Editor's choice: OnDeck business lines of credit
- Business loan amounts up to $250k
- Repayment terms up to 18 months
- $100k in annual revenue required
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Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your 1-800-Radiator & A/C franchise may result in higher or lower fees.
|Initial franchise fee||$45,000 to $45,000|
|Estimated total||$45,000 to $45,000|
|Warehouse equipment package||$42,000 to $42,000|
|Estimated total||$42,000 to $42,000|
|Lease deposit||$2,000 to $15,000|
|Delivery vehicle||$5,000 to $35,000|
|First three months' rent||$6,000 to $49,000|
|Estimated total||$13,000 to $99,000|
|Travel and living expenses while training||$2,500 to $5,000|
|Estimated total||$2,500 to $5,000|
|Opening inventory||$200,000 to $800,000|
|Estimated total||$200,000 to $800,000|
|Opening marketing package||$30,000 to $30,000|
|Estimated total||$30,000 to $30,000|
|Miscellaneous opening costs||$25,000 to $75,000|
|Three months' additional funds||$50,000 to $150,000|
|Estimated total||$75,000 to $225,000|
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
|The Grounds Guys||1-800-Radiator & A/C||College Nannies, Sitters and Tutors|
|Average Franchise fees||$35,000||$45,000||$45,000|
|Average Equipment fees||$53,300||$42,000||$10,250|
|Average Real estate fees||$3,000||$56,000||$5,000|
|Average Training fees||$3,550||$3,750||$2,250|
|Average Inventory fees||NA||$500,000||NA|
|Average Marketing fees||$20,000||$30,000||$20,000|
|Average Licenses and permits fees||$525||NA||NA|
|Average Insurance fees||$3,100||NA||$7,000|
|Average Admin fees||$1,920||NA||$2,000|
|Average Personnel fees||NA||NA||NA|
|Average Other fees||$2,625||$150,000||$40,000|
A business line of credit is a useful tool. But as a startup, you may not qualify for the best interest rates with most lenders. Explore your options — and alternatives — for flexible funding as a new business.
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