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AdvantaClean franchise financing options
Compare costs, fees and where to get financing for a AdvantaClean.
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 AdvantaClean franchise may result in higher or lower fees.
Franchise feesAdvantaClean franchise fees total around $19,950, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Initial franchise fee||$19,950 to $19,950|
|Royalty||Greater of: (i) 10% of the gross revenue; or (ii) the minimum royalty fee.|
|Estimated total||$19,950 to $19,950|
Equipment feesEquipment fees total $42,700 for AdvantaClean. This is less than the $180,023 average for the top 200 franchises.
|Supplies, equipment and inventory package lease||$36,000 to $45,000|
|Technology systems package||$0 to $3,000|
|Office equipment, furniture and supplies||$400 to $1,000|
|Estimated total||$36,400 to $49,000|
Real estate feesReal estate will set you back $3,000 for AdvantaClean, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate and security deposits||$1,000 to $5,000|
|Estimated total||$1,000 to $5,000|
Marketing costsAdvertisement and marketing costs total up to $3,750 for AdvantaClean, beating out the nationwide average of $9,938.
|Local advertising||$2,500 to $5,000|
|Estimated total||$2,500 to $5,000|
Licenses and permits costsAdvantaClean initial licenses and permits will set you back $4,000. This comes out to less than $18,770 — the overall nationwide average.
|Licenses and permits||Cost|
|Licenses and certifications||$3,000 to $5,000|
|Estimated total||$3,000 to $5,000|
Insurance costsInitial insurance costs for AdvantaClean run $3,250. This means you'll be paying less than the overall nationwide average of $6,311.
|Insurance deposits||$1,500 to $5,000|
|Insurance||Cost to obtain and maintain required insurance under the Franchise Agreement, plus a service fee (if the franchisor is forced to obtain the required insurance for the franchisee on his/her behalf).|
|Estimated total||$1,500 to $5,000|
Administrative feesAdvantaClean administrative fees total up to $1,250 — which comes in under the overall nationwide average of $6,761.
|Legal and accounting fees||$500 to $2,000|
|Technology fee||The then-current technology fee, currently, $300 per month for the 1st protected territory, plus $200 per month for the 2nd protected territory (if applicable), plus $100 per month for each additional protected territory thereafter (if applicable).|
|Estimated total||$500 to $2,000|
How to financeSince the estimated total for AdvantaClean is on the more costly side, we recommend following these steps to get fully financed:
- Go to the AdvantaClean franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to AdvantaClean about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $77,900 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?Consider one of the following options for covering a portion of the costs to open a AdvantaClean.
- Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
- Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
- Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
- SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Compare small business lendersYou may not need financing to cover the estimated $64,850. 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.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How AdvantaClean stacks upCompare how AdvantaClean holds up against two similarly sized franchises.
|Mr. Handyman||AdvantaClean||Caring Transitions|
|Average Franchise fees||$59,900||$19,950||$44,900|
|Average Equipment fees||$14,675||$42,700||$2,750|
|Average Real estate fees||$1,875||$3,000||$1,775|
|Average Training fees||$3,500||NA||$1,675|
|Average Inventory fees||NA||NA||NA|
|Average Marketing fees||NA||$3,750||$3,500|
|Average Licenses and permits fees||$550||$4,000||NA|
|Average Insurance fees||$2,300||$3,250||$2,000|
|Average Admin fees||NA||$1,250||$112|
|Average Personnel fees||NA||NA||$2,500|
|Average Other fees||NA||NA||$11,000|
Bottom lineAdvantaClean franchise costs run a total of $77,900. 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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