Franchise News
How Much Capital Is Needed to Buy a Franchise?
Buying a franchise is a major investment, and the total cost to get your business up and running varies depending on the type of franchise you choose and a number of other factors.
Whether you’re on a tight budget or have $1 million in capital sitting in the bank, there is no shortage of investment opportunities available in the franchise world.
Startup costs vary, but they typically range from $10,000 to more than $1 million. Other fees include real estate, leases, franchise fees, equipment, inventory and insurance.
Most people seek outside financing when they purchase a franchise, and many loan options are available, including rollover as business startups, Small Business Administration loans, home equity loans, a second mortgage, using your own savings or financing through the franchisor.
Related stories:
Don’t Miss the Next Big Franchise Story
Sign up for the 1851 Franchise newsletter to get our biggest stories before everyone else
By signing up, you agree to our user agreement (including class action waiver and arbitration provisions), and acknowledge our privacy policy.
