AdvantaClean franchise financing options

Overall costs for AdvantaClean run anywhere from $64,850 to $90,950. 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 2022 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 fees

AdvantaClean franchise fees total around $19,950, which beats out the $37,000 average for the 200 largest franchises nationwide.

Franchise	Cost
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 fees

Equipment fees total $42,700 for AdvantaClean. This is less than the $180,023 average for the top 200 franchises.

Equipment	Cost
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 fees

Real 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	Cost
Real estate and security deposits	$1,000 to $5,000
Estimated total	$1,000 to $5,000

Marketing costs

Advertisement and marketing costs total up to $3,750 for AdvantaClean, beating out the nationwide average of $9,938.

Marketing	Cost
Local advertising	$2,500 to $5,000
Estimated total	$2,500 to $5,000

Licenses and permits costs

AdvantaClean 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 costs

Initial insurance costs for AdvantaClean run $3,250. This means you'll be paying less than the overall nationwide average of $6,311.

Insurance	Cost
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 fees

AdvantaClean administrative fees total up to $1,250 — which comes in under the overall nationwide average of $6,761.

Admin	Cost
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

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 2022.

How to finance

Since the estimated total for AdvantaClean is on the more costly side, we recommend following these steps to get fully financed:

1. Go to the AdvantaClean franchising website and review its financial requirements, including cash-on-hand requirements.
2. Reach out to AdvantaClean 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 $77,900 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?

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.

Also check if AdvantaClean 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 $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.

How AdvantaClean stacks up

Compare 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 line

AdvantaClean 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.