× the Professional Services median of $39,700.
Category medians are computed from the Professional Services brands in our data that disclosed each figure — a benchmark for scale, not a quality judgment. See all Professional Services franchises
What about earnings?
We don't publish per-brand earnings figures — for Schooley Mitchell or anyone else. The only primary source is Item 19 of the brand's own franchise disclosure document (FDD), and no law requires a franchisor to publish one, so the "average owner income" numbers circulating elsewhere are usually unsourced or survivorship-biased. Ask Schooley Mitchell for its current FDD and read Item 19 yourself — and if there is no Item 19, that silence is information too.
What is the Schooley Mitchell franchise fee?
$73,800, one-time, per disclosure filings as of 2026-05.
What ongoing fees does Schooley Mitchell charge?
A royalty of 8% on sales plus an ad-fund contribution of up to 2%, per disclosure filings as of 2026-05.
How much money do you need to qualify for a Schooley Mitchell franchise?
Schooley Mitchell's filings ask for $75,000 in liquid cash and a $125,000 minimum net worth (as of 2026-05). Capital figures are the franchisor's stated minimums, not our advice.