Price Tag For Franchises At Schwab Revealed

InvestmentNews:

Financial details of Charles Schwab & Co. Inc.‘s branch-franchising program have been re-vealed, and the early reviews as to how franchisees will fare are mixed.

The company so far has de-scribed only general outlines of the program, but franchise documents filed with state regulators show further details about how much potential franchisees would pay — and how much money they might make.

Schwab hopes to sign up the first franchisees next month, with a goal of adding 20 more next year, 40 in 2013 and 80 a year by 2014.