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1-800-Radiator & A/C franchise financing options

Compare costs, fees and where to get financing for a 1-800-Radiator & A/C.

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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Overall costs for 1-800-Radiator & A/C run anywhere from $407,500 to $1,246,000. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

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.

Franchise fees

1-800-Radiator & A/C franchise fees total around $45,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $45,000 to $45,000
Estimated total $45,000 to $45,000

Equipment fees

Equipment fees total $42,000 for 1-800-Radiator & A/C. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Warehouse equipment package $42,000 to $42,000
Estimated total $42,000 to $42,000

Real estate fees

Real estate will set you back $56,000 for 1-800-Radiator & A/C, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
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

Training fees

1-800-Radiator & A/C initial training costs total $3,750, which comes in under the nationwide average of $9,788.
Training Cost
Travel and living expenses while training $2,500 to $5,000
Initial training Tuition-free.
Estimated total $2,500 to $5,000

Inventory costs

Initial inventory for 1-800-Radiator & A/C shakes out to $500,000. This is more expensive than the nationwide average of $53,119.
Inventory Cost
Opening inventory $200,000 to $800,000
Estimated total $200,000 to $800,000

Marketing costs

Advertisement and marketing costs total up to $30,000 for 1-800-Radiator & A/C, which is more than the nationwide average of $9,938.
Marketing Cost
Opening marketing package $30,000 to $30,000
Estimated total $30,000 to $30,000

Other expenses

Miscellaneous expenses for 1-800-Radiator & A/C total $150,000 — more than the nationwide average of $69,970.
Other Cost
Miscellaneous opening costs $25,000 to $75,000
Three months' additional funds $50,000 to $150,000
Estimated total $75,000 to $225,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for 1-800-Radiator & A/C is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the 1-800-Radiator & A/C franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to 1-800-Radiator & A/C about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $826,750 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a 1-800-Radiator & A/C — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of 1-800-Radiator & A/C opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if 1-800-Radiator & A/C franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $407,500. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
National Funding business loans
$5,000
$500,000
Be in business at least one year and make at least $150,000 in annual sales. Other loan types have additional requirements.
Working capital loans and equipment financing, some high-risk industries may be eligible.
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How 1-800-Radiator & A/C stacks up

Compare how 1-800-Radiator & A/C holds up against two similarly sized franchises.
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

Bottom line

1-800-Radiator & A/C franchise costs run a total of $826,750. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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