Tribute Portfolio

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What to know about Tribute Portfolio franchise? The franchisee will establish and operate a full-service hotel that will be designated as a member of the “Tribute Portfolio.” Tribute Portfolio is based in Bethesda, MD. Scroll down to learn more!How much does a Tribute Portfolio franchise cost?Are you wondering how much is a Tribute Portfolio franchise? Before starting a Tribute Portfolio franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Tribute Portfolio franchise is $47,843,340 and can go all the way up to $78,582,140. Keep in mind, you should also allocate additional funds to live off of while the Tribute Portfolio business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Tribute Portfolio franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Tribute Portfolio business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Tribute Portfolio franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.